May 21, 2010, 4:45 PM EST
For years the buildings just outside of Wrigley Field have charged admission to people to sit on the roof and peer into the ballpark during Cubs games. Five or six years ago the Cubs got all litigatey about it, and ended up settling with the building owners and accepting a cut of the rooftop gate. Despite that, the relationship has been rocky, with the Cubs objecting to some of the building owners’ rooftop advertising and, more recently, hatching plans to put up Wrigley Field ads that would block the view of the neighbors.
We’re in a new era, however, because now the Cubs are actually investing directly in at least one of the rooftop businesses which had been struggling due to lack of an operator.
I’m no real estate expert or anything, but I wonder if, in this down market, it wouldn’t be a smart play for the team to try and take over some of those buildings, turning them into team owned seating. At the very least, you figure that they could use these tough times to try and muscle a bigger portion of the take out of these guys.
- White Sox sign Adam LaRoche to two-year, $25 million deal 6
- Report: Red Sox offer Jon Lester six years, $110-120 million 69
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” 125
- A’s sign Billy Butler to three-year, $30 million contract 84
- Cardinals reportedly joining pursuit of Jon Lester 65
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. 148
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal 157
- Blue Jays sign Russell Martin to five-year, $82 million deal 135
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal (157)
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. (148)
- Blue Jays sign Russell Martin to five-year, $82 million deal (135)
- Sexual assualt charges reinstated against Tigers pitcher Evan Reed (125)
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” (125)