Cubs chairman Ricketts threatens to move team from Wrigley

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Posted: Wednesday, May 1, 2013 12:00 am

CHICAGO (AP) — The owner of the Chicago Cubs publicly threatened for the first time Wednesday to move the team out of Wrigley Field if his plans for a big, new video screen are blocked, saying he needs millions of dollars in ad revenue to help bankroll the renovation of the storied ballpark.

“The fact is that if we don't have the ability to generate revenue in our own outfield, we'll have to take a look at moving — no question,” Cubs Chairman Tom Ricketts told reporters after a speech to Chicago business leaders outlining plans for a $500 million renovation of the 99-year-old stadium.

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