You’re no doubt familiar by now with the “biblical losses” suffered by a Cubs organization that depends upon gameday revenue from fans at Wrigley Field for 70% of its income. If you’re among those who are sick of hearing about such things, consider today’s update a metaphorical vaccine.
Dubious though ownership’s claims may be, slashing more than 100 jobs and trimming the baseball payroll certainly indicated the Cubs were intent on limiting expenditures in the wake of a shortened season with no fans and with uncertainty about the 2021 campaign. As the outlook on fan attendance began to look more positive, however, Tom Ricketts approved an increase to the baseball budget that allowed Jed Hoyer a little more breathing room.