MESA, Ariz. -- While claiming he's confident there is no collusion occurring in baseball, Chicago Cubs chairman Tom Ricketts explained why his team didn't spend money -- and still won't -- on free agents this offseason.
"That's a pretty easy question to answer," Ricketts said Monday. "We don't have any more."
That comment took some by surprise for a team who's estimated worth is over $3 billion. Ricketts pointed out the Cubs have been a top-five payroll in baseball ever since they became contenders a few years ago, but they've never been the No. 1 spender.