CHICAGO (AP) — Cubs chairman Tom Ricketts says a $500 million deal with the city of Chicago to renovate the nearly century-old Wrigley Field is a milestone.
Ricketts spoke to reporters Monday at Wrigley Field, the day after the deal with the city was announced. The plans include an electronic video screen and more night games. It still needs final approval.
Ricketts says money earned from the proposal would give the team the resources to get to the World Series. He says if the plan is approved the team would "win the World Series" for its fans and players. The last World Series championship for the Cubs came in 1908 — six years before Wrigley was built.
Ricketts calls it a "massive investment" that includes community contributions, like $1 million for a park.