…..No, this is the kind of flagrant mismanagement that sets on fire extraordinary opportunity cost year over year while sitting back as franchise valuation and revenue streams grow, prioritizing not the long right tail of outcomes, but instead that spot on the bell curve just to the right of center.
Well, Ricketts brought Cubs a World Championship within a few years of taking over.
To call that “flagrant mismanagement” is way over the top and ahistorical.
After the World Championship, Cubs were #2 and #3 in MLB payroll (2019/2020). Flagrant mismanagement too?
2021 was the sell-off. Was it “flagrant mismanagement” not to extend Bryant, Baez, Rizzo?
Rebuilds rarely happen quickly in MLB. Ahistorical to think rebuild-to-World Championship should happen quickly.
If you think Cubs are in same or similar spending strata as Yankees and Dodgers, you are mistaken. Mets and Phillies have owners who do not care about spending—indeed, they have been quoted publicly saying that. G-d bless them, but they are outliers in MLB history. Ricketts is with the remaining 99% of owners in MLB history, sorry.
Other clubs temporarily ahead of Cubs lately move up, down, up, down. Just routine fluctuation.
Padres went from #3 in 2023 to #11 in 2024. Jays went from #5 in 2023 to #9 in 2024. Braves went from #13 and #8 in 2021/2022 to higher payrolls with some long-term commitments to 2029 that may or may not work out. Rangers were #17 in payroll in 2022. Giants were #16 and #13 in 2022/2023. Red Sox—the most similar revenue team to Cubs in MLB—were #12 in 2023/2024. Astros were #11 in 2023. Some years, Angels pop in to join top spenders depending on Artie Moreno’s whims but were #15 and #9 in 2023/2024.
We can quibble about Cubs spending another $20-25 more in a given season but Cubs have spent big at times. Ricketts could have extended Bryant, Baez, Rizzo for multi years to beef up payroll but maybe declining that turned out smart? Can complain that Ohtani went to Dodgers or Soto going to Mets/Yankees—go ahead and blame Ricketts for that, I guess.
I know that these three whole years of 2022-24 is a lifetime of futility to our younger Whipper-Snappers out there and 2016 was a century ago.
Don’t you just hate flagrant mismanagement?