Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

Sources: Cubs expect Wrigley crowd limits in '21

Written by 
Published in Baseball
Thursday, 24 September 2020 18:15

The Chicago Cubs laid off about 25% of their business staff on Thursday because of a loss in revenue and in anticipation of an uncertain 2021, sources familiar with the situation told ESPN.

The move follows a significant round of cuts on the baseball side in August.

Based on advice from medical experts, as well as restrictions because of local ordinances, the Cubs are not expecting full capacity inside Wrigley Field at the beginning of next season.

It's possible only season-ticket holders will be allowed to attend games. They'll get first priority as they make up about 50% of overall ticket holders, which is about the same capacity the team is expecting to allow inside the stadium.

The Cubs expect to miss out on about 75% of their revenue in 2020, according to sources, because of the COVID-19 outbreak that has limited the season to 60 games, without fans in the stands. That could add up to a $125 million to $140 million loss.

Uncertainty in the next collective bargaining agreement between the league and its players also is contributing to the overall financial picture of the Cubs, according to sources.

"This is through no fault of their own and had nothing to do with their performance, talent or contributions," a team source said when asked by ESPN about the lost jobs. "This was a difficult decision but the goal was to restructure the organization based on the current operating environment with losses of more than $100 million anticipated next year. We're no longer a business that welcomes 3.3 million fans and we're not sure when that business will resume."

The team is hopeful to get back to full capacity at Wrigley Field later in the 2021 season, but with no guarantee from medical experts about when there might be a vaccine, the team is preparing for reduced capacity for as long as necessary.

Read 59 times

17 comments

Leave a comment

Soccer

Klopp: Rashford work transcends Reds-Utd rivalry

Klopp: Rashford work transcends Reds-Utd rivalry

Jurgen Klopp has hailed what Marcus Rashford is doing to tackle child poverty and said the importanc...

Why Dortmund vs. Schalke is the Bundesliga's biggest derby

Why Dortmund vs. Schalke is the Bundesliga's biggest derby

On Nov. 25, 2017, I had a spring in my step while making the reassuringly familiar, brisk walk from...

Rashford 'blown away' by meal campaign support

Rashford 'blown away' by meal campaign support

Restaurants, cafes and even some local governments across England have mounted a grassroots effort i...

Basketball

Riley ready to run it back with similar Heat team

Riley ready to run it back with similar Heat team

MIAMI -- Pat Riley is always looking for ways for the Miami Heat to improve. This offseason has him...

Sources: NBA eyes pre-Xmas start, 72 games

Sources: NBA eyes pre-Xmas start, 72 games

The NBA is pursuing a pre-Christmas Day start and a reduced regular season schedule for the 2020-202...

Baseball

Turner ties Snider for Dodgers' postseason HR lead

Turner ties Snider for Dodgers' postseason HR lead

ARLINGTON, Texas -- Justin Turner hit his 11th career postseason homer, a solo shot in the first inn...

Kiermaier 'surprised ... upset' at Gold Glove snub

Kiermaier 'surprised ... upset' at Gold Glove snub

ARLINGTON, Texas -- Add Tampa Bay Rays outfielder Kevin Kiermaier to the list of players who don't l...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation

Sponsored Links

I DIG® Newspapers
www.idignewspapers.com
I Dig® Newspapers, stay up to date with the latest news from around the world.
I DIG® Casino
www.idigcasinos.com
I Dig® Casino, explore our online casino games, play a wide range of free slots and casino games at our online casino today.
I DIG® Radio
www.idigradio.com
I Dig® Radio HD is the only place in the internet where you can find free, super high bit rate internet radio stations from around the world. On I Dig® Radio HD you can find free radio stations streaming at 256kbps.

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated