Ricketts says debt won't stop Cubs

CASPER

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CHICAGO – Cubs chairman Tom Ricketts will have no problem spending on free agents, and said the jobs of general manager Jim Hendry and manager Mike Quade are safe.

Ricketts touched on a number of other subjects Wednesday, including Carlos Zambrano's recent comments in which he compared the Cubs to a Triple-A team and called them "embarrassing" while criticizing closer Carlos Marmol.

He also took issue with baseball analyst Peter Gammons calling Wrigley Field a dump during a recent Chicago radio interview, saying the old ballpark is "an economic engine in the city."

That engine could use some work, though, and the Cubs have been looking into improvements in and around the old ballpark for years.

The roster could probably use a facelift, too, and he insisted the organization has the money to make the necessary moves, even if the financial picture isn't looking great at the moment.

The Ricketts family purchased the club for $845 million from the Tribune Co. in 2009, and the Los Angeles Times reported about two weeks ago that the Cubs are one of nine teams in violation of Major League Baseball's debt service rules.
 
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