This morning, speaking at a news conference regarding the recently-unveiled plans for Wrigley Field, Cubs owner Tom Ricketts made a threat:
Ricketts says Cubs will have to consider moving if stadium plans are blocked. #nochancepapi
— Patrick Mooney (@CSNMooney) May 1, 2013
It doesn’t seem like a credible threat. While Rosemont, IL has made an offer of free land (how serious that offer is is quite unclear) it’s not like there are any suspects around Chicago who would be willing to foot the bill for a new stadium. And while Ricketts himself is willing to spend hundreds of millions on the Wrigley renovations, I highly doubt he’s willing to spend the 3-5 times as much it would take to build a new ballpark himself.
The only real impediment to the Cubs doing what they want to do with Wrigley are the rooftop owners who may try to sue if their view is blocked and their contract rights violated (they are in a business deal with the Cubs to split the rooftop revenue). Those folks, like most folks, likely have a price. And that price is way, way less than what it would take to the move the Cubbies out of Wrigley, both in terms of dollars and the terrible P.R. hit.