Her primary role as a co-owner and board member of the Cubs is handling government and community relations and the team’s philanthropic work, which last year totaled about $1.3 million in grants.

“We really want to grow that,” she said. “I’d like to see it double.”

For Laura, one of the more refreshing parts of her foray into the sports world has been that nobody seems to care that she’s a lesbian.

She feels accepted by people in the Cubs organization — from executives in the boardroom to ushers in the stands — just as she does with her family.

Link

The bottom line with Laura:

A. She is tough.

B. She is smart.

C. She is decisive.

D. She does not care what others think.

E. She is direct and upfront.

F. She pulls no punches.

IMO, the wrong sibling runs the day to day operations.

Laura might be the Rocky-in-hiding for the Cubs.

Too bad we are saddled with Cap’n. Until that changes… long live the Cub$.

Note the URL was apparently blacklisted.

There is a separation between features/ and ct-mag that needs to be closed to open URL.

This link works.

Why does that happen?

I get a blacklist memo.

Big Star - 17 October 2010 08:46 AM

Why does that happen?

I get a blacklist memo.

Expression Engine has a series of terms that it won’t allow, and Pat added Paris Hilton. You can avoid them by using http://tinyurl.com.

With over 3 million fans attending Cubs games you would think the Ricketts family could come up with more than $1.3 million in grants considering each fan spends $10 at a game.

Niteowl049 - 18 October 2010 05:38 AM

With over 3 million fans attending Cubs games you would think the Ricketts family could come up with more than $1.3 million in grants considering each fan spends $10 at a game.

Actually, the average is closer to $100 a game.

BigBadBill - 18 October 2010 05:50 AM

Niteowl049 - 18 October 2010 05:38 AM

With over 3 million fans attending Cubs games you would think the Ricketts family could come up with more than $1.3 million in grants considering each fan spends $10 at a game.

Actually, the average is closer to $100 a game.

Not sure what the total would be at $100 a game since my calculator doesn’t have enough space for that big of a number. That $1.3 million is looking smaller all the time. 30,000 people at $100 each is $3 million so they make twice the $1.3 million in one game.

If you do it this way, it starts to make sense. The Cubs average a little over 37,000 attendees per home game. An average ticket price is $45.00, so they automatically see $1,665,000.00 per game in guaranteed income. Then they get a percentage of every sale that happens in the park including beer, pop and food. So, conservatively, you can say they gross $2,000,000.00 per game. That works out to $162,000,000.00 per season. Out of that comes salaries and costs of running the facility. None of that includes monies made from TV, extra ticket costs they get from scalping their own tickets or any other sources of revenue.

Cap’n needs every nickel of those profits to pay back his creditors.

BigBadBill - 18 October 2010 06:38 AM

If you do it this way, it starts to make sense. The Cubs average a little over 37,000 attendees per home game. An average ticket price is $45.00, so they automatically see $1,665,000.00 per game in guaranteed income. Then they get a percentage of every sale that happens in the park including beer, pop and food. So, conservatively, you can say they gross $2,000,000.00 per game. That works out to $162,000,000.00 per season. Out of that comes salaries and costs of running the facility. None of that includes monies made from TV, extra ticket costs they get from scalping their own tickets or any other sources of revenue.

That pense to pay all the vendors, ushers, groundskeepers, executives, concession workers in concession stands and those workers selling to the crowds in the stands watching the game. Would be interesting to know the net profit after a typical game.