The dispute between the Chicago Cubs and the rooftop owners around Wrigley Field grew louder on Wednesday.
Last summer, the Cubs announced the $500 million plan to renovate Wrigley Field. The Cubs received the authorization for the project last summer from the Chicago city council. Despite the authorization, Cubs chairman Tom Ricketts has refused to break ground on the project until the rooftop owner promised that they would not sue in order to block a pair of outfield signs.
Since then, the Cubs and rooftop owners have been negotiating towards an agreement. As recently as last week, there was belief that the two sides were inching closer to a deal. Even at this past weekend’s Cubs convention, there was genuine optimism that the rooftop owners would not delay the progress of this project any more than they already have.
That presumed progress was halted this week.
The Chicago Sun Times reports that after a “stormy” negotiating session on Tuesday between the Cubs and rooftop owners and after the rooftop owners filed defamation lawsuit against a stadium financing consultant, Marc Ganis, the Cubs are planning to put up the see-through advertising sign in right field. A sign that stands at 650-square feet. A sign that is also one of the main reasons for the dispute between the Cubs and rooftop owners.
If the Cubs do go forward and put up the sign that they already have city approval for, the team may be anticipating a legal response from the rooftop owners. A response that would likely see the rooftop owners sue the Cubs.
The Cubs did issue a statement through spokesman Julian Green on Wednesday. A statement that seems to indicate that a court battle may be forthcoming.
“We have worked hard to reach a resolution with our rooftop partners which would have helped preserve their views, including reducing the number, size and location of signs. Unfortunately, they opted yesterday to reject the proposal and file this lawsuit,” Green said.
“Since our approvals last year, we have been anxious to get the Wrigley Field renovation started. Yesterday’s action will certainly force additional delays to our project.”-Chicago Sun Times
While I did take a business law class in high school, I’m not going to pretend to be an attorney. The bottom-line is that this week’s actions by the rooftop owners certainly is not good news. If anything, the lawsuit filed by the rooftop owners this week against Ganis confirm what was true all along. The truth being that the rooftop owners are stubborn; conceited; and any other adjective that describes a fraud. Because after all, that is what they are. The rooftop owners are trying to make money off of someone else’s profit. A fraudulent act that will be exposed if the group so dares to take the Cubs to court.
The dispute may be growing louder and more disruptive but the Cubs are prepared to deliver the knock out punch. Though, the team may have to wait until the 12th round to deliver it.
Tags: Chicago Cubs