Dear Mr. CoF
Thank you for your tremendous support of the Chicago Cubs as we embark on a new era under the Ricketts family ownership. As I have done in the past, this letter will cover a number of topics, including our 2010 ticket pricing, the process for renewing your season tickets and a seat relocation option made available for the first time ever.
New Ownership
On October 27, 2009, the Ricketts family became the eighth owners in the 133-year history of the Chicago Cubs. They are the first family owners in 30 years and have taken control of the organization with a clear mission: win a World Championship for the most deserving fans in sports. Already, the benefits of new ownership can be seen in the form of capital commitments to Wrigley Field (described later), hiring top management talent such as Rudy Jaramillo, increasing resources for player development and new programs to improve your experience at the Friendly Confines.
Tom Ricketts and his family grew up as Cubs fans and they know what it means to be dedicated to the team and our beloved ballpark. Importantly, they are putting their resources to work to improve both. The family has committed all profits from the team will be reinvested in the ballclub, our player development system and Wrigley Field for the foreseeable future. As a result, your support of Cubs baseball will directly impact the quality of the ballclub and the condition of Wrigley Field more than ever.
Team Performance
Coming off of our 97 win performance in 2008, we expected 2009 to be an even better year. On Opening Day, we fielded a team with eight All Stars from the previous year, the 2008 Rookie of the Year and the 2008 Manager of the Year. Like you and almost every member of the media, we expected to win the National League Central division for a third consecutive year and play for a World Championship in October. We did not reach our goals however and finished with a disappointing record of 83-78. Not long ago, there might have been some comfort in playing above .500 and finishing in second place. Those days are over.
Success will only be defined by winning a championship and we are committed to finishing the job. There were bright spots in 2009. The pitching staff put together a solid year, led by our starters who produced 94 quality starts—the second highest total in the NL. The bullpen ranked second in the NL in opponents’ batting average and fifth in save percentage. Rookie Randy Wells paced the team with 12 wins and a 3.05 ERA. Offensively, Derrek Lee had a tremendous year, finishing with 35 home runs, 36 doubles and 111 RBI. The work has begun to improve the ballclub for 2010 and we expect to return to the playoffs next year.
Since Lou Piniella took over in 2007, our overall record of 265-219 ranks second in the National League (only Philadelphia has been better). Our home record of 145-97 is best among all NL teams during that three year span.
Wrigley Field Improvements
With the support of the Ricketts family, we are investing substantially this off season to improve Wrigley Field. Our concession operations are being reviewed and you will see new product choices and new points of sale in 2010. A new club will open on the left –field side of the mezzanine suite level and the Captain
Morgan’s Club will be reconfigured to provide more sheltered seating and additional outdoor space. Much-needed expansion plans are underway for both our men’s and women’s washrooms and many of those that are not being expanded will be remodeled. Our historic scoreboard, long in need of restoration, is being refaced to improve its appearance. We are also replacing and adding televisions to improve viewing throughout the ballpark.
As important as our immediate projects, we are moving forward with a number of long range projects that will substantially improve the Wrigley experience, including the construction of a multi-purpose facility west of the ballpark and a more generous renovation of suites.
Season Ticket Location Upgrades
One of the requests we hear most often from our season ticket holders is for improvement of your seating location. For 2010, we are creating 700 new season ticket locations which will first be offered to season ticket holders to consider for relocation purposes. These seats include club boxes formerly held by Tribune Company and seats that were unallocated following our various seating expansions. The relocation process is detailed in the enclosed fact sheet so please review this information before calling your season ticket representative. Unfortunately, we will not be allowing for an increase in the number of your season tickets, as the 120,000 people on the season ticket waiting list will be provided access to your
vacated seats after the relocation program concludes.
Season Ticket Pricing
For 2010, prices are essentially unchanged for 50% of our tickets. This follows holding ticket prices unchanged for 33% of our inventory in 2008. For 2010, we did raise ticket prices in our most desired locations however and because those locations are reserved for our season ticket holders, it is likely you will see an increase. We understand price increases are unpopular and we will continue pursuing other revenues to finance our
operations, including appropriate marketing sponsorships, new media offerings, Wrigley Field tours, other sporting events and concerts. We are also supportive of your use of Stub Hub to underwrite your season ticket purchases and know up to 25% of our ticket inventory traded via Stub Hub for certain games last year, at prices that were a multiple of face value.
As the amusement taxes you pay have increased over time, including again for 2010, we have broken out the amusement tax portion of your season ticket invoice so you know where your resources are going.
Season Ticket Holder Amenities
We hope you have taken advantage of the season ticket holder Web site (
www.cubs.com/sth), which was constructed last year at the suggestion of season ticket holders attending one of our Tell it To the Cubs luncheons. Our meetings with you at those luncheons have been invaluable to our efforts to improve your experience at Wrigley Field. They will continue in 2010 and we hope you will consider attending. Last year, season ticket holders used the Web site to access tickets for the NHL Winter Classic, Cubs
spring training games, concerts and our exhibition games in new Yankee Stadium. We will continue providing you with early access to all of our special events in 2010.
Renewal Process
We hope you will continue your support of Cubs baseball by renewing your season tickets for 2010. To do so, please return the enclosed renewal form to us by mail or fax on or before December 18, 2009, or send us an e-mail at
cubsseasontickets@cubs.com stating you intend to renew. A deposit is not required at this time but payment in full is due by January 8, 2010.
To retain your seats, it is imperative we hear from you by December 18, 2009. Please also provide your updated email address at your convenience at
cubsseasontickets@cubs.com. Your email address is the most efficient way to communicate with you regarding Cubs news and in-season updates, including changes in game times. Once again, thank you for supporting the Chicago Cubs. We are committed to earning your loyalty in
everything we do. Please do not hesitate to contact your Ticket Office representative if you have any
questions.
Sincerely,
Crane Kenney
Chairman