Who owns Wrigley Field?

Wrigley Field is an iconic ballpark located in Chicago, IL, owned by the Ricketts Family. It is home to the Chicago Cubs, and has served as the team’s home since 1916. It is widely regarded as one of America’s most beloved ballparks and is a popular destination for tourists and baseball fans alike.

The Ricketts Family is led by Joe Ricketts, the patriarch of the family. Joe acquired the team from the Tribune Company in 2009. Since then, the family has invested over $600 million into Wrigley Field, and its surrounding area, in order to maintain and improve the stadium’s iconic status, while keeping it true to its timeless roots. The family has also made significant improvements to the ballpark, including the addition of a massive, state-of-the-art video board, and the installation of a new LED lighting system.

The Ricketts Family is committed to the preservation and maintenance of Wrigley Field, and has made it their mission to ensure its legacy remains intact. As such, they have maintained the ballpark’s original character, while making the necessary upgrades to make it more fan-friendly. This includes the installation of new seating, suites, and facilities, as well as improvements to the overall fan experience.

The Ricketts Family has also been a leader in the development of the surrounding Wrigleyville area, and has helped to create a vibrant, family-friendly neighborhood. The family owns the Chicago Cubs, Wrigley Field, and its surrounding area, and is committed to keeping the area vibrant and prosperous.

Wrigley Field is one of the most beloved and iconic ballparks in America, and its ownership by the Ricketts Family ensures its legacy will remain intact for years to come. The Ricketts Family is committed to preserving the past, while making the necessary improvements to ensure Wrigley Field remains an iconic destination for generations of baseball fans.

Discovering Who Really Owns Wrigley Field

Wrigley Field is one of the most iconic stadiums in the United States. It has been home to the Chicago Cubs since 1916, and the stadium has hosted numerous championships, World Series games, and other major sporting events. But who really owns Wrigley Field? The answer is complicated, but the short answer is that the Chicago Cubs own the stadium, along with the surrounding area.

The history of the ownership of Wrigley Field is complex. The original construction of the stadium was financed in part by the Chicago Whales, a former professional baseball team that played in the Federal League. The Whales were soon purchased by the Chicago Cubs, who then took over the stadium and have been the official owners of the stadium since then. In the late 1990s, the Ricketts family, led by Joe Ricketts, purchased the Cubs from the Tribune Company, and they have owned the team since then.

In addition to the Cubs, the Ricketts family also owns the surrounding area, including the Wrigley Field Plaza, the Triangle Building, the Cubs Store, the Wrigley Rooftops, and other nearby properties. The Ricketts family has invested heavily in the area, and they have renovated the stadium, built a hotel, and developed the Wrigley Field Plaza. The Ricketts family also owns the Chicago Cubs Charities, which provides assistance to local non-profit organizations.

The Ricketts family also owns a number of other businesses, including the TD Ameritrade brokerage firm, and the family has an estimated net worth of more than $2.6 billion. Joe Ricketts is the sole owner of the Chicago Cubs and the surrounding properties, and he is the sole trustee of the Ricketts Family Trust, which owns the assets of the Ricketts family.

So, who owns Wrigley Field? The answer is the Ricketts family, led by Joe Ricketts. The Ricketts family has invested heavily in the surrounding area, and they own the stadium, the surrounding properties, and the Ricketts Family Trust.

Unveiling the Truth Behind Wrigley Field’s Ownership

Do you know who owns Wrigley Field? It’s been a hotly debated topic for years, but the answer isn’t as straightforward as you might think. The truth behind Wrigley Field’s ownership is complex, and involves multiple parties. This post will provide a comprehensive overview of the current owners of Wrigley Field.

The primary owner of Wrigley Field is the Chicago Cubs, who have been playing their home games at the iconic stadium since 1916. The Cubs are owned by a family-owned company called Tribune Company, who also own the Chicago Tribune, WGN, and WMAQ-TV. The Tribune Company also has a 25% stake in the nearby Wrigleyville Rooftops, a series of buildings with rooftop seating that overlooks the ballpark.

In 2009, the Ricketts family purchased a 95% stake in the Cubs from Tribune Company. The remaining 5% stake is currently owned by the Tribune Company, making them the second largest shareholder in the Cubs. The Ricketts family, which also owns TD Ameritrade, is now the primary owner of Wrigley Field. The family also owns the nearby hotel, the Cubs Store, and the Ricketts-owned American Airlines Center.

In addition to the ownership of the Cubs, there are several other entities that own a stake in Wrigley Field. The city of Chicago owns a portion of the stadium, while the state of Illinois owns the remaining portion. The Chicago Landmark Commission also owns a stake in the stadium, as does the Chicago Park District, which owns the land underneath Wrigley Field. Finally, the Chicago Baseball Museum also owns a small stake in the stadium.

In conclusion, the current ownership of Wrigley Field is a complex mix of entities, with the majority stake held by the Ricketts family. The other stakeholders include the City of Chicago, the State of Illinois, the Chicago Landmark Commission, the Chicago Park District, and the Chicago Baseball Museum. While the ownership structure of Wrigley Field may be complicated, the iconic stadium will continue to be a beloved part of the Windy City for many years to come.