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Chicago Sun-Times

National

Maddie Lee

Cubs chairman Tom Ricketts sheds light on team spending, sportsbook, streaming

Tom Ricketts Cubs Luxury CBT DraftKings

Cubs chairman Tom Ricketts signs autographs and spends time with fans Monday at Cubs Spring Training in Mesa, AZ.

MESA, Ariz. — Chairman Tom Ricketts has said he expects the Cubs’ payroll will be right around the competitive balance tax (CBT).

But what if the Cubs get off to a hot start and look like a potential playoff contender? Will president of baseball operations Jed Hoyer be beholden to staying below the luxury tax?

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