Cubs chairman Tom Ricketts expressed confidence MLB and the players union will come to terms for a 2020 season despite his suggestion some teams might lose more money playing even a short season than by not playing at all.
"I'm pretty optimistic we'll get games back on the field," Ricketts told ESPN’s Jesse Rogers on Tuesday. "I have full faith and confidence in the commissioner. How we get there is yet to be written, but I'm pretty sure we'll get there."
Ricketts isn’t the only owner to suggest in recent weeks it makes more financial sense to not play this season. The players are seeking their full prorated salaries, which they agreed to take in March. The owners, however, have cited a clause in that agreement where they can reopen negotiations if games are played without fans. That is the expectation for most of the season (should the two sides come to terms) due to the coronavirus.
MLB’s position is that it will lose more money if they play games without fans and pay prorated salaries than if they don’t play at all. Thus, owners are saying they will not pay pro-rated salaries.— Jon Heyman (@JonHeyman) May 13, 2020
Ricketts said MLB owners aren’t looking at not playing, however, echoing comments he made on CNBC last week stating the Cubs “definitely” would rather play.
"There are scenarios where not playing at all can be a better financial option, but we're not looking at that," Ricketts told Rogers. "We want to play. We want to get back on the field. ... I'm not aware of any owners that don't want to play.
“We just want to get back on the field in a way that doesn't make this season financially worse for us."
The league sent the union its financial proposal for 2020 last Tuesday, and the players countered with a proposal on Sunday to play 114 games compared to the owners’ 82-game plan. The aforementioned March agreement allows the league to mandate a shorter season if it sees fit.
ESPN’s Jeff Passan reported Monday MLB could propose something along the lines of a 50-60 game season in which they’d pay players prorated salaries. That would still represent a pay cut for the players, however. In any case, a shortened season means significant revenue losses for the league.
"The scale of losses across the league is biblical," Ricketts said. "The timing of the work stoppage, the inability to play was right before the season started. We're looking at 30 teams with zero revenue. To cover the losses, all teams have gone out and borrowed. There's no other way to do it in the short run. In the long run, we may be able to sell equity to cover some of our losses but that's in the long run.”