Wednesday, October 26, 2016

Win or Lose, the Chicago Cubs are a Money Machine

The Cubs have finally made it back to the World Series after a 71 year drought, but they have long been among baseball's most profitable teams. According to stats from Forbes, the Cubs were the fourth most profitable baseball franchise last season with the team making $50.8 million.

One of the keys to the business success is Wrigley Field, a 101-year old stadium known as the Friendly Confines. The Cubs have not drawn fewer than 32,000 fans per game, on average, in any season since 1997. Only three other clubs can say the same; the Yankees, the Dodgers and the Cardinals. With all the fans, the Cubs are also the only baseball team with a long waiting list to buy season tickets.

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