Tag Archives: Contract

Financially Smart Move For The Cubs?

The Chicago Cubs have always been a big market team.  They also however have been reluctant to spend their money on new signings.  For the first time in a long time, the Cubs dropped some money on signing Jon Lester to a 6-year, $155M contract and the cheers from Wrigleyville could be heard across the world.  While Jon Lester is one of the best pitchers in baseball today, does the signing make much sense financially for the Cubs?  Just ask the Yankees how their big money, long term contracts are panning out. Continue reading Financially Smart Move For The Cubs?