Photos Of Planned Wrigley Renovation Revealed
CHICAGO (CBS) -- As the Cubs unveiled their plans for what they call the "restoration" of Wrigley Field, the mayor shrugged off threats from the team's owner, who said he will move the team out of Chicago if he doesn't get the deal done with the city.
"The fact is if we don't have the ability to generate revenue in our own outfield, then we'll have to take a look at moving. No question. " Ricketts said at a breakfast gathering on Wednesday.
When asked if that was a threat, Ricketts said: "No, there are no threats."
"We are very confident in the legality of our signage plan. We are not making a threat to move. The fact is we want to win in Wrigley Field."
Mayor Rahm Emanuel said he's not taking Ricketts' suggestion of a possible move seriously.
"No, I'm not, because as you go through what they said, what Tom said and the others, they said that they also know from their own business sense how important Wrigley Field is to their business, and how important Chicago is to their business," the mayor said.
Read More: Ricketts Threatens To Move
As he released the proposal, Cubs president Crane Kenney said it's not a renovation and not an effort to make Wrigley new.
"It's actually trying to make Wrigley old," he told the Chicago Tribune.
With that in mind, the Cubs want to recreate green terra-cotta canopies and wrought-iron fencing that were part of Wrigley back in the 1930s.
But there would be plenty that would be new too - most controversially, a 6,000-thousand-square-foot Jumbotron in left field, three times the size of the current scoreboard.
The plans also call for a 1,000 thousand square foot sign in right field and another 35,000 thousand square feet of advertising space on a proposed hotel and open air plaza outside the ballpark.
Chairman Tom Ricketts says he needs those and more to pay for the $300 million project.
Kenney says he has no idea how the signs would affect the view from the rooftop clubs around Wrigley.
