Chairman Tom Ricketts: Cubs ‘will compete for the division this year’

As fans began to pour into the Sheraton Grand Chicago lobby Friday afternoon, for the first day of Cubs Convention, chairman Tom Ricketts didn’t have to think long about what he’d tell those wondering when their team’s next championship window would open.

“We feel like our team will compete for the division this year,” he told the Sun-Times, seated at a coffee table in a suite across the street.

Later that day, offseason additions including shortstop Dansby Swanson, right-handed pitcher Jameson Taillon and center fielder Cody Bellinger would take the stage during the convention’s opening ceremonies – greeted by a standing ovation, flashing lights and blaring music. By the end of the weekend, news would break that free agent first baseman Trey Mancini had agreed to terms with the Cubs.

“We had a couple of years where we had to be careful to think about the longer term prospects of the team, rather than the shorter term,” Ricketts said. “But I think we’re coming out of that now.”

Even with expanded playoffs, the Cubs’ best chance at making the postseason will be winning the division. Last season, the Brewers (86-76) came in second in the NL Central and still missed the postseason, as the Phillies (87-75) claimed the last NL wild card spot.

New Cubs catcher Tucker Barnhart said outright what several of his teammates had cautiously alluded to: “We all feel like the [NL] Central is a winnable division.”

As a former longtime Red, Barnhart is as qualified to make that analysis as anyone.

“The Cardinals are going to be good, the Brewers are going to be good,” Barnhart said.”It’s obvious where the Reds and the Pirates are.”

Last season, the Cubs were right there at the bottom with the Reds and Pirates. But they’ve done more this offseason than any other team in the division to improve run prevention.

They’re also in the largest market by far, giving them a resource advantage over the other NL Central members. Ricketts has shied away from blowing past the luxury tax, citing escalating penalties for going over the competitive balance tax in consecutive years – something big-spending large-market owners like the Mets’ Steve Cohen have paid little mind to.

“When you’re going to go over, like we did a few years ago, you just have to be strategic,” Ricketts said in his family’s convention panel Saturday. “We know that we’ll have the financial resources to put a really competitive team on the field. There will be years where it makes sense to maybe stretch those resources and go a little deeper into CBT and pay those penalties. We’ll just have to take advice from Jed on how he wants to manage that.”

Mancini’s deal – reportedly two years and worth $14 million, pending a physical – brings the Cubs’ 2023 luxury tax payroll to about $11.6 million under the CBT threshold ($233 million), according to RosterResource.

“You want to get to [the trade] deadline and be adding players, you want to be making the moves,” said second baseman Nico Hoerner, a core homegrown player who has watched the Cubs do the opposite during the first two years of this rebuild. “You want to be putting pressure in the division, leading the division, going from there. And obviously this team has had a ton of changes, and I’m sure there’s all sorts of different projections going on. But that’s really up to us at this point.”

NOTE: The international signing period opened on Sunday with a flurry of prospect signings around MLB. The Cubs have a $5.284 million bonus pool to work with.

As of Sunday, the Cubs had agreed to terms with three shortstops in the Top 20 of MLB Pipeline’s international prospect list: No. 6-ranked Derniche Valdez ($2.8 million bonus) out of the Dominican Republic, No. 14 Ludwig Espinoza ($1 million) out of Venezuela, and No. 19 Angel Cepeda ($1 million) out of the Dominican Republic.

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