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dll2000

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51 minutes ago, HuskieBear said:

after winning the world series, he started focusing on making money above anything else. he spent billions building up the area around the stadium, but then directed the FO to stop spending essentially. This past year he cried poor and said that the team's money losses have been of "bibilical proportions." again, slashed the roster, forcing the FO to trade their best pitcher for pennies, and leading to the team's other best players to not be signed to long term deals. the family trust bought the team in 2011 for ~$900M and it's worth ~$4B now, but again, no money for players. tickets are now also so stupid expensive that a ton of fans are priced out. i recently flew to cincinnati to see a game because it was cheaper. 

overall - bought the team, team won, used all that goodwill to make him money, and now is crying poor when it comes to paying the players, and is also alienating the fans 

I don't know if that is fair.

He won a WS when it hadn't been done in over a century.  Much of that time team was owned by a huge corporation - newspapers used to be huge business.   

He invested heavily in infrastructure around stadium (which costs a lot of money) and has likely been bilked at every step of way by Chicago political machine.

That is a lot of upfront money with no return yet.  Plus ongoing interest.  

Then when stuff starts to get close to done or done and he can start making some of that money back on his investments Covid hits.  

If things start paying off in future he may have a lot more money to spend relative to other teams. 

 

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1 hour ago, dll2000 said:

I don't know if that is fair.

He won a WS when it hadn't been done in over a century.  Much of that time team was owned by a huge corporation - newspapers used to be huge business.   

He invested heavily in infrastructure around stadium (which costs a lot of money) and has likely been bilked at every step of way by Chicago political machine.

That is a lot of upfront money with no return yet.  Plus ongoing interest.  

Then when stuff starts to get close to done or done and he can start making some of that money back on his investments Covid hits.  

If things start paying off in future he may have a lot more money to spend relative to other teams. 

 

The Ricketts family’s net worth has been pegged north of $5 billion, and if they’ve taken a bit of a hit due to the pandemic, well, get in ******* line. They’ve dropped hints through friendly reporters that they’re so strapped for cash, they can’t possibly afford to pay free agents, let alone bring back some scouts they laid off.

Well boo hoo hoo.  I seriously doubt the Cubs losses dented that $5 bil plus too hard.

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4 minutes ago, soulman said:

The Ricketts family’s net worth has been pegged north of $5 billion, and if they’ve taken a bit of a hit due to the pandemic, well, get in ******* line. They’ve dropped hints through friendly reporters that they’re so strapped for cash, they can’t possibly afford to pay free agents, let alone bring back some scouts they laid off.

Well boo hoo hoo.  I seriously doubt the Cubs losses dented that $5 bil plus too hard.

And they have probably lost millions on Cubs to date.

People aren't in business to lose money no matter how rich they are.

The good news is they have invested heavily in and around that stadium and if things bounce back they will be swimming in profits, profits they can put back into team.

Dan

 

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4 hours ago, dll2000 said:

And they have probably lost millions on Cubs to date.

People aren't in business to lose money no matter how rich they are.

The good news is they have invested heavily in and around that stadium and if things bounce back they will be swimming in profits, profits they can put back into team.

Dan

 

Yeah I know and I get all that but another reason why billionaires also invest in sports franchises and real estate development is the tax losses they generate.  Just ask TFG.

Since they aren't a public corporation we can't do more than speculate on whatever losses they may have incurred with the Cubs if any at all but I stand by my initial post.

Even if it was as much as $50 mil (which I seriously doubt) that would still be just 1% of their total net worth.  Welcome to the lives of the obscenely wealthy.

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11 hours ago, soulman said:

Yeah I know and I get all that but another reason why billionaires also invest in sports franchises and real estate development is the tax losses they generate.  Just ask TFG.

Since they aren't a public corporation we can't do more than speculate on whatever losses they may have incurred with the Cubs if any at all but I stand by my initial post.

Even if it was as much as $50 mil (which I seriously doubt) that would still be just 1% of their total net worth.  Welcome to the lives of the obscenely wealthy.

There have been enough articles written recently that i'm not the least bit moved from any financial cries from the rickets. a few months ago their emails were leaked and it was not a good sign for them. If the padres, with historically one of the lowest profits as a smaller market team, can sign machado/hosmer/tatis - there's no reason the cubs cant make something work with bryant/baez/rizzo

as far as the argument that they improved the area around wrigley and that costs money - the team should be priority #1. you shouldn't be able to spend a $100k on your landscaping then cry poor when your toilet doesn't flush

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18 hours ago, soulman said:

Bingo.  This is how greedy owners deals with a sports franchise.  I call it franchise carpetbagging.  I also have other reasons for my not liking the Ricketts family.

look at temper in carolina right now. richest owner in the league, valued at $14.5B, buys the team and talks about building a new stadium, he's gonna take care of it, blah blah blah. this week he comes out and subtlely says that if the taxpayers don't help he may or may not move the team

wash, rinse, repeat

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14 minutes ago, HuskieBear said:

look at temper in carolina right now. richest owner in the league, valued at $14.5B, buys the team and talks about building a new stadium, he's gonna take care of it, blah blah blah. this week he comes out and subtlely says that if the taxpayers don't help he may or may not move the team

wash, rinse, repeat

Carpetbagger one and all just like I said.

I'm no bloody socialist by a long shot but when I see a supposed billionaire like TFG paying just $750 in personal Federal income taxes two years running I know it's time to overhaul the tax code and insist the uber wealthy pay a fair share instead of buying off Senators like they do now.

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  • 1 month later...

So Friday morning I met with the client after our Thursday shift ended and had my Area and Division Managers with me (Area is there once a week, DM there monthly at most - both get there at about 2:30 am and leave after our daily meeting at 8am), and I found out they had agreed to a massive deal behind my back that I never had any input on.

They agreed to a number of metrics that I know for a fact we cannot meet (completely unrealistic ones that would take 6 months to get to IF the facility fixes some of their physical issues), timelines that make no sense for when we have to release the floors (cut our time down my 45 mins to an hour and fifteen mins depending on the area), and moved us all (me and my guys in plant) from 6 days a week to 7 for the entire month of August ( new special tasks on Saturdays). Talks went on and my Area Manager even said my promotion was going to be based on this more than anything - so apparently fixing the plant as well as my team and I did and scoring higher on all three audits meant next to nothing. Apparently my guys already hitting 6 days a week already meant nothing, but they will come in with their normal schedules. So I took off the hard hat, put my radio in it, and reminded him know as the next level of management above me, he was responsible for taking the plant over. Told him to enjoy being in the plant for over 30 straight days, then I walked out.

Got a call from my VP, the DM, the AM, and a Human Resource Manager all yesterday morning and afternoon. I've been offered a few other plants under other Area Managers, they'll pay for relocation, etc yadda yadda. Told them I liked where I live and wasn't uprooting my family for the company again, and wasn't interested in staying with the company.

Pay is great, but not worth being abused and forcing 80 other people to be slaves.

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16 hours ago, Sugashane said:

So Friday morning I met with the client after our Thursday shift ended and had my Area and Division Managers with me (Area is there once a week, DM there monthly at most - both get there at about 2:30 am and leave after our daily meeting at 8am), and I found out they had agreed to a massive deal behind my back that I never had any input on.

They agreed to a number of metrics that I know for a fact we cannot meet (completely unrealistic ones that would take 6 months to get to IF the facility fixes some of their physical issues), timelines that make no sense for when we have to release the floors (cut our time down my 45 mins to an hour and fifteen mins depending on the area), and moved us all (me and my guys in plant) from 6 days a week to 7 for the entire month of August ( new special tasks on Saturdays). Talks went on and my Area Manager even said my promotion was going to be based on this more than anything - so apparently fixing the plant as well as my team and I did and scoring higher on all three audits meant next to nothing. Apparently my guys already hitting 6 days a week already meant nothing, but they will come in with their normal schedules. So I took off the hard hat, put my radio in it, and reminded him know as the next level of management above me, he was responsible for taking the plant over. Told him to enjoy being in the plant for over 30 straight days, then I walked out.

Got a call from my VP, the DM, the AM, and a Human Resource Manager all yesterday morning and afternoon. I've been offered a few other plants under other Area Managers, they'll pay for relocation, etc yadda yadda. Told them I liked where I live and wasn't uprooting my family for the company again, and wasn't interested in staying with the company.

Pay is great, but not worth being abused and forcing 80 other people to be slaves.

It sounds like you've given this your all (and then +) so sorry to hear you're not getting it back from the company.  You seem like a good guy and hardworking, I'm sure you'll get to a better place where the effort is appreciated instead of taken for granted. Hang in there and good luck on what comes next man. 

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On 7/24/2021 at 4:49 PM, Sugashane said:

So Friday morning I met with the client after our Thursday shift ended and had my Area and Division Managers with me (Area is there once a week, DM there monthly at most - both get there at about 2:30 am and leave after our daily meeting at 8am), and I found out they had agreed to a massive deal behind my back that I never had any input on.

They agreed to a number of metrics that I know for a fact we cannot meet (completely unrealistic ones that would take 6 months to get to IF the facility fixes some of their physical issues), timelines that make no sense for when we have to release the floors (cut our time down my 45 mins to an hour and fifteen mins depending on the area), and moved us all (me and my guys in plant) from 6 days a week to 7 for the entire month of August ( new special tasks on Saturdays). Talks went on and my Area Manager even said my promotion was going to be based on this more than anything - so apparently fixing the plant as well as my team and I did and scoring higher on all three audits meant next to nothing. Apparently my guys already hitting 6 days a week already meant nothing, but they will come in with their normal schedules. So I took off the hard hat, put my radio in it, and reminded him know as the next level of management above me, he was responsible for taking the plant over. Told him to enjoy being in the plant for over 30 straight days, then I walked out.

Got a call from my VP, the DM, the AM, and a Human Resource Manager all yesterday morning and afternoon. I've been offered a few other plants under other Area Managers, they'll pay for relocation, etc yadda yadda. Told them I liked where I live and wasn't uprooting my family for the company again, and wasn't interested in staying with the company.

Pay is great, but not worth being abused and forcing 80 other people to be slaves.

didn't you just move for this job, or was that someone else on this forum?

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1 hour ago, HuskieBear said:

didn't you just move for this job, or was that someone else on this forum?

Yep,  that was me. Went from IL to Louisiana for 5-6 months and then took on this plant over. 

Plant is falling to pieces under my old boss. After I quit we've had 3 other members of management walk out or put in their 2 weeks, a few others may too. Considering that's 4 of the 13 members of management that run the facility it's looking BAD. The SM said he may take a demotion to Assistant Site Manager to move out of that facility. 

 

 

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On 7/24/2021 at 5:49 PM, Sugashane said:

So Friday morning I met with the client after our Thursday shift ended and had my Area and Division Managers with me (Area is there once a week, DM there monthly at most - both get there at about 2:30 am and leave after our daily meeting at 8am), and I found out they had agreed to a massive deal behind my back that I never had any input on.

They agreed to a number of metrics that I know for a fact we cannot meet (completely unrealistic ones that would take 6 months to get to IF the facility fixes some of their physical issues), timelines that make no sense for when we have to release the floors (cut our time down my 45 mins to an hour and fifteen mins depending on the area), and moved us all (me and my guys in plant) from 6 days a week to 7 for the entire month of August ( new special tasks on Saturdays). Talks went on and my Area Manager even said my promotion was going to be based on this more than anything - so apparently fixing the plant as well as my team and I did and scoring higher on all three audits meant next to nothing. Apparently my guys already hitting 6 days a week already meant nothing, but they will come in with their normal schedules. So I took off the hard hat, put my radio in it, and reminded him know as the next level of management above me, he was responsible for taking the plant over. Told him to enjoy being in the plant for over 30 straight days, then I walked out.

Got a call from my VP, the DM, the AM, and a Human Resource Manager all yesterday morning and afternoon. I've been offered a few other plants under other Area Managers, they'll pay for relocation, etc yadda yadda. Told them I liked where I live and wasn't uprooting my family for the company again, and wasn't interested in staying with the company.

Pay is great, but not worth being abused and forcing 80 other people to be slaves.

Wow.

I think a big problem is that is a lot of people with a lot of titles making decisions without knowledge.  

An Area Manager, Division manager and VP, DM, AM and HRM all on this, plus you?  

I worked for a title company once in Chicago and I had 4 bosses sitting within 20 feet of me.  It was exactly like that movie Office Space where there is a different boss checking up on him 4x a day to see if he filed proper report in proper format.  

It was probably worst job I ever had and during a summer in college I worked for an Industrial Cleaning company. I was doing incredibly hot and dangerous jobs of various types, using incredibly hot and dangerous equipment for almost no pay deep inside factories with air turned off wearing a Tyvek and big rubber boots and gloves.

After 4 hours on job I could literally pour my rubber boot out like a glass of water filled up with my sweat.   And I was 6-2, 180 lbs with near 6 pack abs at time.

And that was still better than having 4 bosses directly supervising me.

That being said, maybe you should count to 10 and rethink whether this can be worked out with discussion. 

If it truly is impossible to meet these goals they will realize it with some thought.

 

 

 

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