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Tom Ricketts gives Jed Hoyer a ‘green light’ to spend

News item:

Multiple MLB sources just told me Tom Ricketts and the Ricketts family have told team president Jed Hoyer that he has a green light to spend what he needs to spend to turn the team around. That lines up w/@GDubCub reporting that the #Cubs met offsite with Carlos Correa today.

— David Kaplan (@thekapman) December 6, 2022

That’s a pretty significant thing in recent Cubs history, I’d say. Obviously we don’t know what kind of budget the Ricketts have set for Jed Hoyer & Co.