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Chairman: Cubs can spend in offseason

Updated: June 16, 2011, 1:00 AM ET
By Sahadev Sharma | ESPNChicago.com

CHICAGO -- Chicago Cubs chairman Tom Ricketts said Wednesday the team will have money to spend this coming offseason. How the team's resources will be allocated will be up to general manager Jim Hendry.

"We do have a lot of money coming off the books, obviously everyone is aware of that," Ricketts said. "Whether or not that goes back into a large free agent contract will be Jim's decision. What he'll do is weigh the plusses and minuses of what's out there and do what makes sense ...

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