"The Cubs are no where close to losing money. 3 million in paid attendance, tv deals, marketing, new patio for more ad revenue, Toyota sign, Under Armor deal, Kraft, merchandising, radio. Even after a string of terrible, dismal seasons, the Cubs still rank as one of the most profitable MLB organizations."
In fact none of us have anything more an opinion about how profitable they might or might not be.
There are some facts you left out.
1. The annual debt payments on their $845 million purchase are substantial.
2. The Tribune CO locked them into a very bad WGN TV deal.
3. Renovations like the patio section cost real money and they hope to profit in the future, but right now it cost a lot of money.
4. Neither the total expenses or total revenues of running the entire operation... MLB, minors, scouting and development are public record.