Last week, a co-owner of one of the rooftops currently suing the Cubs regarding outfield signage was indicated on federal fraud charges, stemming from his alleged underreporting of rooftop revenues to the Cubs. The timing was certainly unfortunate for those rooftops – and almost certainly not a coincidence – and they’re doing their part to distance themselves from the accused.
That, of course, was the only way for the rooftop to proceed in the face of the news, whether Hamid is ultimately found guilty or not. With an ongoing court battle against the Cubs and their proposed outfield signage in right field, the last thing these rooftops need is to be connected to any additional bad publicity. It’s worth noting that the allegations extend from 2008 to 2011, and the current majority owner of Skybox on Sheffield, Edward McCarthy, has owned the business only since 2013.
How the indictment, and, more specifically, the alleged underreporting of revenues, could impact the signage court case is not yet entirely clear, but you can bet the court is pondering just that as it considers the rooftops’ request for an injunction against the signage. That request – to prohibit the Cubs from erecting the signage in right field until the lawsuit reaches a conclusion – is currently under consideration by the court after each side made arguments last week.
In the meantime, the Cubs are proceeding as planned with the bleacher and signage work at Wrigley Field, though the team did reveal yesterday that the right field video board is not planned to go up until the All-Star break in July.
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