No Economic Home Run For Chicago, After Cubs Collapse

Noon Business Hour
October 03, 2018 - 4:25 pm

Jim Young-USA TODAY Sports

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CHICAGO (WBBM NEWSRADIO) -- The Cubs season is over following Tuesday’s extra-innings loss to Colorado in the National League Wildcard Game.

Matt Matigian, CEO of Blue World Asset Managers in Chicago, talks about how the defeat will impact businesses.

The obvious hits will come to the hospitality and restaurant industry, but other entrepreneurs, such as parking-lot owners and people who would have listed accommodations on Airbnb, Matigian.

Milwaukee, where the Brewers have home field advantage in the NLDS, won’t see as much of an economic boon now that it’s established they’re playing the Rockies, he said. He doesn’t envision as much cross-travel between those two fan bases.