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February 8, 2010 


 Attempted Sale of Wrigley Field to State of Illinois Looking Like Lost Cause 3/18/2008
Chicago Cubs CHICAGO – The Illinois Sports Facilities Authority is expected to submit its proposal for the purchase of Wrigley Field, but according to Chicago Tribune sources on Tuesday, the deal is close to dying. The state agency, which is chaired by former Illinois Gov. James Thompson, currently owns and operates U.S. Cellular Field.

The government authority has some high-powered opposition for the Wrigley deal.

Mayor Richard Daley in Chicago doesn’t want to see his newly approved 10.25 percent sales tax hike supplement the ballpark. Reeling from budget problems, lawmakers in the state also don’t want to see the purchase as a favorable use of monetary funding to a private government entity.

Click below for other March 18, 2008 news:
Chicago’s Bid For 2016 Olympics Garners New Regional Support
Delta, Northwest Deal Still Struggling; Delta Cuts 2,000 Jobs, Offers Severance

By STEPHANIE HULS
Staff Writer
steph@midwestbusiness.com




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