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Earlier this week Emanuel said Epstein's arrival has not changed his mind about taxpayer-funded renovations for the historic Wrigley Field. Emanuel has said Cubs Chairman Tom Ricketts plan to set aside future gains in city and county ticket taxes to pay for improvements to the 97-year-old stadium was a "non-starter."

 

"I am not changing my perspective from the taxpayers just because people are excited. I will still evaluate anything I do as it relates to Wrigley Field based on the interests of the taxpayers. That's who I'm negotiating for," Emanuel said

 

http://www.chicagotribune.com/sports/baseball/cubs/chi-emanuel-calls-cubs-epstein-down-to-city-hall-for-a-chat-20111104,0,203194.story

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Posted
Meanwhile, the taxpayers pay for US Cellular Field in it's entirety and a brand new restaurant outside the ballpark. Not one penny came from Reinsdorf and the sox because he's buddies with the jackass mayor.
Posted
IMHO, it's not really necessary for Tim Epstein to talk to Rob Emmanuel. I would just let Ted Ricketts deal with it. Or Chris Kenney.

 

I dont even think John Hendry ever talked to Rob.

Posted
IMHO, it's not really necessary for Tim Epstein to talk to Rob Emmanuel. I would just let Ted Ricketts deal with it. Or Chris Kenney.

 

I dont even think John Hendry ever talked to Rob.

 

I've heard Rob Emmanuel, Tim Epstein, Ted Ricketts, Carl Kenney, and Jeb Hoyer are all good pals. Seems like a deal should be a slam dunk.

Posted
Earlier this week Emanuel said Epstein's arrival has not changed his mind about taxpayer-funded renovations for the historic Wrigley Field. Emanuel has said Cubs Chairman Tom Ricketts plan to set aside future gains in city and county ticket taxes to pay for improvements to the 97-year-old stadium was a "non-starter."

 

"I am not changing my perspective from the taxpayers just because people are excited. I will still evaluate anything I do as it relates to Wrigley Field based on the interests of the taxpayers. That's who I'm negotiating for," Emanuel said

 

It must be reiterated, any "future gains" that the taxes would bring in would be as a direct result of improvements to the stadium--they are already maxed out in attendance and have the first, or second, highest ticket prices. The city/county refuse to invest but want the Cubs to invest so the city/county can reap even MORE rewards (Cub fans pay higher taxes than any other privately owned stadium AND the team has, by far, the most onerous restrictions placed on it of any sports team in the U.S.). TR and the rest of the family need to get serious about the NW suburbs where a stadium would be paid for 100% by a new city/county. That will get the city's cooperation.

Posted
IMHO, it's not really necessary for Tim Epstein to talk to Rob Emmanuel. I would just let Ted Ricketts deal with it. Or Chris Kenney.

 

I dont even think John Hendry ever talked to Rob.

 

I've heard Rob Emmanuel, Tim Epstein, Ted Ricketts, Carl Kenney, and Jeb Hoyer are all good pals. Seems like a deal should be a slam dunk.

 

Bring on Alvin Pujols!

Posted
Earlier this week Emanuel said Epstein's arrival has not changed his mind about taxpayer-funded renovations for the historic Wrigley Field. Emanuel has said Cubs Chairman Tom Ricketts plan to set aside future gains in city and county ticket taxes to pay for improvements to the 97-year-old stadium was a "non-starter."

 

"I am not changing my perspective from the taxpayers just because people are excited. I will still evaluate anything I do as it relates to Wrigley Field based on the interests of the taxpayers. That's who I'm negotiating for," Emanuel said

 

It must be reiterated, any "future gains" that the taxes would bring in would be as a direct result of improvements to the stadium--they are already maxed out in attendance and have the first, or second, highest ticket prices. The city/county refuse to invest but want the Cubs to invest so the city/county can reap even MORE rewards (Cub fans pay higher taxes than any other privately owned stadium AND the team has, by far, the most onerous restrictions placed on it of any sports team in the U.S.). TR and the rest of the family need to get serious about the NW suburbs where a stadium would be paid for 100% by a new city/county. That will get the city's cooperation.

It worked to get Mesa to budge on investing in a stadium. This would be a bigger stakes gamble, though. He'd have to play it really well for the bluff not to get called.

Posted
Earlier this week Emanuel said Epstein's arrival has not changed his mind about taxpayer-funded renovations for the historic Wrigley Field. Emanuel has said Cubs Chairman Tom Ricketts plan to set aside future gains in city and county ticket taxes to pay for improvements to the 97-year-old stadium was a "non-starter."

 

"I am not changing my perspective from the taxpayers just because people are excited. I will still evaluate anything I do as it relates to Wrigley Field based on the interests of the taxpayers. That's who I'm negotiating for," Emanuel said

 

It must be reiterated, any "future gains" that the taxes would bring in would be as a direct result of improvements to the stadium--they are already maxed out in attendance and have the first, or second, highest ticket prices. The city/county refuse to invest but want the Cubs to invest so the city/county can reap even MORE rewards (Cub fans pay higher taxes than any other privately owned stadium AND the team has, by far, the most onerous restrictions placed on it of any sports team in the U.S.). TR and the rest of the family need to get serious about the NW suburbs where a stadium would be paid for 100% by a new city/county. That will get the city's cooperation.

 

This. This is what needs to go down, and I think it eventually will. Politicians understand pressure. The threat of the Cubs moving the team will be what it takes to get a deal done. No politician wants to be associated with running the Cubs out of Chicago or out of Wrigley. Ricketts needs to play hardball with the city. I think we are seeing that he is more than willing to do what is necessary to accomplish what is best for the team and fans.

 

The city of Chicago has no leverage here. Ricketts and the revenue generated by the Cubs for the city do.

Posted
Earlier this week Emanuel said Epstein's arrival has not changed his mind about taxpayer-funded renovations for the historic Wrigley Field. Emanuel has said Cubs Chairman Tom Ricketts plan to set aside future gains in city and county ticket taxes to pay for improvements to the 97-year-old stadium was a "non-starter."

 

"I am not changing my perspective from the taxpayers just because people are excited. I will still evaluate anything I do as it relates to Wrigley Field based on the interests of the taxpayers. That's who I'm negotiating for," Emanuel said

 

It must be reiterated, any "future gains" that the taxes would bring in would be as a direct result of improvements to the stadium--they are already maxed out in attendance and have the first, or second, highest ticket prices. The city/county refuse to invest but want the Cubs to invest so the city/county can reap even MORE rewards (Cub fans pay higher taxes than any other privately owned stadium AND the team has, by far, the most onerous restrictions placed on it of any sports team in the U.S.). TR and the rest of the family need to get serious about the NW suburbs where a stadium would be paid for 100% by a new city/county. That will get the city's cooperation.

It worked to get Mesa to budge on investing in a stadium. This would be a bigger stakes gamble, though. He'd have to play it really well for the bluff not to get called.

 

A few more years of blocks falling from the superstructure of Wrigley, and I'm not so sure it would be a bluff.

Posted
i love the cubs as much as anyone, but i really don't think i can find it within myself to root for a city government with a major financial crisis to give a billionaire money to make his profitable business even more profitable.
Posted
i love the cubs as much as anyone, but i really don't think i can find it within myself to root for a city government with a major financial crisis to give a billionaire money to make his profitable business even more profitable.

 

I don't live in that city, so I hope they bankrupt the city directly funding Cubs' payroll.

Posted
i love the cubs as much as anyone, but i really don't think i can find it within myself to root for a city government with a major financial crisis to give a billionaire money to make his profitable business even more profitable.

 

If they're not idiots about it the city will get paid back tenfold over time if they help with the initial investment. It's a win-win.

Posted
i love the cubs as much as anyone, but i really don't think i can find it within myself to root for a city government with a major financial crisis to give a billionaire money to make his profitable business even more profitable.

 

If they're not idiots about it the city will get paid back tenfold over time if they help with the initial investment. It's a win-win.

 

Bingo.

Posted
i love the cubs as much as anyone, but i really don't think i can find it within myself to root for a city government with a major financial crisis to give a billionaire money to make his profitable business even more profitable.

 

If they're not idiots about it the city will get paid back tenfold over time if they help with the initial investment. It's a win-win.

 

If it's that much of a profit-maker, then the city knows the Cubs will eventually do it anyway, and then they can reap the benefits without sharing in the costs.

Posted
i love the cubs as much as anyone, but i really don't think i can find it within myself to root for a city government with a major financial crisis to give a billionaire money to make his profitable business even more profitable.

It's a good investment for the city though. Any money given to the Cubs/Wrigley would be paid back in full with interest on the initial investment, they'd make money, and the Cubs/Wrigley/TR and family are a pretty safe/financially sound group to be giving a loan to and not have to worry about them defaulting on it. Not only will the city see a return on their investment from the renovation (or whatever you want to call it) but with updating Wrigley you will likely see private investors update buildings/businesses in the area that will in turn increase revenues for the city (sales tax/property tax increases/etc.). Now I know the city is in financial/cash flow trouble but if they are able allocate the funds to a Wrigley renovation project they should, because they will make money on it. That's my take on it at least.

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