Found January 12, 2012 on The Biz of Baseball: Yardbarker Blogger Network
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This week, “Last Week in BizBall“ is divided into two editions. The first on the new CBA is here. And this is the second, the weekly tidbits. Tim Epstein practices sports law in Chicago. LWIB, the Sports Law Blog included a post from Tim on the politics of baseball stadia in the Windy City. Tim contrasts the political circumstances and outcomes experienced by owners of both Chicago teams. The way Tim depicts the situation, the White Sox have been treated very generously by state and city governments while the Cubs haven‘t (so far). Renos to US Cell, along with maintenance of the ballpark, are paid for with public money. When the state’s stadium authority came up short this year due to a shortfall in projected hotel tax revenue, Chicago taxpayers made up the difference. In addition, the stadium authority paid for the construction of a new restaurant “right outside” US Cell but the White Sox keep all the profit it generates. By comparison, Tim outlines the inability of Cubs owner T...
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