Found October 26, 2011 on
The White Sox may need to pay higher rent at U.S. Cellular Field as the state agency that runs the ball-park re-examines the team's lease agreement.
The White Sox owner, Jerry Reinsdorf, pays $1.5 million in rent annually and keeps proceeds from ticket sales, parking, concession and growing merchandise operations, according to Crain's Chicago Business.
"If you compare [lease terms] to other sports stadiums around the country, the Sox pay the lowest rent of all the facilities," Emil Jones, chairman of the Illinois Sports Facility Authority told Crain's.
The plans to look at the contract have come up as Reinsdorf prepares to open a new team retail store across from the stadium and after the Bacardi at the Park restaurant opened a few months ago, Crain's said. Both are located on state-owned property and, according to the lease agreement, all profit on state-owned property goes to Reinsdorf.
The lease runs through 2029 and the new retail venues arrangement is ...
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(Note from Grey: Please welcome Scott to the Razzball family. He’s going to be taking over as our prospects writer. He charted prospects in the Midwest League in 2008, has a sound understanding of player development and said my mustache was robust. Flattery will get you everywhere!)
Chicago White Sox 2011 Minor League Review
Organizational Talent Rankings via Baseball America...
Some very sad news to report today.
Paul Leka, who wrote the infectious chorus of “Na Na Hey Hey (Kiss Him Goodbye)” performed by the band Steam has died. The catchy hook led to the song being adopted as the anthem for the Chicago White Sox in 1977, the famous “Southside Hitmen” team, a.k.a. the most celebrated third place team in baseball history. (It’s Chicago baseball...
White Sox mound prospect Terry Doyle is lighting up the Arizona Fall League and hopefully putting his name in contention for a 40-man roster spot and a Spring Training invite.
The Chicago White Sox used their first round pick, pick 13, in the 2010 draft to select Florida Gulf Coast left-handed starting pitcher Chris Sale. He paid immediate dividends as the first player from the draft class to reach the majors. He spent just 10.1 innings in the minors before the White Sox determined he was ready to face major league hitters. Drafted as a starting...
Most teams committing a franchise-record $127 million toward payroll, as was done by the White Sox in 2011, would follow up a subpar season with wholesale changes. The truth facing the White Sox, though, is that there really aren't many moves to be made.
Bacardi at the Park paid for with millions without a return.
With the White Sox losing more than they won last season, a new restaurant across the street from U.S. Cellular Field gave fans a place where they could drink away their sorrows.
White Sox owner Jerry Reinsdorf takes a moment out of his day to enjoy being wealthy.
Cardinals Exercise Wainwright’s 2012 and ’13 Options
During this postseason run, the Cardinals officially notified Adam Wainwright and his agent that his options for 2012 and 2013 have been exercised, Derrick Goold of the St. Louis Post-Dispatch reports. Wainwright will make...