[JACK AYLMER]
AN ILLINOIS STATE LAWMAKER’S PROPOSAL MAY NOT RECEIVE MUCH FANFARE FROM PROFESSIONAL SPORTS TEAM OWNERS, ESPECIALLY IN CHICAGO.
DEMOCRATIC STATE REPRESENTATIVE BOB MORGAN INTRODUCED A NEW BILL THURSDAY THAT TIES TAXPAYER FINANCING FOR PROFESSIONAL SPORTS STADIUMS TO A TEAM’S PERFORMANCE.
THE PROPOSAL MANDATES ANY TEAM WANTING PUBLIC DOLLARS TOWARD RENOVATIONS TO AN EXISTING SPORTS COMPLEX OR WANTING TO BUILD A NEW ONE WOULD NEED TO HAVE WINNING SEASONS IN THREE OF THE PAST FIVE YEARS.
IT COMES AS BOTH THE CHICAGO BEARS AND CHICAGO WHITE SOX ARE PUSHING FOR PUBLIC FUNDING FOR A NEW STADIUM AND BALLPARK.
MORGAN SAYS THE AIM IS TO MAKE SURE TAXPAYER MONEY IS SPENT RESPONSIBLY.
SAYING, IN A STATEMENT, QUOTE: “NO ONE WANTS TO SEE TAXPAYER DOLLARS WASTED BY BILLIONAIRE TEAM OWNERS THAT ARE NOT INVESTING IN THEIR TEAMS’ COMPETITIVENESS.”
WHITE SOX STADIUM: $1.1 BILLION IN TAXPAYER FUNDS
THE BEARS ARE CURRENTLY SEEKING TWO-POINT-FOUR-BILLION DOLLARS IN TAXPAYER MONEY TOWARD A NEW DOMED STADIUM.
WHILE THE WHITE SOX ARE LOOKING TO CONSTRUCT A NEW BALLPARK WITH ONE-POINT-ONE-BILLION DOLLARS IN PUBLIC FINANCING.
THE BEAR’S STADIUM IS EXPECTED TO COST FOUR-POINT-SEVEN BILLION DOLLARS TO BUILD WHILE THE WHITE SOX BALLPARK COMPLEX, WHICH INCLUDES A HOTEL, APARTMENTS AND OTHER AMMENITIES, IS ESTIMATED TO COST FOUR BILLION DOLLARS.
BOTH TEAMS HAVE STRUGGLED OVER THE LAST SEVERAL YEARS.
THE BEARS LAST WINNING SEASON WAS IN 2018 AND LAST YEAR THE WHITE SOX HAD THE DUBIOUS HONOR OF SETTING MAJOR LEAGUE BASEBALL’S ALL-TIME RECORD FOR LOSSES IN A SEASON WITH 121.
UNDER MORGAN’S PROPOSAL NEITHER FRANCHISE WOULD QUALIFY FOR TAXPAYER FINANCING BUT THE BILL STILL NEEDS TO BE REVIEWED BEFORE IT CAN MOVE FORWARD.
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FOR STRAIGHT ARROW NEWS– I’M JACK AYLMER.