Press Detail

Chicago Wins Lowest Cost Since ’09 Making Cubs Pay: Muni Credit

Posted on April 24, 2013

Bloomberg

This article discusses the $500 million Wrigley Field renovation proposal which will be financed by the Cubs franchise without the use of municipal bonds. The Civic Federation said Mayor Emanuel’s decision to withhold public money shows he’s focusing on the strains of the City’s pension costs and recognizes the City can’t afford to commit funds to sports teams.