The Cubs and the city of Chicago have reached an agreement on Wrigley renovations. We knew from Dave Kaplan’s earlier report that the Cubs and the city were close to hammering out some minor details regarding parking and what not, but that the Cubs were eventually getting their way.
Now, the Sun Times has reported that a deal is going to be reached by Monday. Obviously this will eliminate one major distraction off the field, but it also means that the Ricketts will finally get what they want in generating additional revenue and modernizing Wrigley Field.
The Cubs and City Hall expect to nail down a $500 million deal by Monday’s home opener that will allow the team to renovate 99-year-old Wrigley Field and develop property around the stadium by putting up “at least two” new signs inside the ballpark — including a video scoreboard in left field — and building a 300-space parking garage.
:fap: :fap: :fap:
Okay, sorry about that. Here’s some more:
The source refused to reveal specifics, but said there would be no extension of the agreement signed by the Tribune Co. that requires the rooftops to share 17 percent of their revenues with the team.
City Hall sources said Mayor Rahm Emanuel also is prepared to lift the 30-game-per-season ceiling on the number of night games to “40 or more” night games and add even more dates for concerts. Six to ten 3:05 p.m. starts could also be part of the mix.
To appease Wrigleyville residents, sources said the Cubs are prepared to foot the bill for more police protection to control game-day crowds and build a new, 300-space parking garage on the gravel cemetery lot the team owns at Clark and Grace.
This is awesome. Let’s hope it’s true, but there isn’t much more we can say that they haven’t already reported. The Cubs are getting their way, the rooftops are getting sloppy seconds, the neighborhood will benefit, and the North Side Baseball Club will get the makeover they need and deserve.
An agreement by opening day that eluded his predecessor would allow Emanuel to score a huge victory and keep the Cubs in Chicago and preserve Wrigley Field for another generation of baseball fans.
It would also allow the mayor to claim at least partial credit for a $500 million project that, the Cubs have maintained, would generate 1,200 permanent jobs, 800 construction jobs and $20 million-a-year in new tax revenue for the city and state.
Wrigley Field: Win
Mayor Rahm: Win
Rooftops: Who the fuck cares, but they’re making some money so whatever.
Celebrate, Cubs fans. This may be over soon and the Cubs are likely to be the ones cutting down the nets.