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Old Posted Dec 26, 2018, 9:52 PM
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ardecila ardecila is offline
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Join Date: Jun 2006
Location: the city o'wind
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^ After the Red Sox renovated Fenway with their own money and the Yankees built a new Yankee Stadium with private money (albeit with subsidized debt) it's hard for the Cubs to cry poverty. The club has the third highest valuation in MLB, even more than the Red Sox.

For other teams in smaller markets, the public financing of stadiums may indeed be a make-or-break thing.

Emanuel was shrewd with the Ricketts in denying them any significant taxpayer money, but he could afford to be shrewd because he knew the Ricketts could make it work.
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