January 13, 2004
Cubs accept rooftop cash
The Chicago Cubs have agreed to a settlement of their long-running lawsuit against owners of neighboring buildings who sell rooftop seats to watch Cubs games. Under the deal, building owners will give 17 percent of their gross revenue to the ballclub, while the Cubs will drop their lawsuit, and agree to compensate owners for obstructed views if they go ahead with plans to expand the Wrigley Field bleachers. "It's an amazing deal for the Cubs," one unnamed source told the Chicago Tribune. "They are just handed $2 million for doing nothing."
Posted by Neil deMause
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