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March 17, 2005
Wrigley expansion near?
Just to show that not all stadium deals involve sports team owners sticking it to the public: The Chicago Cubs, after much haggling with the city, appear to be getting close to an agreement to add 1,790 seats to the Wrigley Field bleachers, and build a new five-story commercial and parking structure next to the 91-year-old ballpark. The Tribune Company, which owns the Cubs, isn't asking for city funds or tax breaks, and would pay $3.1 million for the city-owned land needed for the expansion. Not too bad for a company with a mandate to destroy journalism to boost dividends.
TribuneCo wouldn't have received any money from the city. Y'see, the Tribune and Mayor Daley don't quite get along...
http://apse.dallasnews.com/news/2004/082404tribune.html
Posted by Dennis on March 18, 2005 01:24 PM