"Governor Pritzker Reluctant to Fund New White Sox Stadium with Taxpayer Money"
TL;DR
Chicago White Sox owner Jerry Reinsdorf is seeking $1.7 billion in public investment for a new stadium, but Illinois Gov. J.B. Pritzker is hesitant, citing the lack of a convincing long-term return for taxpayers. Academic studies show that public funding for private sports facilities is not a wise use of money, and the proposed stadium subsidy would be the largest in U.S. history. The potential ballpark site is near downtown Chicago, and while the city mayor is open to discussions, convincing the governor remains a challenge.
Topics:sportssports-business#economic-impact#illinois#public-money#sports-business#stadium-funding#white-sox
- Illinois governor 'reluctant' to fund new White Sox stadium with public money as ownership requests $1.7B CBS Sports
- Pritzker ‘really reluctant' to commit state money to White Sox South Loop ballpark NBC Chicago
- Pritzker Says He's 'Reluctant' to Use Taxpayer Money to Help Build a New White Sox Stadium WTTW News
- Gov. Pritzker 'reluctant' to ask taxpayers to subsidize new White Sox stadium in South Loop Chicago Sun-Times
- Chicago Fire 'keeping an eye on' Bears, Sox stadium talks Crain's Chicago Business
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