7am News, Sports and Obits

Latest WGIL news
Click to play or
Right click and "Save Target As" to download
Click for Galesburg, Illinois Forecast
Home - Cancellations - Community Events - Contact Us - Mornings - News - Obituaries - Pictures - Programs - Special Events Audio - Sports - Weather
Cubs Owner Wants State Aid for Wrigley Field
CHICAGO (AP) -- The owners of the Chicago Cubs want the help of the state of Illinois in their plans to renovate Wrigley Field.

The Ricketts family, which bought the Cubs in 2009 for $845 million, wants Illinois to float up to $300 million in bonds to finance renovations at the 96-year-old ball park. The bonds would be paid off with the amusement tax already paid by fans attending games at Wrigley Field.

Cubs Chairman Tom Ricketts says the plan is not about adding seats, but instead "saving the stadium and making the fan experience better."

Under the plan, renovation would begin after the 2011 season and continue three to five seasons without requiring the Cubs to find a temporary home.

Gov. Pat Quinn said Thursday he has no knowledge of the plan, which the Illinois General Assembly must approve.

(Copyright 2010 by The Associated Press. All Rights Reserved.)
11 12 10 by Newsroom
News management powered by Xpression News

Click here for the WGIL News Archive

Click here for national news

The following provision applies to all visitors (which shall include persons and representatives of legal entities, whether such representatives are persons or digital engines of a kind that crawls, indexes, scrapes, copies, stores or transmits digital content). By accessing this Web site or digital service, you specifically acknowledge and agree that: (i) Associated Press text, photo, graphic, audio and/or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium; (ii) No Associated Press materials nor any portion thereof may be stored in a computer except for personal and non-commercial use; (iii) The Associated Press will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing; (iv) The Associated Press is an intended third party beneficiary of these terms and conditions and it may exercise all rights and remedies available to it; and (v) The Associated Press reserves the right to audit possible unauthorized commercial use of AP materials or any portion thereof at any time.