By Steve Rhodes
“Tribune Co. Chairman Sam Zell has rejected former Gov. James Thompson’s secret plan to acquire and renovate Wrigley Field for at least $400 million without raising taxes and now plans to package the Cubs and their landmark stadium in a private transaction,” the Sun-Times reports.
Thank God that’s over.
“[S]ources said Zell has rejected the state’s proposed terms because it relies on a novel and untested financing plan: the sale of individual seats at Wrigley as if they were condominiums.”
Which would make Cubs fans feel right at home.
Posted on May 13, 2008