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southsider2k5

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Posts posted by southsider2k5

  1. 46 minutes ago, 77 Hitmen said:

    But, they're not proposing to raise the hotel tax.  The funding would come from the existing 2% hotel tax, not an increase in the tax.

     

    This.  The other part seems to be existing TIF money and a capture of sales taxes from the area going to the debt service instead of the state.  In theory based on what is public, no NEW taxes would be required, just continuations of ones that already exist.

  2. 6 minutes ago, fathom said:

    Based on what the attendance will be this year, I expect another offseason of cost-cutting measures 

    There it is.  We are already down 100 million dollars on paper for '20-22.  '23 comes out soon, and will the fall in attendance I see no reason to think that won't be another 8 figure loss.  I am sure the real losses aren't as bad, but this team has seen its revenue dive hard the last few seasons.

    • Like 1
  3. 8 hours ago, tray said:

    Contrary to the title of the posting, the Sox are not and have not been looking to relocate to the South loop. The plan and promotion of that concept was generated by a developer who owns land and have (unsuccessfully) sought numerous ways and means to develop it for a few decades. The 78 thing is the latest pipe dream of Related development for many reasons including those mentioned by SSHM above. 

    IMO, the Bears and the Sox would likely consider moving if and only if they were to relocate on land they own and have control over, including to some extent, development of surrounding land and revenue generated from it. The only way I see the Sox entering into another lease (if that is the way they choose to go) would be with the cooperation of the ISFA, the Governor, Mayor and respective legislatures on all matters. In the political climate we are now in, that seems unlikely. No public funding, especially for unnecessary projects.

    Yes. The man who made his fortune first in real estate isn't looking to capitalize on the last great and empty piece of real estate in the downtown area to capture a piece the the latest and greatest trend in baseball revenue of the ballpark village in an effort to maximize cash flow and cram as much value into the franchise before he dies so as to top off his legacy buried in real estate and cash...

    Nah that doesn't sound like Jerry at all.  It's not like he just stood up and tried to sell this exact program to the people and state government. Nope, the Sox aren't involved at all.

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  4. 1 hour ago, Quin said:

    Pedro says something dumb pre-game

     

    2 hours ago, fathom said:

    People turn against the announcer 

     

    3 hours ago, Chicago White Sox said:

    Bold predictions:

    • Crochet pitchers three innings of scoreless ball
    • Five relievers are used to complete the game
    • Shaw is one of those relievers and gives up three runs
    • Hill also gives up a run, but the other three are perfect
    • Offense only scores one run on a Robert solo shot
    • A base-running gaffe kills our best shot at a rally
    • The defense makes a handful of nice plays
    • Pedro says something really stupid during the post game

    Boy you guys are some wild risk takers!

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