http://www.suntimes.com/9161027-417/state-...oza-passes.html

 

Buried in the story about the IL Sports Facilities Authority worker trading Sox skybox passes for a dozen three-day Lollapalooza passes is a nugget that the ILSFA has TWO Sox skyboxes (one right behind home plate and another larger one down the right field line that was only used like 14 times last year). The skyboxes are for Board and Staff use and all food and drink they consume is half off. UNBELIEVEABLE! No wonder they never ask Jerry to pay for anything or to provide a return back to the public on OUR investment! I AM SO MAD ABOUT THIS!

http://www.suntimes.com/9161027-417/state-...oza-passes.html

 

Buried in the story about the IL Sports Facilities Authority worker trading Sox skybox passes for a dozen three-day Lollapalooza passes is a nugget that the ILSFA has TWO Sox skyboxes (one right behind home plate and another larger one down the right field line that was only used like 14 times last year). The skyboxes are for Board and Staff use and all food and drink they consume is half off. UNBELIEVEABLE! No wonder they never ask Jerry to pay for anything or to provide a return back to the public on OUR investment! I AM SO MAD ABOUT THIS!

The hotel tax pays for the stadium. any money jerry gives is gravy.

 

The 2 boxes are OWNED by ISFA(seeing as ISFA owns the entire stadium). I dont see the issue.

I read somewhere (cannot find the link) that the ILSFA actually made a profit on this deal with the Sox, which is good for us taxpayers. I have no issue with the skybox thing. I mean, it's not like if it was available I would be able to afford it anyways.

Just to follow up these comments, the hotel tax fell short this year and the City is kicking in their own (our) tax dollars.

 

It begs the question why is tax revenue subsidizing a private business? If this tax didnt subsidize Jerry, then it might be available to go to schools, cops etc, actual public goods.

 

Also, someone said the ILSFA "paid" for their two skyboxes. Really? With what money? TAXES! This is a classic case of the people who are supposed to be "regulating" an industry getting in bed with them.

 

This deal stunk when Reinsdorf (and Thompson) extorted us and it STILL stinks!

Just to follow up these comments, the hotel tax fell short this year and the City is kicking in their own (our) tax dollars.

 

It begs the question why is tax revenue subsidizing a private business? If this tax didnt subsidize Jerry, then it might be available to go to schools, cops etc, actual public goods.

 

Also, someone said the ILSFA "paid" for their two skyboxes. Really? With what money? TAXES! This is a classic case of the people who are supposed to be "regulating" an industry getting in bed with them.

 

This deal stunk when Reinsdorf (and Thompson) extorted us and it STILL stinks!

 

This is a very, very common thing. It is to keep jobs in a particular area.

Just to follow up these comments, the hotel tax fell short this year and the City is kicking in their own (our) tax dollars.

 

It begs the question why is tax revenue subsidizing a private business? If this tax didnt subsidize Jerry, then it might be available to go to schools, cops etc, actual public goods.

 

Also, someone said the ILSFA "paid" for their two skyboxes. Really? With what money? TAXES! This is a classic case of the people who are supposed to be "regulating" an industry getting in bed with them.

 

This deal stunk when Reinsdorf (and Thompson) extorted us and it STILL stinks!

The shortfall is $188,000. And the clause that forced a payment in the event of a shortfall was set up by DALEY(not Thompson) as a result of the BEARS(not the sox )stadium deal.

 

 

This is a very, very common thing. It is to keep jobs in a particular area.

 

 

And spur development and hopefully tax base

And spur development and hopefully tax base

Which, in the case of the Sox and thier stadium, is more than true.

 

I honestly dont think the Bridgeport/Armour Square neighborhoods have thier revival if the stadium was not there.