Why Sell Wrigley, You Ask?

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THT Daily: Fun and games
Published 2/5/2008 by Bryan Tsao at The Hardball Times
... . Think they're excited about him? All the projections so far have him posting an ERA under 3.00. What a time to be a New York sports fan. More stadium shenanigans - The Cubs Reporter explains how Cubs owner Sam Zell could benefit by selling Wrigley Field to the state for $1. ...

Published 2/5/2008 by Chuck at Ivy Chat
Some Lite Reader-ing Via our old friends at The Cub Reporter, a story from the Chicago Reader on the scam taht is the sale of Wrigley Field. A huge point that was not considered here was the issue of property taxes. Currently, the Tribune pays property tax on Wrigley Field. By selling the stadium and adjacent land to the state, over $1 million per year (increasing annually) could be saved in property taxes. Why is this a big deal? Well, when the school down the street has a budget shortfall and taxes are increased, why should ...