When the New York Yankees arrived in Chicago, the sports media was buzzing about their arrival.
Many were calling for the team to play in their home park, the Wrigley Field.
The Yankees’ owner, Ted Lerner, had bought the team in 1993, when the city had no baseball team.
But since then, baseball has become a global phenomenon, and Lerner’s vision has been to bring the sport to the Midwest.
But the city’s baseball fans have been skeptical of the team’s plans.
The Cubs were not expected to be a household name until they played in Wrigleys Field in 2021.
But for a team that has struggled to find success, the Cubs were an unexpected hit.
The team’s popularity and presence on social media helped push the Cubs to the top of the sportswriters list of most popular sports teams in the U.S. The Cubs now rank as the highest-selling sports team in the country, ahead of the NFL, the NBA, and MLB’s minor leagues.
But they have struggled to sell tickets to fans.
Last year, the team went into a $8.5 million buyout, a decision that angered fans and drew criticism from the media.
But this year, with the Cubs poised to break a club record for payroll and revenue, Lerner is hoping to get back to the drawing board and try again with the team.
The Chicago Tribune reported that Lerner had received $12 million from an outside group for his Cubs stadium project, including $1.5 billion in public funding.
The Tribune reported Lerner had been in talks with the owners of the Chicago Cubs for more than a year, but that negotiations had not advanced beyond the initial stages.
The Tribune said the group, the Red Wings Capital Fund, is seeking to buy a 20-acre parcel in the city where the Womens Hockey team plays its home games. “
In an effort to lure the Cubs, a group of wealthy Chicago businessmen is pitching a new proposal that could bring an NHL team to the city.”
The Tribune said the group, the Red Wings Capital Fund, is seeking to buy a 20-acre parcel in the city where the Womens Hockey team plays its home games.
The property, at the northwest corner of North and Washington, would be a large piece of land on the Chicago River, with a park in the vicinity, the Tribune reported.
The group is proposing to build a $20 million, privately financed arena that would seat nearly 8,000 people, according to the report.
The Tribune reported the proposal would not include any public funding and would cost more than $20 billion, but the report did not specify how much of that would come from taxpayers.
The Red Wings, which have struggled financially in recent years, would also likely be competing with the city of Chicago, which is currently on the hook for $1 billion in debt.