"Governor Pritzker Reluctant to Fund New White Sox Stadium with Taxpayer Money"

1 min read
Source: CBS Sports
"Governor Pritzker Reluctant to Fund New White Sox Stadium with Taxpayer Money"
Photo: CBS Sports
TL;DR Summary

Chicago White Sox owner Jerry Reinsdorf is seeking $1.7 billion in public investment for a new stadium, but Illinois Gov. J.B. Pritzker is hesitant, citing the lack of a convincing long-term return for taxpayers. Academic studies show that public funding for private sports facilities is not a wise use of money, and the proposed stadium subsidy would be the largest in U.S. history. The potential ballpark site is near downtown Chicago, and while the city mayor is open to discussions, convincing the governor remains a challenge.

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