"White Sox Owner Jerry Reinsdorf Seeks $1 Billion Public Funding for South Loop Ballpark"
White Sox owner Jerry Reinsdorf is seeking $1 billion in public funding for a new ballpark in the South Loop neighborhood known as The 78. He was expected to meet with Illinois House Speaker Emanuel “Chris” Welch to discuss the ambitious proposal, which includes a ball park-anchored megadevelopment. Reinsdorf may seek funding through refinancing existing bonds and a taxing district around the stadium. The Chicago Bears are also expected to seek legislative support for a potential new stadium.