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See photos of the 10 most expensive NFL stadiums: At the moment, lawmakers have proposed using taxpayer money to build new NFL stadiums in at least three cities: St. Louis, Missouri; San Diego ...
A stadium subsidy is a type of government subsidy given to professional sports franchises to help finance the construction or renovation of a sports venue. Stadium subsidies can come in the form of tax-free municipal bonds, cash payments, long-term tax exemptions, infrastructure improvements, and operating cost subsidies. Funding for stadium ...
Gov. JB Pritzker is not certain whether a new partially taxpayer-funded new stadium for the Chicago Bears should be a priority for the state, seen here on the the House floor in the Illinois State ...
(The Center Square) – Even with the city facing a budget deficit of nearly $1 billion, Chicago Mayor Brandon Johnson says he still favors a new lakefront stadium for the Bears. Johnson said he ...
The Illinois Sports Facilities Authority still owes $589 million through 2032 on public bonds issued for a renovation of the Bears’ current stadium two decades ago.
In the United States, the jock tax is the colloquially named income tax levied against visitors to a city or state who earn money in that jurisdiction. Since a state cannot afford to track the many individuals who do business on an itinerant basis, the ones targeted are usually high profile and very wealthy, namely professional athletes.
According to Jeremy Pelzer of Cleveland.com, the Browns plan on asking for taxpayers to provide half the funding for a $2.4 billion domed stadium in Brook Park, or for a $1 billion upgrade to ...
Rate Field (formerly Comiskey Park II, U.S. Cellular Field and Guaranteed Rate Field) is a baseball stadium located on the South Side of Chicago, Illinois.It is the home ballpark of Major League Baseball’s Chicago White Sox, one of the city's two MLB teams, and is owned by the state of Illinois through the Illinois Sports Facilities Authority.