This is all from the ISFA website and shows a BAD Deal for the State. I just did the basic Math, and I know other line items exist but this is major stuff.

2005 Fees paid from Sox to ISFA $1.87M (World Series year)
2006 Fees paid from Sox to ISFA $3.5 M

while a number of other line items exist on the Expenditure side the one that stands out is

MAINTENANCE
2005 $4M and 2006 $8 M. Which the ISFA pays?

This is a TERRIBLE DEAL FOR THE STATE.

Other things about this deal is the "NUMBER OF OTHER EVENTS' that they talk about as a means of revenue got them $73,000 in 2006 and $216,000 in 2005?

Note the $10M capital expenditure in 2005? what was that for?

And the BIG ONE, look at how much Hotel Tax Revenue goes to support this effort annually $30 Million!!!!!!!!!!!!!! $30 Million a year from Hotel Tax GONE!!!!! Then on top of that, the City kicks in $5 M a year and the State kicks in another $5 million a year flat.

Anyone need any LUBE for this deal????


http://hallpcsupport.com/isfa/AR_2006.pdf

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

You're the master at exposing the Reinsdorf bullshit, bigfan, but here's something I liked from an interview with him:


Oh, Chicago. $30MM of hotel taxes, huh? Imagine how much real people's real lives could be improved with that money.

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I know everyone (Especially Frank) thinks I hate Jerry R and thats just not true.

The guy is a fucking genius. The ability to manipulate a deal is amazing. The guy has been nothing but good to me and responsible for Bulls stories that are just amazing.

With all of that, it just does not make it right that the Illinois Politicians bow upon his demands. He controls alot of money, not just personal money but between his children, investors, friends etc. he can finance a number of political careers and has.

Jerry did what was best for his investment. I believe he did not get into Baseball to make money, but he was not looking to stay in it either if he kept losing.

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

I think he's a genius too, but I don't like him.

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McCaskey, Wirtz, Trib Co., Zell, all finance politicians too.

Bigfan,
I don't think you hate Jerry Reinsdorf. I just think that you underestimate that sports teams in every major city screw over the taxpayers.

Look what is happening with the Seattle SuperSonics.
Look at the $500-$600 million that the state of Indiana is on the hook for to build Lucas Oil.

Jerry Reinsdorf does screw over the taxpayers, but so does just about any sports franchise that can.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

Not the Storm or the Sky!

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you can't blame the guy for being a brilliant negotiator. It's totally the fault of the politicians who fall to the wizardry of Mr. Reinsdorf. The "people" have been getting whored out now for a couple of decades this doesn't surprse me at all.

Hmm.. Money for super rich baseball team or crumbling, underperforming school system...

Take me out to the ball game!

well if they have to pay for every ticket sold after 1.2 million than maybe thats why jerry dosent spend money on free agents.