Cubs Owners Will Fund $300M Wrigley Reno For Zoning Deal

Law360, New York (January 22, 2013, 4:23 PM EST) -- The family that owns the Chicago Cubs is putting big money on the negotiating table and will pay for a recently proposed $300 million Wrigley Field renovation plan with private funds if the city relaxes certain zoning laws, the team confirmed Tuesday.

In exchange for relaxing restrictions on night games, concerts, signage and street closings, the Ricketts family is willing to pay for an overhaul of the aging stadium, which was unveiled on Saturday at its annual fan club convention, according to team statements and blog...
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