It's a fair question, because we, the public, own Comiskey Park/U.S. Cellular Field/Guaranteed Rate whatchamacallit.
We know that U.S. Cellular (do they still sell phone service in Chicago) deal was worth about $3.4 million annually, according to Crain's Chicago Business. Crains reports:
Financial details were not disclosed, but the White Sox won't be the only ones pulling in revenue from the deal—the state's stadium authority will get a boost as well.
While Guaranteed Rate will pay the Sox a sponsorship fee through 2026, the Illinois Sports Facilities Authority—the government agency that owns and operates the park—will receive up to $6.4 million from Guaranteed Rate over the final years of the deal, beginning in 2027.
It's all like Hillary Clinton's emails--we don't get to know what's all in this deal. Instead of "Rate" as the nickname for the billiard, maybe "rape" would be better.
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Filed under: Chicago