(John Kuntz, cleveland.com)
CLEVELAND, Ohio - Cuyahoga County will not provide a large infusion of money for major renovations to Progressive Field and Quicken Loans Arena because officials said they will not sell bonds backed by the sin tax.
Instead the Cleveland Cavaliers and Cleveland Indians, along with the Cleveland Browns, will likely split about $7.5 million each year raised by Cuyahoga County taxes on alcohol and cigarettes.
The money won't go far, according to five-year wish lists recently submitted by the Cavs and Indians to the non-profit Gateway Economic Development Corp, which owns the arena and stadium and enforces the team leases on behalf of the county.