As part of the now-completed restoration and renovation of Wrigley Field, the Cubs had agreed to put money into a City of Chicago fund (called the “CubFund Project”) that was to pay for infrastructure improvements around the ballpark, including street lighting and paving.
John Byrne of the Tribune reports that the city has proposed permitting the Cubs to defer the final installment of that payment until 2024:
The payments are part of a 2013 deal when the team’s owners, the Ricketts family, was asking for City Council approval to undertake massive renovations around Wrigley Field.