Back to the Chicago Cubs Newsfeed

Lightfoot offers $250K break to the Cubs after season without fans that cost the Ricketts family $100 million

Mayor Lori Lightfoot and Ald. Tom Tunney (44th) are throwing a bone to the billionaire family that owns the Cubs after a 60-game season without fans in the stands at Wrigley Field that cost the team more than $100 million.

At Tuesday’s City Council meeting, Lightfoot introduced an ordinance that would amend the 2014 agreement with the Cubs to delay the team’s annual $250,000 payment to the Cub Fund until 2024 “due, in part, to the COVID-19 pandemic.”

The Cub Fund was created in 2014 to bankroll neighborhood infrastructure improvements including street resurfacing and lighting projects normally funded by $1.