News

Hey Hey! Chicago, whaddya say? Will $500 million buy you a few Chicago Cubs playoff games?

Bill Bergman  |  October 8, 2015

By Bill Bergman, includes “…At $270 a pop, $500 million dollars could buy about almost 2 million playoff tickets. But how much does Chicago owe?  By our reckoning, after considering assets available to pay bills, the city has over $24.5 billion in unfunded debt, when including pension and health care benefits promised to retiring employees. How many $270 seats will $24.5 billion buy you?  About 90 million tickets, enough to fill up Wrigley Field for about 2,200 playoff games…”

Read the full article on: Reboot Illinois

 
 
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