The Cubs are asking the Illinois legislature for $200 million in Wrigley upgrades

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Attention Tea Partying Cubs fans:

Cubs chairman Tom Ricketts is asking the state of Illinois to help finance more than $200 million in renovations at Wrigley Field.

In a letter to season ticket holders and Wrigleyville residents, Ricketts said the Illinois General Assembly will be considering a bill to preserve Wrigley Field. The plan will allow a portion of future city and county amusement taxes, paid entirely by Cubs fans, to be invested directly in the preservation of the ballpark. A bill is being drawn up that will be considered in the veto session that begins next week .

Ricketts’ letter said “it will not increase taxes paid by Cubs fans or anyone else and will not create any new taxes.”

I guess technically speaking it won’t increase or create taxes. But those amusement taxes that will be used are already being used to fund some other projects, and moving them to fix up Wrigley Field will necessarily drain those other projects of revenue. Projects that, as far as I can tell, aren’t currently designed to enhance the Cubs’ income streams the way a renovated Wrigley would.

Ricketts’ model for the Wrigley renovations — which are needed, I fully admit — are the Fenway Park renovations that have gone down over the past four or five years.  Query: were those funded by public monies, or did Fenway Sports Group pay for that?  I believe the latter.  I’m going to double check that, but if anyone knows off the top of their head, please let me know and I’ll update.

Report: Padres have made offers to both Manny Machado and Bryce Harper

Manny Machado
Kevork Djansezian/Getty Images
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Jon Heyman has been hot on the free agent trail today, reporting that the Padres have made offers both Manny Machado and Bryce Harper. The offer to Machado is believed to be for eight years and about $250 million, while the offer to Harper is believed to be for more than that.

Heyman was reporting on Harper earlier, tweeting that the Phillies are the favorite to sign him. He added this evening that Harper has multiple long-term offers at more than $30 million annually. Regarding Machado, Heyman noted that while Machado was believed to have had a preference for the East coast, he will go for the best deal now, which puts the Padres firmly in the picture.

The Padres reportedly met with Machado last week. A late entrant into the sweepstakes, the club has shown the willingness to spend, signing Eric Hosmer to an eight-year, $144 million contract last year. If he goes to San Diego, Machado would be the full-time third baseman with Luis Urias handling shortstop.

Nothing appears close, but we’ll take anything resembling a spark to light the hot stove.