Deerfield, would require professional sports teams to achieve a .500 record or above in at least three out of five regular seasons in order to qualify for funding.

Sports teams seeking funding for new stadiums in Illinois would have to win to get paid under terms of a newly proposed bill.

Even if some heirs want to cash out, experts say it's unlikely to impact the borrowing capacity the McCaskey family needs to ...

"We're in a prime location for economic development, and this bill takes a major step toward bringing professional sports to ...

Hoosier lawmakers are optimistic the Chicago Bears might be willing to take a long shot downfield as the pro football team continues scrambling to find a new stadium.

Two Chicago-area sports teams, the Chicago Bears and the Chicago White Sox, are hoping to build new stadiums. The Bears are looking to construct a new $4.7 billion stadium just south of their current ...

Investing in municipal bonds to fund sports stadiums provides a safe, high-grade investment opportunity for funders, according to Nuveen, a global asset manager.

CHICAGO (CBS) --An Illinois state lawmaker has proposed legislation that would tie any public financing for professional sports stadiums to a team's performance, as both the Chicago Bears and ...