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

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

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.

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.

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 ...

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

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

Any team that has not been in existence for five years is exempt from the eligibility requirement, but should they seek public financing in the future they would need to “demonstrate competitive ...

Despite NFL teams-- and all American professional sports teams -- being owned almost exclusively by billionaires, most franchises still manage to find a way to secure public funding for their new ...