The city of Chicago and the Ricketts family, who owns the Chicago Cubs, are close to an agreement on a $500 million overhaul of Wrigley Field, according to two sources.
The deal has not been finalized.
According to people with knowledge of the situation, the agreement is expected to include $300 million in renovations at Wrigley, more night games, a parking lot and a $200 million hotel.
The team is expected to assume all costs for the renovations.
Via Associated Press