After failing to win support for taxpayer-funded improvements to Wrigley Field, home to baseball's Chicago Cubs, franchise owners have agreed to bankroll $300 million in improvements to the landmark structure in exchange for concessions involving signage and additional night games.
Should the city agree to those terms, Cubs Chairman Tom Ricketts say's he'll sweeten the deal by constructing a hotel on an adjacent parcel in Wrigleyville, the north side home of the Cubs. Ricketts indicated that management has reached an agreement with Starwood Hotels and Resorts Worldwide, whose brands include Westin and Sheraton.