Under a plea agreement, he is expected to be sentenced to 10 to 16 months in prison, but the final decision is up to the judge.
Sports Events Culture in Chicago
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Sports Events Culture in Chicago
Putting a sports team in the spotlight has been a hallmark of Chicago’s recent renaissance. The sports juggernaut has won multiple championships and been named the best sports city in the country. It’s no wonder a city boasts more than its fair share of amateur sports teams. Among the many accolades the Chicago Cubs have snagged the baseball league’s top prize, and the Chicago Blackhawks have won two Stanley Cups in the past decade. Those fans who get their hands on a ticket to the playoffs will be treated to one of the world’s best sports experiences.
It’s no surprise that the city has spawned a number of sports related companies and initiatives. For example, the Chicago Cubs have a long standing partnership with the Chicago White Sox. While the Bears may be the kings of the north, the Chicago Bulls have a history of winning the basketball equivalent of the Super Bowl.
The best part about this flurry of activity is that it helps the city’s economy roar. According to a study conducted by SportBusiness, the Chicago sports community generated a staggering $42 billion in GDP in 2012, with over 600 million dollars going to the local economy per year. In addition, the sports juggernaut has aided the creation of over 456,000 jobs during that same period.