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Closing Bell

Cubs Forced To Pull World Series Ticket Offer For City Aldermen

The Cubs have "pulled the lucrative offer to let aldermen purchase World Series tickets at face value." The "about-face comes three days after the city’s Board of Ethics issued new rules that made it more difficult for aldermen who preside over all things Wrigley Field to take advantage of the ticket offer." The ethics ordinance "prohibits city employees and elected officials from accepting gifts worth more than $50." The board said that the difference between the face value of Cubs playoff tickets and the “'commonly understood fair market value' exceeds that $50 limit" (CHICAGO.SUNTIMES.com, 10/24).

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