There aren’t many times when we align unequivocally with the Chicago Tribune, but this is one such time. What the hell is the Village of Rosemont doing?1 Corporate welfare at its most transparent, and then trying to cover up their tracks? They are spending taxpayer money, right? So why shouldn’t the taxpayers know the details?
Whatever Rosemont had to do, it doesn’t want the public to know about it.
The village recently passed an ordinance to keep secret the financial details related to Brooks’ record-breaking concert run — an unusual move that came after the Chicago Tribune filed a Freedom of Information Act request for documents related to his September shows at Allstate Arena.
The ordinance gives the mayor and other officials the power to withhold documents if they believe the release would put village-owned entertainment venues at a competitive disadvantage. In addition to the arena, the town owns and operates the Rosemont Theatre and the Donald E. Stephens Convention Center.
Village officials declined comment on the new law this week, citing the ongoing dispute with the Tribune over the Brooks documents.
The Tribune requested the records on Sept. 11, while Brooks was in the middle of his 11-concert run at Allstate Arena. Brooks, who had not toured in 16 years, sold 183,535 tickets for his Rosemont shows and broke the North American ticket sales record for a single city with an estimated gross of $12 million.
None of those entities, however, rely upon concert and convention revenues as much as Rosemont, which owes more than $400 million on taxpayer-backed loans taken out primarily to build an entertainment district. In 2013, the arena, theater and convention center together generated nearly $38 million in operating revenue and attracted more than 1.9 million visitors, according to village officials.
(click here to continue reading Rosemont passes law to prevent release of Garth Brooks contract – Chicago Tribune.)
To be clear, we are befuddled why such a profitable touring artist would need financial incentives from the public: the government isn’t getting a percentage of the gate. In fact, just the opposite – Rosemont gave a share of concessions, parking, and the like to the promoter. Wacky, just wacky. Smells like corruption to me.Footnotes:
- a suburb of Chicago, five minutes from O’Hare Airport [↩]