The Cubs released their annual neighborhood report Friday and as always, I headed right to the section detailing the Wrigley Field concerts.
$3.4 million in amusement taxes went to the city of Chicago and Cook County from the concerts held at Wrigley Field in 2018. Those taxes amount to 12.5 percent of gross revenue, which means that the Wrigley concerts generated approximately $27.2 million.
Now, not all that money goes directly to the Cubs. The music acts have to be paid; stadium workers have to be paid. Let’s assume — ballpark figure, ha ha — that half the total revenue goes to that.