Algonquin Minor League Baseball Team Owner Courting Joliet Now that JackHammers Have Run Out of Money
Algonquin’s Joe Stefani, president and majority owner of the Rockford Foresters, is interested in bringing a amateur college baseball players who would not be paid. The NCAA won’t let college players be paid.
The JackHammers are not the only minor league team in the Chicago area in financial trouble. So are the Schaumburg Flyers.
“It doesn’t make money. (Teams) almost always lose money,” Stefani told the Chicago Tribune.
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In view of the Joliet and Schaumburg minor league baseball teams being in trouble financially, it is even more curious that the Northwest Herald decided not to endorse Donna Kurtz for McHenry County Board. After all, she and Scott Summers, the Green Party candidate for State Treasurer and, then, the McHenry County College Board President, who deserve a lot of the credit for derailing the MCC baseball stadium. (It would have been financed with 25-year bonds for which the taxpayers would have been responsible, while minor league baseball teams last about five years on the average.)