As the Chicago White Sox and Chicago Bears argue for public money or lower taxes, I was reminded of the 1988 legislative deal that made sure taxpayers helped the White Sox stay in Chicago:

The White Sox stadium plan was resurrected seconds before midnight Friday, thanks to House Speaker Michael Madigan`s watch and an animated display of political arm-twisting by legislative leaders and Gov. James Thompson…
Minutes before House and Senate members walked into their chambers late Thursday, leaders from both parties predicted that the $150 million Sox stadium bill would fail, leaving the Sox no choice but to leave the South Side for St. Petersburg, Fla.
House Republicans left their caucuses, saying they had only five votes for the package. Their Democratic counterparts said only 50 votes could be mustered. And Senate Democrats said they had only 10 votes in favor of the deal.
But a few minutes before midnight, Senate Democrats ratified the measure by gathering 30 votes. In the House, after many observers saw their watches read past midnight, the constitutionally mandated adjournment time, the House passed the measure by a 60-55 vote. The published roll call read 12:03 a.m. Friday, which normally would mandate any bill passing by a three-fifths majority, or 71 votes…
”By my watch, it was 11:59,” Madigan said. ”I didn
t know this would pass. The Republicans told me they had seven votes when we went in, but the governor and I and all the members took risks and passed this bill to keep the White Sox in Chicago. Now its up to them. We took them at their word.”
Clocks stopped, votes changing, foregoing other legislative priorities all to get a sports stadium paid for. As I have argued before, few political leaders want to be the ones who let the local major team get away. What this tends to mean is that local residents end up paying for the stadium while the team owners become even wealthier.
Another reminder: this threatened move of the White Sox to St. Petersburg, Florida led to the construction of another stadium where the Tampa Rays now play:

Who wins in these deals? The owners. For their tax monies, the fans may get to watch games in person or pay attention through local media.