Chicago Cubs Make Deal With City for $500 Million Renovations

Details are emerging about the $500 million deal to overhaul Wrigley Field. The framework of the deal announced last night includes $300 million in stadium renovations and a new, large outfield video screen. The Chicago Cubs will also be able to play more night games and expand parking, while also paying for new traffic lights on Clark Street and more security outside the park.

The Chicago Cubs and the city of Chicago say they've completed a $500 million pact to overhaul Wrigley Field. The agreement announced yesterday includes $300 million in stadium renovations that will feature a new outfield video screen. The two sides say the Cubs hope to receive city approval before the end of the season.