Board Reviews Welsh Memorial Tournament Contract Terms
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Description
Lincoln Park District reviewed the existing John Welsh Memorial Basketball Tournament contract, which grants two days of facility use for $600 annually through 2028 in exchange for advertising and sponsorship benefits. Board members discussed lost public-use revenue and possible renegotiation of concessions at future events.
Contract Details
Contract Amount
$600
Vendor
JOHN WELSH MEMORIAL BASKETBALL TOURNAMENT
Agency
Lincoln Park District, IL
Contract Type
FACILITIES
Document Date
March 11, 2026
Contract Term
2 days per year; contract through 2028 (originally signed 2019)
Renewal Date
2028-12-31
Renewal Info
Contract signed in 2019 with a term through 2028; current discussion focused on potential future renegotiation of concessions but no amendment or renewal was approved at this meeting.
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