The Kane County Cougars were in danger of having their 2024 season canceled due to unpaid licensing fees to the Kane County Forest Preserve District in 2021 to lease Northwestern Medicine Field. But the team will remain in Geneva after a $321,000 settlement agreement.
Under the contract terms, Cougars owner Robert Froehlich would have had the option to play a final season in 2023, not pay anything further to the forest preserve district, and leave the stadium in 2024.
Force majeure -- French for"superior force" -- is a contract clause that removes liability for unforeseeable and unavoidable catastrophes, which in this case, was the COVID-19 pandemic. The resolution includes"a one-time right by the district to terminate the license agreement in the event of a default in payment of 2021 settlement payments or 2023 license fees," records show.
"The $321,000 was the settlement for the 2021 season between the Cougars and the forest preserve district," Haberthur said, referring to the totality of the two payments."Everything is going very well now. Our expectation is that that will be paid in full."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kane County man facing child pornography charges after search warrantA 41-year-old Kane County man is facing multiple felony charges including possession of child pornography.
Read more »
Crews search for 2 overdue hikers at Buckskin Gulch in Kane County after floodingDeputies are searching for 2 hikers in Buckskin Gulch, in Kane County, after rescuing a third member of the party who was taken to a hospital.
Read more »
2 still missing after others rescued from Kane County slot canyonBREAKING 2 men still missing, 10 others rescued from slot canyon dealing with floodwaters in Kane County
Read more »
UH Cougars, TSU Tigers both headed to NCAA TournamentThe University of Houston Cougars and Texas Southern Tigers will both be headed to the NCAA Tournament after this weekend's matchups.
Read more »
A No. 1 seed, Cougars understand why everyone roots for underdogNo. 16 Northern Kentucky faces long odds in opener, but Cinderella always has a place at...
Read more »
Houston Cougars guard Marcus Sasser named first team All-AmericanUniversity of Houston guard Marcus Sasser has been named to the AP All-American first team. Sasser led the Cougars to a 31-3 record, AAC Regular Season and Tournament championship, and a number-1 seed in the NCAA Tournament.
Read more »