After the Flyers were ousted in February, Schaumburg was without a baseball team - until now.
Schaumburg officials on Tuesday signed an agreement with team owners permitting a new, unnamed team to play at Alexian Field next spring, according to the Daily Herald.
The 10-year contract comes just days before the Friday deadline for residents to submit ideas for a new team name. People who submit names will become part of a prize drawing, although their name is not guaranteed to be selected by the team's management.
Winners in the naming selection will receive a 20-person luxury suite on opening night at the ballpark as well as a jersey, participation in the first pitch and two season tickets.
Team owners Alan Oremus' company, E.J.I. LLC, will pay Schaumburg either $231,000 per year or 10 percent of total revenue, whichever is greater. The team also will pay Alexian Field owners $10,000 a year for usage of its parking lot.
The Schaumburg Flyers stopped play because of an estimated $551,828.92 in owed rent to the village after playing at the field since 1999.
The naming contest will close at noon on Friday. Submissions are being accepted by email at email@example.com or by postal mail at: Name the Team, P.O. Box 68694, Schaumburg IL 60168.