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Raoul outspending Harold

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* The danger of just looking at quarterly reports is that money is still coming in. So, while this chart makes it look like Erika Harold is running on fumes, she’s raised almost ~~$2.5 million~~ $542,000 this month, while Kwame Raoul has raised about ~~$4.2 million~~ $1.4 million [Ugh! I entered the wrong dates in the search]. From Reform for Illinois…

* More…

During the third fundraising quarter, Raoul gathered more than $2.8 million, much of which has come from unions, including the Illinois Federation of Teachers and the LiUNA Chicago Laborers’ District Council PAC, and other Democratic lawmakers. One of Raoul’s largest individual donors is Michael Sacks, CEO of global investment firm GCM Grosvenor and a former Emanuel donor. He made a $150,000 donation last month and has supplied Raoul with a total of $250,000 since June. But Raoul’s biggest financial supporter is Pritzker, who made two $500,000 transfers to Raoul’s campaign during the fundraising quarter. In total, Raoul has received nearly $1.9 million from Pritzker, which is 20 percent of the $7.5 million he has raised this election cycle.

Raoul’s campaign spent more than $2.8 million during the third fundraising quarter. Approximately 87 percent of his expenditures, $2.5 million, went to advertising paid to Adelstein & Associates’ Chicago office. He had $653,311 on hand on September 30.

Harold, a Champaign County-based attorney, raised about $1.9 million between July and September. Some of her largest donations include $200,000 from Ken Griffin; $100,000 from Patrick Ryan, CEO of insurance solutions provider Ryan Specialty Group; and $50,000 from Todd Ricketts, co-owner of the Chicago Cubs. Harold’s largest donor during the fundraising quarter, however, was Rauner, who made a $1 million contribution in August. In total, Rauner has supplied Harold with $1.8 million since March, which is 52 percent of the nearly $3.5 million she has raised this election cycle.

Harold spent $1.95 million between July and September, with $1.8 million, 94 percent of her campaign expenditures, going to advertising. She had $174,593 on hand on September 30.

posted by Rich Miller
Tuesday, Oct 16, 18 @ 9:48 am

Comments

$2.5 million for Harold this month? I must need new contacts, I thought it was more like 700k, which is still great.

Comment by DarkHorse Tuesday, Oct 16, 18 @ 9:54 am
Re: Harold, I think what happened is she was running on fumes at the end of September, and Rauner threw her a $500k life line in the first days of October.

Comment by DarkHorse Tuesday, Oct 16, 18 @ 9:58 am
Erika Harold was sold a bill of goods by Bruce Rauner. He said he would fund her to the tune of $5-10 million. Then when his race turned South, he turned off the spigot other than the minimum he thought he could get away with. Now she’s on fumes despite being the only statewide Republican with even a chance to win.

The entire GOP is having its Rauner hangover far earlier than they expected. They got lazy in fundraising as they grew dependent on Big Daddy Rauner and his big checks. Then when he got cheap and stopped writing because he knew he was going to lose, they floundered. GOP consultant friends predicted this would happen, but not this soon.

So the real question for the GOP is how long this hangover will last. One cycle? Two? More? Will they just shift to Proft and Uehlein? Time will tell but it ain’t gonna be pretty.

Comment by Chicago Cynic Tuesday, Oct 16, 18 @ 10:12 am
What’s the best adjective to modify a $200K contribution from Griff?

Begrudging?

Half-hearted?

Pity?

Comment by wordslinger Tuesday, Oct 16, 18 @ 10:15 am
Chicago Cynic - funny you should mention a $5-10 million promise from Rauner to Harold. I’d gotten the distinct impression it was “at least $4-5 million” - which is not so far from your impression. He really did pull out the rug from under her.

Comment by DarkHorse Tuesday, Oct 16, 18 @ 10:56 am
–Erika Harold was sold a bill of goods by Bruce Rauner. He said he would fund her to the tune of $5-10 million.–

For real?

Well, Rauner does have a track record.

Like the old story goes, “Lady, you knew I was a snake when you took me in.”

Comment by wordslinger Tuesday, Oct 16, 18 @ 2:13 pm