US EditionIllinois Lawmakers Close to Deal on Bears Stadium in Arlington Heights, Sources Say
Illinois lawmakers and Bears leaders negotiate public funding and property tax measures to secure the Arlington Heights stadium amid competing Indiana incentives, with deadline pressure.
- On Monday, Chicago Bears and Illinois lawmakers moved toward a deal to keep the team in-state, with Governor J.B. Pritzker and legislative leaders backing public funding and PILOT legislation for the Arlington Heights site.
- With Indiana's session ending February 27, Illinois talks face a narrow deadline as Indiana lawmakers advanced a bill backed by Governor Mike Braun and the Indiana Senate to lure the Bears to Wolf Lake in Hammond, Northwest Indiana.
- A public stadium authority proposal would let taxpayers finance part of the project while the Bears pay rent, with a team consultant estimating infrastructure near Route 53 could exceed $850 million, and the team says it will fund stadium construction.
- Illinois Representative Kam Buckner has voiced opposition to public financing, saying `We are not in competition with Indiana`, while Governor J.B. Pritzker said progress has been made but declined details on Monday.
- The Bears' Soldier Field lease expires in 2033 and a new stadium would take three years to build, while STAR bond projects could generate $1 billion in sales and more than 5,000 new jobs amid over $500 million in 2003 Soldier Field renovation public debt.
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33 Articles
Capitol Fa - Your Illinois News Radar » Pritzker expresses optimism about Bears deal, while report has it ‘close to agreement’CapitolFax.com
* Gov. Pritzker was asked about the Bears today… There’s a lot of discussion, a lot of ongoing conversation with the Bears. And indeed, frankly, progress that’s been made. So, I’m pleased about that, but, you know, I’m going to let the Bears talk about what it is that they want to get done and [...]
Gov. JB Pritzker talked Bears with NFL commissioner, says progress is being made to keep team in Illinois
While Indiana officials play up their efforts to lure the Chicago Bears across the border for a new stadium, Gov. JB Pritzker said Monday that he and his staff have made "progress" to incentivize the football team to stay in Illinois.
Illinois lawmakers close to deal on Bears stadium in Arlington Heights, sources say
Talks are intensifying between the Chicago Bears, the village of Arlington Heights, and state leaders as the team seeks to build a new stadium, and sources said state lawmakers are close to a deal to keep the Bears in Illinois.
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- 47% of the sources are Center
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