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How Would Indiana’s Stadium Deal with the Chicago Bears Work?

Indiana lawmakers passed a bill supporting the Bears' move to Hammond, with the franchise committed to due diligence for a new stadium near Wolf Lake, officials said.

  • On Thursday, the Indiana House Ways and Means Committee unanimously passed an amendment to pave the way for a Hammond stadium, with the Bears committed to finishing site-specific due diligence near Wolf Lake.
  • Illinois Governor J.B. Pritzker confirmed on Friday that stalled talks make a new stadium in the City of Chicago unlikely, leaving Arlington Heights, Illinois, or Hammond, Indiana, as alternatives.
  • The Bears' financing proposal includes a 1% food and beverage tax in Lake and Porter counties, a 5% innkeepers tax in Lake County, and a 12% admissions tax, alongside a PSDA tax district, to help pay bonds, with a lease of at least 35 years and an option to buy for $1.
  • On Saturday, ESPN personality Stephen A. Smith blasted the City of Chicago for failing to keep the Bears and warned the city would take a financial hit.
  • Analysts say the Bears' potential move fits a trend of teams seeking larger revenues and public subsidies while economists find little local economic benefit from stadiums.
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Kokomo Tribune broke the news in on Saturday, February 21, 2026.
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