Gov Pritzker: Bears new stadium is “non-starter” for state

[baselman1974]

City can’t even pass new taxes for their current short falls idk how they can come up with the money for this project

Fucking taxes are already high. I would increase the corporate tax on big corps making record profits. Thats it. Are we seeing income growth, prices or real estate coming down? Nope Neither. Stop the wasteful spending.

 

[IBleedBearsBlood]

I am assuming most of this is just real estate poker. Seeing which side blinks first.

Pretty much.

 

[bamainatlanta]

@Toast88 what’s the latest with the KC Stadium?

 

[remydat]

Chiefs trying to leverage Kansas into getting a new stadium in Missouri as Kansas offered 700m towards a new stadium.

 

[Hawkeye OG]

Potential new site with state support supposedly

State willing to help Bears with new stadium at Michael Reese site, Speaker Welch says

For the first time, Illinois lawmakers are signaling support for using taxpayer money to assist the Chicago Bears with a potential stadium project.

www.fox32chicago.com

 

[Mighty Joe Young]

Potential new site with state support supposedly

State willing to help Bears with new stadium at Michael Reese site, Speaker Welch says

For the first time, Illinois lawmakers are signaling support for using taxpayer money to assist the Chicago Bears with a potential stadium project.

www.fox32chicago.com

Warren allegedly has some issues with the site, particularly the train tracks.

I'm wondering if this is to help get some further leverage on the AH site.

 

[Butkus34]

We have given Warren and the Bears a lot of shit about this stadium stuff. If we start seeing the state willing to help some on infrastructure and willing to do that at AH (not at the moment) and the Bears are willing to put in as much as they bluffed they were at the waterfront location, AH has already worked the tax situation, then Warren is actually doing a magnificent job.
The thing is, this is the Bears and as fans we have been taught over generations that we can't trust what they are doing.

 

[Moses Moreno]

Potential new site with state support supposedly

State willing to help Bears with new stadium at Michael Reese site, Speaker Welch says

For the first time, Illinois lawmakers are signaling support for using taxpayer money to assist the Chicago Bears with a potential stadium project.

www.fox32chicago.com

Still close to the McCormick Place so lots of infrastructure there to build off of.

 

[GoDJtop10]

Damn near every Bears fan I know wants the new stadium complex in Arlington Heights

 

[Payton34Sayers40]

Damn near every Bears fan I know wants the new stadium complex in Arlington Heights

Won't happen. They don't have the money. Ted Phillips did Ted Phillips things and purchased that land without doing the real numbers on it. After they got it, Warren was hired. Say what you want about Warren, but the man knows stadium financing. Once Warren and his group ran the real numbers, they realized they don't have the money. That is when the Bears came back to the city, hat in hand, looking for a deal to stay.

AH was a pipe dream by a Team President who made a deal way out beyond his skis.

 

[Montucky]

I got flamed relentlessly for saying exactly what has happened would happen. Once again dunking on CSS retards, god damn does it feel good.

 

[Montucky]

They will get a few hundred million for a refreshed stadium. No Super Bowl, no football Disneyland, McCaskeys get humiliated (again) and collar county Bears fans stay irrelevant (again).

 

[Mighty Joe Young]

Won't happen. They don't have the money. Ted Phillips did Ted Phillips things and purchased that land without doing the real numbers on it. After they got it, Warren was hired. Say what you want about Warren, but the man know stadium financing. Once Warren and his group ran the real numbers, they realized they don't have the money. That is when the Bears came back to the city, hat in hand, looking for a deal to stay.

AH was a pipe dream by a Team President who made a deal way out beyond his skis.

Nice story. Have anything to back it up?

 

[Montucky]

Nice story. Have anything to back it up?

He got it from a Twitter account called 311 S Wacker.

 

[Mighty Joe Young]

He got it from a Twitter account called 311 S Wacker.

Then he should post it, smart ass.

 

[Payton34Sayers40]

Nice story. Have anything to back it up?

Its moreso common sense. You own AH... why deal with the city? AH caved and gave you the concessions you wanted -- but you are still working with the city?? If you had the money (particularly after the concessions) your focus would be 100% on building in AH.

Not everything needs to be spelled out. We can read between the lines my friend.

Moreover, and here is the kicker.... you cannot waste people's/the city's time, money and resources out of some elaborate power play to get a better deal with AH as some have theorized. Doing so will open you up to being sued out of the arse. There is a thing called "good faith" and other principles in law that prohibit that - "misrepresentation” and even “fraud” being others. These easily/quickly come to mind for me and this type of law was never my specialty. I am quite sure a lawyer that specializes in this area will be able to come up with other legal theories to get their butts sued as well. No, what they are doing with the city is real.

The only way I see a deal with AH working is if: a). the Bears sell, or b). they take on a partner to help carry the monetary load.

 

[Bearcub13]

Damn near every Bears fan I know wants the new stadium complex in Arlington Heights

We must travel in different circles, by Bears friends all want the Bears in Chicago...

 

[Moses Moreno]

They will get a few hundred million for a refreshed stadium. No Super Bowl, no football Disneyland, McCaskeys get humiliated (again) and collar county Bears fans stay irrelevant (again).

Umm, the article talked about a completely new site and not a refreshed stadium.

 

[Bearcub13]

They will get a few hundred million for a refreshed stadium. No Super Bowl, no football Disneyland, McCaskeys get humiliated (again) and collar county Bears fans stay irrelevant (again).

Why is everybody constantly mentioning hosting a SuperBowl, there are only a handful of seats left over for locals, why does it matter? I live in AZ, we have hosted a number of Super Bowls, it is no big deal, our hotels are already full, but they do get to jack up prices for a few days. The local media gets to interview a few out of town celebrities. If the Bears were playing that would be cool, but the odds of the Bears being in any Super Bowl are pretty low right now. Let alone being in one the exact year Chicago is hosting, like a billion to one shot.

 

[Montucky]

Umm, the article talked about a completely new site and not a refreshed stadium.

Right and the articles two years ago were completely about Arlington Heights (now basically dead). This is headed towards no meaningful change for the Bears, same Soldier Field. I can’t wait to see them get denied for real and have to publicly admit it.