The plan also would pool revenue generated on the site from state sales tax, hotel tax and liquor taxes and a new 3% surcharge on sports betting revenue into a fund to help Arlington Heights and surrounding communities pay for infrastructure improvements.
Powerful Illinois’ Democrat-n-progressive constituencies at odds with one another and Chicago and Johnson are right in the middle of all of it, and he’s not even in office yet. The way I read this, Arlington Heights and the other Cook County ‘Burbs have been talking to each other and the Bears, and are pretty much on the same page. Bears build it with private investment, and get a fixed property tax deal. Guvmn’t pays for streets and sewers. Pritzker says that “Of course the state will help with infrastructure,” but hem’s-n-haws on committing to the fixed property tax deal. Chicago… Read more »
Nostradamus
3 years ago
Doesn’t the Arlington heights site have to be built first?
Soldier Field debt was completely mismanaged. They should put the people in charge in Jail for what they did to the taxpayers. It was criminal behavior for sure.
Sell it to the Teachers Retirment Fund and the CTU they deserve it.
I know that there is certainly the comparison of the Pontiac Silversome, but that was 1975, nearly 50 years ago. Things have changed quite bit since then as NFL teams have figured out how to build entertainment complexes and destinations rather than just stadiums for football. Arl. Hts doesn’t need the stadium, the town has 80,000 people and thrives without it. Arl Hts is a nicely run town, with a lot of wealth, some of the best public schools in the state. This is not that terrible soccer stadium in Bridgeview in the middle of an industrial area. The new… Read more »
Fullbladder
3 years ago
What’s the balance?
Last edited 3 years ago by Fullbladder
Old Joe
3 years ago
Pontiac Silverdome here we come…..
nixit
3 years ago
So….fans would pay off the debt? Couldn’t the Bears raise ticket prices $3 and pay off the debt themselves. Tomato tomato.
Pensions Paid First
3 years ago
So 80k tickets per game and 10 games a year. $3 per ticket gets you 2.4 million per year. Don’t think that will be enough money.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Have you seen this one with Peyton Manning and Da Bears Guys?
https://www.youtube.com/watch?v=MyJ4baKe2DI
Or Brett Favre https://www.youtube.com/watch?v=PUnLwM1JfKI
Powerful Illinois’ Democrat-n-progressive constituencies at odds with one another and Chicago and Johnson are right in the middle of all of it, and he’s not even in office yet. The way I read this, Arlington Heights and the other Cook County ‘Burbs have been talking to each other and the Bears, and are pretty much on the same page. Bears build it with private investment, and get a fixed property tax deal. Guvmn’t pays for streets and sewers. Pritzker says that “Of course the state will help with infrastructure,” but hem’s-n-haws on committing to the fixed property tax deal. Chicago… Read more »
Doesn’t the Arlington heights site have to be built first?
Why wait?
Assuming the Bears faithfully complete their contract with Chicago, why should their enterprise be taxed to pay down a political folly?
I don’t understand.
It’s all a state sanctioned grift.
Soldier Field debt was completely mismanaged. They should put the people in charge in Jail for what they did to the taxpayers. It was criminal behavior for sure.
Sell it to the Teachers Retirment Fund and the CTU they deserve it.
The Teachers can use it for Pride and Drag festivals.
Haven’t watched woke pro sports in years. Good luck to you all
Buh Bye Sheeetcago Hello Arlington Heights!!
Brandon can turn Soldier Field into a playground for da West/South side wilders to create mayhem.
Or the Taj Mahal of abortion mills or housing for illegals….or an Amazon distribution facility like the Pontiac Silverdome.
I know that there is certainly the comparison of the Pontiac Silversome, but that was 1975, nearly 50 years ago. Things have changed quite bit since then as NFL teams have figured out how to build entertainment complexes and destinations rather than just stadiums for football. Arl. Hts doesn’t need the stadium, the town has 80,000 people and thrives without it. Arl Hts is a nicely run town, with a lot of wealth, some of the best public schools in the state. This is not that terrible soccer stadium in Bridgeview in the middle of an industrial area. The new… Read more »
What’s the balance?
Pontiac Silverdome here we come…..
So….fans would pay off the debt? Couldn’t the Bears raise ticket prices $3 and pay off the debt themselves. Tomato tomato.
So 80k tickets per game and 10 games a year. $3 per ticket gets you 2.4 million per year. Don’t think that will be enough money.
10 games a year? Nuh-uh! 2 preseason, 9 regular season, plus 2 playoffs for a total of 13 games! Worst to First, keeping the dream alive!
I like the optimism and I hope you’re right.
The stadium will be used for more than just Bears games