
The Chicago Bears have found at least one viable site for a new stadium in northwest Indiana and are examining a second location, possibly merging the two, team president Kevin Warren said…
The Chicago Bears have found at least one viable site for a new stadium in northwest Indiana and are examining a second location, possibly merging the two, team president Kevin Warren said on Thursday. The team announced in June that it was pursuing a development project in Hammond, Indiana, and has completed a review of the Lost Marsh site while doing due diligence on the Wolf Lake Terminal site.
The Bears had also considered Arlington Heights, Illinois, for an enclosed stadium, but state legislative efforts to provide financial incentives stalled. The team's lease at Chicago's Soldier Field runs through 2033, but it can be broken early with a fee. Chairman George McCaskey said the team's name will remain the Chicago Bears regardless of location.
The talk of a cross-border move plays up fan anxiety, but the real story is money and tax breaks. Illinois Governor JB Pritzker says he wants the Bears to stay, yet his legislature did not pass the needed stadium authority bill. Indiana, meanwhile, passed a bill for a stadium authority in February. The Bears are doing what any business does: following the subsidy. The test is simple: can Illinois match Indiana's offer before the 2033 lease break? If not, Hoosier State football it is.
Source: hindustantimes.com
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