Monday, May 25, 2026

Bears, White Sox Could Consider ‘Financing Partnership’ for Stadiums

  • The White Sox’ partner developer looks to fold the NFL team into a bigger plan.
  • Shared stadium financing plans have a sports industry precedent.
Patrick Gorski-USA TODAY Sports

Why should two neighboring pro teams compete for the same pot of public money if they don’t need to? Such is the theory underpinning a potentially transformative partnership developing in Chicago between the Bears and White Sox. 

The Bears’ long-running effort to build a new, domed stadium has more recently been joined by an announced plan by the White Sox to construct a ballpark near Chicago’s downtown. Since both teams could be drawing from the same hotel tax funds to build their respective stadiums, city officials have encouraged a more collaborative approach to help ensure both projects ultimately get done. 

Related Midwest—the developer working with the White Sox on their project on a spot of land located near Chicago’s South Loop and called “The 78”—said to the Chicago Sun-Times that the company is working on a “financing partnership” with the teams that would link the two stadium projects.  

“Wouldn’t it be unbelievable for our city if you were to see two amazing facilities for these great sports teams built at once?” Curt Bailey, Related Midwest president, told the Sun-Times.

Many details are still undetermined in the potential deal, perhaps most notably where the Bears intend to build their venue. There also isn’t anything close to a final economic framework. But there does exist an ongoing dialogue to create a shared framework, with those talks also extending to potentially relocating either the MLS’s Fire or NWSL’s Red Stars, or both, to a retrofitted Guaranteed Rate Field after the White Sox leave that ballpark.

Civic Precedent

Several other U.S. cities in recent decades have tackled public financing for more than one pro sports facility at the same time. But perhaps the most notable example occurred a quarter century ago when Pennsylvania state officials approved funding to help build what became PNC Park and Acrisure Stadium in Pittsburgh as well as Philadelphia’s Citizens Bank Park and Lincoln Financial Field. 

Though highly controversial then—and also many years later—given the always-divided opinions around using taxpayer funds for private sports teams, the approach in Pennsylvania was then seen by state leaders as an efficient way to manage several converging desires for stadium upgrades. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

May 25, 2026; Cleveland, Ohio, USA; New York Knicks forward OG Anunoby (8) high fives New York Knicks center Karl-Anthony Towns (32) in the fourth quarter against the Cleveland Cavaliers during game four of the eastern conference finals for the 2026 NBA playoffs at Rocket Arena.

Knicks Reach First NBA Finals Since 1999

The Knicks are looking for the franchise’s first NBA title since 1973.
May 25, 2026; Paris, France; Elina Svitolina of Ukraine at a change of ends with ice and an ice towel during her first round match against Anna Bondar of Hungary on day two at Stade Roland Garros.

French Open Heat Wave Expected to Continue for Rest of Week

Forecasts for Tuesday, Wednesday, and Thursday are heating up.

Sportradar Hit With Lawsuit Over Alleged Illegal Gambling Ties

The suit alleges investors were harmed by shady overseas business conduct.

Felix Rosenqvist Wins Wild Indy 500 After Record 70 Lead Changes

There were 14 different leaders at various points in the race.

Featured Today

Big Money on the Line on Premier League’s Final Day

Arsenal has won the title, but millions are still at stake.
Texas State mascot
May 22, 2026

Mascot-Reveal Videos Are the Newest College Sports Tradition

Student mascot unmasking videos are going mega-viral.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
May 14, 2026

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).

Rays $2.3B Stadium Plan Survives Narrow Tampa City Council Vote

The Tampa City Council narrowly approves a non-binding stadium agreement.
May 4, 2026; St. Petersburg, Florida, USA; Tampa Bay Rays left fielder Chandler Simpson (14) greets right fielder Ryan Vilade (26) at home plate after hitting a three-run home run against the Toronto Blue Jays in the first inning at Tropicana Field.
May 15, 2026

Rays Reach Preliminary Agreement With City, County on Ballpark

The stadium would be located near Raymond James Stadium, home of the Buccaneers.
May 20, 2026

Political Sparring Intensifies Over Bears’ $5B Stadium Future

The stadium saga is the center of a growing political fight.
Sponsored

The Hidden Economy of Race Weekend

Learn more about the Vintage Flying Museum and how Spectrum Business is helping them achieve their business goals while fueling their dreams.
Sponsored

Fueling Dreams with Spectrum Business

Behind every league, team, and major event are the communities and small businesses helping power the business of sports.
Cleveland Browns players Denzel Ward and Carson Schwesinger, left, join with others as they take part in the ceremonial groundbreaking for the new Huntington Bank Field in Brook Park, Ohio on April 30, 2026.
May 1, 2026

Browns Break Ground on New Stadium, but Funding Still in Limbo

State and local funding for the planned venue is not yet solidified.
April 22, 2026

Royals’ New $3B Stadium Lands Downtown, but Not Where Expected

The MLB club strikes a large-scale development deal with Hallmark Cards.
April 21, 2026

Illinois Lawmakers Race to Advance $5B Bears Stadium Plan

State legislators race against the clock as a stadium decision nears.