• Loading stock data...
Wednesday, May 21, 2025

Illinois Governor: Bears Are ‘Private Business,’ Don’t Need Taxpayer Funds

  • Illinois Governor JB Pritzker said that he loves the Bears, but they don’t need excessive public funds for a new stadium and development.
  • A state senator proposed freezing property tax assessments for major new projects.
Chicago Bears want public money to move
Jon Durr-USA TODAY Sports

The Chicago Bears are getting blocked by the state of Illinois.

Gov. JB Pritzker said he wasn’t in favor of a plan that would provide tax relief for the team regarding its proposed stadium and development in Arlington Heights.

State Sen. Ann Gillespie, who represents Arlington Heights, filed a bill that would freeze the team’s property assessment for up to 40 years.

“I love the Bears,” said Pritzker, “but it is a private business, and I honestly do not think the public has an obligation to fund, in this major way, a private business.”

The Bears are intent on moving to the town northwest of Chicago after agreeing to buy the Arlington Heights Racetrack in 2021 for $197 million. The team is planning a $5 billion entertainment district centered around a $2.2 billion domed stadium.

School District Enters the Field

The school district based in Arlington Heights voted to hire a lobbyist to represent the district in state government on “mega projects” such as the Bears’ proposed development, particularly in regard to tax breaks the team might access.

The team hasn’t secured public funding from state and local governments, nor has it struck deals for land use, transportation, or other related issues.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 9, 2024; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) watches as center Karl-Anthony Towns (32) celebrates after making a three point basket to clinch a win against the Toronto Raptors near the end of the fourth quarter at Scotiabank Arena.

NBA Playoff TV Ratings Up 3% Ahead of Late-Round Test

Games are averaging 4.17 million viewers across ABC, ESPN, and TNT.
May 18, 2025; Charlotte, North Carolina, USA; Scottie Scheffler is interviewed after winning the PGA Championship golf tournament at Quail Hollow.

PGA Championship TV Ratings Dip As Scottie Scheffler Dominates Again

CBS drew an average of 4.76 million viewers for Sunday’s final round.
May 5, 2025; Phoenix, Arizona, USA; New York Mets outfielder Juan Soto in the eighth inning against the Arizona Diamondbacks at Chase Field.

Did Juan Soto Really Want to Be a Met? Ex-Yankee Star Under..

Recent struggles for the superstar and the team counter a hot start.
Nov 5, 2023; Philadelphia, Pennsylvania, USA; Philadelphia Eagles quarterback Jalen Hurts (1) scores a touchdown on a quarterback sneak against the Dallas Cowboys during the second quarter at Lincoln Financial Field.

NFL Owners Set to Vote on Tush Push, Olympics, Playoff Seeding

League meetings are taking place in Minneapolis.

Featured Today

AA Mint Cards

Young Collectors Are on a High-Stakes Chase for Ultra-Rare Trading Cards

“They just want that excitement of the chase,” says a 23-year-old collector.
Donnie Gobourne JDL
May 17, 2025

U.S. Professional Softball Players Are Flocking to Japan to Get Paid

The Diamond League offers paychecks and amenities that the U.S. can’t beat.
Jun 1996; Seattle, WA USA; FILE PHOTO; Seattle Supersonics guard Gary Payton (20) lays the ball up against the Chicago Bulls during the 1996 NBA Finals at Key Arena.
May 15, 2025

5,000 Pieces of Thunder History Are Hidden in Seattle

Sonics championship banners, trophies, and retired jerseys are all in one place.
Ohio State Buckeyes safety Caleb Downs (2) returns an interception during the second half of the Cotton Bowl Classic College Football Playoff semifinal game against the Texas Longhorns at AT&T Stadium in Arlington, Texas on Jan. 10, 2025. Ohio State won 28-14.
May 15, 2025

House v. NCAA Settlement to Pay College Athletes: All Your Questions Answered

The yearslong lawsuit over player compensation is in the home stretch.
Sep 25, 2022; Chicago, Illinois, USA; A general view of Soldier Field before a game between the Chicago Bears and the Houston Texans. Chicago defeated Houston 23-20.

Bears Pivot to Suburbs As $4.7B Downtown Stadium Plans Dim

The NFL team has reversed course on its lavish plans.
Shai Gilgeous-Alexander
May 16, 2025

Public Funding for Arenas Is Failing Everywhere—Except Oklahoma City

Voters chose to fund $850 million for a new Thunder arena.
May 18, 2025

Final Preakness Stakes at ‘Pimlico As We Know It’ Delivers High Drama

The Baltimore horse racing track is set for a $400 million renovation.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 6 of Portfolio Players, dive into the world of sports investment with George Pyne, founder and CEO of Bruin Capital. Discover why owning a sports team is considered recession-proof, how leagues like MLB and UFC have adapted to the new media landscape, & the complexities of NIL.
Gianni Infantino
May 14, 2025

Rights Groups Sound Alarm on Saudi Worker Deaths Ahead of World Cup

Saudi Arabia promised construction of 11 stadiums for the 2034 World Cup.
Boomstick Burrito
May 11, 2025

The Arms Race to Create the Wildest Ballpark Concessions

Forget the score—did you see the milkshake?
May 6, 2025

Trump Gets Another Golf Win With Euro Tour’s Scottish Championship

Trump International Golf Links Scotland will host a tournament in August.
May 6, 2025

After Getting Sixers to Stay, Comcast Putting Its Own Name on Arena

Comcast will spotlight its mobile business at the South Philadelphia venue.