One of the most insane facts in municipal finance:
Chicago still owes ~$500M on the *CURRENT* Soldier Field.
So in the mid-2030s, when the Bears are in Indiana, Chicago will be STILL be paying off all the backloaded debt from the stadium they gave the Bears in the early 2000s.
Indiana taxpayers are on the hook for Lucas Oil Stadium until 2037…. And they’re willing to slap another stadium over there that 90% of the state won’t visit.
Insanity.