If Caleb brings continued success, and McCaskey achieves the entertainment district around the stadium, and Indiana pours more money into the surrounding area (which they will as this has been something the state has been trying to do for years) then that will be larger legacy than leaving IL.
This might be the greatest comment I’ve seen on this subject. That’s the actual situation. Illinois can’t afford the bears because of how fiscally irresponsible they’ve been (and still are), and now they are being fiscally responsible for this particular subject, and they will lose their Bears. The irony.
@JasonWard23 That’s where we disagree then. Northwest Indiana is considered by the masses as the Chicagoland area. So the Bears get a great deal while IL politics force them to take it.
While that will probably be the case, I don’t believe they has been formally announced. He is under contract to acquire the land but nothing about the stadium. Regardless, there will be tax certainties on that as well, no different than the Bears. And the Sox stadium still has a massive amount of debt owed by the state. An I’m sure infrastructure paid by tax payers. It will be no different
With “entertainment districts”, yes they do boost local economies. Especially when they are put on land that has been eyesores/not used in years. Most, if not all, stadiums come with infrastructure paid by the state. Most owners receive tax certainties. Especially in high tax areas. The issue is the optics for IL. Because it can’t afford it. While you’re pushing against billionaires in general, the argument is that IL so so financially stressed it just can’t afford it.
Billionaires making good business decisions….Weird how that works. The Bears weren’t asking for anything structurally unusual — infrastructure funding and a tax-exempt public ownership structure are the norm across the NFL. The political problem was Illinois-specific: a fiscally stressed state, the highest property taxes in the nation, and a governor who was openly skeptical the whole time.
“Our taxes are high and we don’t get shit.”
Hence why many are leaving the city/state. Especially businesses. Because the leaders are inept. Every NFL Stadium receives these tax certainties and money for infrastructure. The issue is, yes IL tax payers can’t handle more because the state has pushed itself to bankruptcy. It’s sad. The Bears should be in Chicago. But, alas, the city and state can’t afford it
@Hogdale_ With all due respect, you don’t have a clue on what is actually happening. Research how broke IL is, what the Bears have asked for, and the location of Hammond to Chicago vs Arlington Heights. Also how bad the chicago mayor is. Then comment on it
Business owners bringing in something that creates additional jobs, revenue, tourism, etc. which benefit the economy. What the Bears have asked for from IL is more than comparable to what the NFL market does for the other teams building a new stadium. And if IL can’t do that because they are bankrupt, then that’s not a Bears issue
@chicagobars Sell to other billionaires who probably would want same tax breaks. The issue here is IL politics, mostly. Not the Bears ownership. The state is bankrupt due to consistently horribly policies, business decisions, and continued corruption.