Arlington Heights asks lawmakers to act on Chicago Bears proposal
Chicago Tribune • • sports
Key Points:
- Arlington Heights officials urge Illinois lawmakers to pass a "Mega Projects bill" allowing large developers, including the Chicago Bears, to negotiate long-term property taxes to keep the Bears from relocating to Indiana.
- Indiana lawmakers introduced a bill to create a stadium authority to attract the Bears, with Governor Mike Braun actively supporting efforts to bring the team to northwest Indiana.
- The Bears praised Indiana's legislative move as a positive step in stadium negotiations, signaling serious consideration of relocating if Illinois does not act.
- Without Illinois legislation, the Bears could face $100 million to $200 million in annual property taxes, potentially killing the stadium deal; currently, some Chicago sports teams pay little to no property tax on their venues.
- While the Bears propose funding
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