Chicago Bears
The Chicago Bears on Wednesday will for the first time discuss their proposal for a lakefront stadium with two top aides for Gov. J.B. Pritzker, who already has publicly and privately criticized the use of public subsidies for new sports stadiums.
And team officials are likely to hear that there isn’t a magic number to get them close to wiping away the governor’s ideological opposition, according to a source with knowledge of Pritzker’s thinking.
The Bears want the Illinois Sports Facilities Authority to issue $1.2 billion in new debt to be paid over 40 years — paid for by the 2% tax on Chicago hotel rooms used to build Guaranteed Rate Field and renovate Soldier Field.