But the team will have to overcome serious skepticism from several directions.
The sources said the Bears plan to pledge $2.3 billion, which includes some financing through the NFL.
Actually, calling this stadium and redevelopment a toy is ridiculous.
This is an asset of all assets that will increase their teams value, and their bankroll by billions.
All at our expense.
Sure this development looks incredible visually, don’t get me wrong.
But $4.6 Billion dollars for that?
Are you kidding me?
The Bills' new stadium is slated at $1.4 Billion.
How is this 3x that?
Talk about inflated price tags.
Who the fuck quoted this out?
Also keep in mind that we the taxpayer haven’t even paid off Soldier fucking Field yet!
The 2% hotel tax has fallen far short of paying off the existing debt.
And what do they do?
“Let’s just tax the tourists and small businesses.
They’ll cover it.”
Then there is the question of whether the Bears can legally build on the site.
The nonprofit Friends of the Parks opposes building a stadium for a privately owned team on the lakefront.
They told Star Wars to get fucked.
They told Barry Obama to take his museum and kick rocks.
Just like they are with the whole Caleb Williams disaster that officially begins on Thursday.
(More on this coming tomorrow).
The cherry on top of this entire cluster fuck is what happened to Arlington Racetrack.
This place was an absolutely beautiful place to watch horse racing.
Home to one of the most prestigious races in the world ever year.
Drew people from all over the world.
AND, actually generated tax revenue for a broke ass state like Illinois.
InclassicChicago Bears fashion, they bought the place, and bulldozed it to the ground.
I was never officially a Chicago Bears fan, but I rooted for them.
The city comes alive.
Bars and restaurants are packed.
There’s a buzz in the air.
It’s a great thing for everybody.
So anybody who lives here has a common interest in seeing the Bears do well.
Well that ends for me if this stadium deal goes through.
The last thing our tax dollars should be going to is a money pit as ridiculous as this.
70-80 years ago this would never happen.
It’s become par for the course.
It’s all smoke and mirrors and never comes close to projections.
TheBrookings institute has also done countless studies arriving at the same conclusion.
The research also finds:
Here’s an even better one on, on America as a country overall.
Fuck these billionaires and fuck their tax-funded stadiums.
- the gap between Robert Kraft and every other owner in sports continues to widen by the day.
It’s not even close anymore.
Best owner of all time and it’s not even close.
