The Bears unveiled a plan for a new stadium in the city on Wednesday
“At first glance, more than $2 billion in private funding is better than zero and a more credible opening offer,” Harmon said in a statement. “But there’s an obvious, substantial gap remaining, and I echo the governor’s skepticism.”. The team said it would contribute just over $2 billion, ask for $300 million from the NFL, and look to the Illinois Sports Facilities Authority for $900 million. That leaves a gap of about $1.
Meanwhile Chicago Mayor Brandon Johnson was emphatic in saying there would be no new taxes for Chicago residents. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyAs Harmon alluded to, Illinois Gov. J.B. Pritzker said he remains “skeptical” about the Bears proposal to build a new publicly-owned stadium in Chicago, before the presentation began.
“I wonder if it’s a good deal for the taxpayers,” Pritzker said. “It’s very important to me that, with all the state needs to accomplish, that we think about what the priorities are for the state… there are a lot of priorities the state has and I’m not sure that this is among the highest priorities for taxpayers.”
The Bears bought 326 acres of land in Arlington Heights last year, and previously announced plans to build a new stadium there. But contentious negotiations about property taxes in the suburbs have become an obstacle for that plan. Earlier this year the team said it was switching its focus away from Arlington Heights back to the city.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A skeptical Springfield awaits after Chicago Bears pitch stadium plan backed by mayorGov. J.B. Pritzker and state legislative leaders slow to embrace public funding for new Bears stadium and lakefront improvement plan.
Read more »
Chicago Bears unveil lakefront stadium plans; ‘I remain skeptical,’ Pritzker saysThe Bears — one of the National Football League’s charter franchises — unveiled plans for a new stadium project on the lakefront partly funded by the public that would give the team a facilit…
Read more »
Illinois State Leaders Reject Separate Public Funding Plans for Bears and White Sox StadiumsIllinois state leaders have informed the Bears and White Sox that they will not support individual public funding plans for their stadium projects. The teams are now working on a joint funding plan to meet everyone's needs, but face challenges in gaining approval.
Read more »
Illinois woman airlifted to hospital following crash involving Northern Illinois University busA 25-year-old woman is in critical condition after her vehicle collided with a Northern Illinois University bus in Kane County Sunday night.
Read more »
Why Chicago and the Chicago Bears appeal to potential No. 1 pick Caleb WilliamsOn The Pivot Podcast, with former NFL players Channing Crowder, Fred Taylor and Ryan Clark, Caleb Williams talked about the idea of playing in Chicago and why it appeals to the potential No. 1 pick.
Read more »
Doctor Who Theory Reveals Why David Tennant Bi-Generated (& Why It Can't Happen Again)David Tennant as the Fourteenth Doctor in Doctor Who with Donna and Mel standing either side of him
Read more »