In a statement, Bears president and CEO Ted Phillips said the final decision on the agreement was “an important next step in continuing the quest for real estate and its potential.” Churchill Downs has announced a sale price of $ 197.2 million and said it plans to close the sale in late 2022 or early 2023.
Soldier Field, owned by the Chicago Park District, has the smallest NFL capacity of 61,500 fans. Bears can also develop 326 acres of land around the stadium with shopping, dining and entertainment.
Here’s what you need to know about the potential for travel from Soldier Field, as well as the reaction from City Hall to Arlington Heights:
97 years old in a game enhanced by Chicago skyline views and wind snow The stadium is as part of Bears’ identity as tenacious linebackers and poorly performing quarterbacks. The team’s loyalty to the lakeside shrine has long been the pride of its citizens, giving fans something to brag about, even when they can’t brag about the team itself, especially when they can’t.
But at first glance, this renowned site can no longer compete with the so-called fan experiences sold by other teams.
However, fans gained an exponential understanding, and some expressed optimism that a better day would come. As it is unlikely that a tentative deal will be closed by late 2022, they have a dome-shaped stadium that protects them from shortening concessions, making parking easier, improving tailgate opportunities, and protecting against the winter breeze. I was openly dreaming.
Chicago Bears enthusiast Mayor Lori Lightfoot must be sympathetic to rookie quarterback Justin Fields. A tough day in Cleveland: Browns defensive lineman escapes from Myles Garrett, but is knocked down to the ground by linebacker Jadebeon Crowney.
The mayor faces a similarly horrifying set of obstacles to prevent the Bears from decamping in Arlington Heights. Given the miracles and billions of dollars of taxpayer money, persuade them to stay and further hinder the city’s finances. Or, it goes down in history as the mayor who lost a charter member of the National Football League to the suburbs.
The McCaskey family, who owns the Bears, has been silent about the pursuit of a new home, the Bears remain a private company, and many about how the team can potentially fund billions of dollars in the stadium. The question has not been answered so far.
More clearly, the potential cost of the city of Chicago if Soldier Field’s marquee tenant leaves and how much the Bears will have to pay to terminate the lease with the city.
The news that the Chicago Bears bought the property at Arlington Heights Racecourse proves that they are serious about leaving Soldier Field. Paul Sullivan writes that the sooner the better.
However, after the American Football League merged with the National Football League and the stadium needed to accommodate at least 50,000 fans, Bears was forced to find a new home.The team played the last match at Wrigley Field December 13, 1970, Defeated Packers 35-17.
Jason Wurtz, executive vice president of commercial real estate firm NAI Hiffman, says hotels, restaurants, bars and other entertainment fit naturally around the football stadium. However, the size of the property can be too large for a single use, which means that there must be enough people around to patronize the business on holidays and off-season.
Governor JB Pritzker said Thursday that it would be up to Mayor Lori Lightfoot and leaders in the northwestern suburbs of Arlington Heights to decide whether to help local taxpayers pay to build a new Chicago Bears stadium. Stated.
Pritzker did not explicitly exclude state subsidies for the new stadium, but said no one on the football team was approaching him.
A few days after the fireworks display, which marks the end of the famous Thoroughbred horse racing era in Arlington Heights, residents awoke on Wednesday and noticed news that the Chicago Bears could turn the northwestern suburbs into their homes a few years later. rice field.
The bear move is not a completed transaction. And some villages may not want to be too hopeful. About 50 years ago, Bears came up with the idea of moving there.
The potential role of the state in the potential movement of the Bears from the lakeside to the northwestern suburbs has not yet been formally discussed, but from the team as Illinois has emerged from the coronavirus pandemic and continues to work on it. Requesting financial support can be a difficult sale with chronic financial disability.
Democratic Congressman Comebackner, a former football player at the University of Illinois, home of Soldier Field, said Wednesday’s announcement was “extremely disappointing.”
After nearly a century of thoroughbred racing, the Arlington International Racecourse in Arlington Heights closed its doors to sports on Saturday. The future of the venue remains uncertain.
Racetrack fans, staff, and even jockeys collectively agreed that it was a sad day at Arlington Park. The horse ran the last turn and the fans wore flashy hats and made the final bet, but the staff faced an uncertain future. Many shared the fun of the family and spectacular fireworks, sunny Saturday afternoons, memories of big wins and losses with friends, and the grandeur of a racetrack like no other.
Chicago Bears: What You Need to Know About Soldier Field, Arlington Heights Movement
Source link Chicago Bears: What You Need to Know About Soldier Field, Arlington Heights Movement