Overview

• The Bears closed on the $197.2 million purchase of the Arlington Park site in February 2023 and have negotiated preliminary tax-rate agreements with village officials.
• The Illinois General Assembly adjourned its spring session without bringing the team’s funding measure to the floor for debate or a vote.
• Governor J.B. Pritzker has opposed allocating state funds to the project and maintains that the team should remain downtown.
• Chicago lawmakers, led by Rep. Kam Buckner, have signaled they will block public subsidies for a move to the suburbs.
• The franchise retains a lease at Soldier Field through 2033 that carries a declining early-exit penalty and plans to self-finance roughly $2 billion of the estimated $5 billion project.