
In a pair of radio interviews last week, Lightfoot poo-pooed a potential move, saying Arlington Heights can’t match the offer Chicago will make — or its tourist trade…
While the prospect of reelection is much more imminent for Lightfoot than where the Bears end up, any signs that she is relenting to Arlington Heights would be the death of her political career.
It was just a few months ago that Lightfoot was overtly dismissive of the Bears’ purchase agreement for the 326 acres at Arlington Park Racecourse — enough land for a world-class stadium plus all manner of ancillary entertainment businesses from which the team could profit…
If Lightfoot thinks she can keep the Bears at Soldier Field — even with a dome — she’s nuts. The constraints of the NFL’s smallest and oldest stadium won’t allow Soldier Field to host a Super Bowl or, as is important to the team, to allow the Bears to do what has become commonplace around the league: develop the stadium as an entertainment complex that generates more cash…
The only sure winner in this tug of war will be the football team.
The research consistently finds that team owners are the biggest winners in the battle to provide tax breaks, monies, and other benefits for sports teams who consider relocation. Yes, it would be a PR and status blow to Chicago to lose the Chicago Bears to a suburb – even a denser Arlington Heights – but people will still spend money in the city and the team will still be in the region. Do not go into taxpayer debt just to enrich a private football team.
It will be very interesting what kind of “best offer” Chicago will provide. And how public will this all get as the city tries to avoid losing the team?
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