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Is “The 78” Dead? Or even more alive? Fire announce plans for SSS


soxfan18

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6 minutes ago, Buehrle>Wood said:

The 78 itself is going to get like a billion in public funds but since it isn't paying for a brick in the stadium, it doesnt count. 

And a large portion of it happens if the Sox are there or not, so honestly, it makes more sense to have two teams there to justify the costs for something like 100 nights a year, instead of just the soccer schedule.

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On 1/13/2026 at 5:31 PM, Lip Man 1 said:

Gov. JB Pritzker and legislative leaders in Springfield have signaled a willingness to chip in on infrastructure, but they’ve urged the team to identify a mechanism to pay off more than half a billion dollars still owed on Soldier Field’s 2003 renovation as a condition to getting any legislative help.

“Building a stadium is, from my perspective, about doing what’s best for the taxpayers,” Pritzker said Tuesday. “This is a private business. We help private businesses all the time in the state, and I want to help if it’s with infrastructure, as we do with other private businesses — that’s absolutely a way we could do that. But as I’ve said, and the Bears have heard this, that we’re not going to build a stadium for the Chicago Bears.”

https://chicago.suntimes.com/bears-stadium/2026/01/13/bears-survey-season-ticket-holders-northwest-indiana-stadium-arlington-heights

Now that the Bears have a good coach and some good young players and are good again ... don't discount that in negotiations. Pritzker will soften. Bears will stay in Chicago. I still say Arlington Heights would be nirvana for them just like the Cowboys' complex, etc.

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11 hours ago, greg775 said:

Now that the Bears have a good coach and some good young players and are good again ... don't discount that in negotiations. Pritzker will soften. Bears will stay in Chicago. I still say Arlington Heights would be nirvana for them just like the Cowboys' complex, etc.

I  read where property taxes in Arlington Heights are $210 million dollars a year at the stadium site. I would think the  property taxes will be much less in Indiana.

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13 minutes ago, WBWSF said:

I  read where property taxes in Arlington Heights are $210 million dollars a year at the stadium site. I would think the  property taxes will be much less in Indiana.

Capped at 3% of value.  Welcome to the 1/2/3 laws.  My primary residence can't be taxed anymore than 1% of NAV. For businesses and 2nd homes it is 3%.  If they value the site at $1 billion in NAV, the Bears would be capped at $30 million per year in property taxes.

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1 hour ago, southsider2k5 said:

Capped at 3% of value.  Welcome to the 1/2/3 laws.  My primary residence can't be taxed anymore than 1% of NAV. For businesses and 2nd homes it is 3%.  If they value the site at $1 billion in NAV, the Bears would be capped at $30 million per year in property taxes.

Do you mean they would be capped at $30 million per year in Indiana?

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2 minutes ago, WBWSF said:

Do you mean they would be capped at $30 million per year in Indiana?

If the site is valued at $1 billion, by constitutional property tax law in Indiana, they cannot be charged more than $30 million (3%) for that year's property taxes.  Valuations can increase over time, but the rate cannot change, and would always max out at 3%.

For a primary residence that number is 1%,  So if you have a $250,000 k house, your max is $2500.

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1 hour ago, southsider2k5 said:

If the site is valued at $1 billion, by constitutional property tax law in Indiana, they cannot be charged more than $30 million (3%) for that year's property taxes.  Valuations can increase over time, but the rate cannot change, and would always max out at 3%.

For a primary residence that number is 1%,  So if you have a $250,000 k house, your max is $2500.

I would assume you know what you're talking about. So if the Bears stadium is valued at $2 billion in Indiana their taxes would be $60 million as opposed to $210 million in Arlington Heights. If all this is true we shouldn't be surprised if the Bears move to Indiana.

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16 minutes ago, WBWSF said:

I would assume you know what you're talking about. So if the Bears stadium is valued at $2 billion in Indiana their taxes would be $60 million as opposed to $210 million in Arlington Heights. If all this is true we shouldn't be surprised if the Bears move to Indiana.

100% accurate. 

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