The City and any municipality should only give money to sports teams for at least 20% of ownership and 2 voting shares. This guarantees them payback on their investment. They drop their ownership shares once their investment is paid off.
you act as if the millions and millions a year generated in the town for decades to a century to come arent payback. 20% doesnt give them payback on the investment it gives them such a good deal that it bends over the team backwards and shoves a broomstick up its you know what type of deal. a town like arlington would have seen imense economic impact in a positive way from this alongside businesses and more tax revenue from business/ toursim that come along with the stadium/ baseball village.
@@tonymante8759is that so? Ask Glendale, Arizona or Santa Clara, California how much they love the NFL. Santa Clara is constantly suing the 49ers. Glendale was supposed to become the next Scottsdale. They would both gladly pass on football now.
They didn't get greedy. The guy talking gave a terrible take of the situation. The school board wanted what the Cook County Assessor and a Judge said they were entitled to receive.
Wrong. Arlington Heights refused to lay down for the Bears and give away the house. If Chicago or Cook County come up with $6 billion to GIVE to the Bears then Arlington Heights looks pretty smart. CORPORATE WELFARE
@@charlesm7589 Arlington Heights is in Cook County and the state of Illinois. So Arlington Heights would be paying if the county and state buy the stadium.
@@trongriffinproductions7159 I grew up in Chicago and know the geography and politics. :) My point and message are simply this: NO CORPORATE WELFARE. Not a single thin dime of taxpayer money should go to support a multi-trillion dollar business like the NFL. Not a dime. When McDonald's builds they don't ask the government to contribute to their construction costs.
The Bears are only offering to pay about one third. They want the government to pay the rest (plus god knows what tax breaks.) and to own the stadium. That way, if they ever decide to move the government is stuck looking for a new tenant for the stadium.
I think they'll just trudge back to Soldier Field in this goes south. I personally hope they do. There's nothing wrong with Soldier Field except its capacity. And before you whine about parking, take the damn CTA. Or walk through beautiful Grant Park.
Lol everyone is falling for the bait hook line and sinker. All of this is still posturing and negotiating tactics for the Bears to get a better deal for AH. Building a new stadium next to soldier field doesnt solve any of the issues they had that caused them to want to build a new stadium to begin with
The Bears won't build anything in AH as I predicted months ago. The infrastructure cost is $1-$2 billion before a stadium is built. No way the Bears were going to agree to spend that amount of money on roads they would never own.
As an equestrian who loves history, I can sympathize with the Bears losing the history and the romance of being *in* Chicago. The horse race world lost one of its oldest and most beautiful historic tracks with Arlington closing. Even being a Wisconsin native, I wish them the very best of luck hanging on to their own history.
You believe the Bears will pay $1-$2 billion infrastructure like widening the roads? No way the Bears will pay the money to get AH ready for a stadium.
@@dexivoje actually it does since your an expert on what a world class city is apparently. If it doesn’t make a difference then why do you care so much to comment that ?
Arlington Heights playing with short-handed deck. Small minded town leaders who have never lived the really big money life. Thought $197M made this ano brainer. I've known people who have paid that much for a boat.
Wrong. Smart town leaders who realized they were being used by the Bears as leverage against Chicago. When should Arlington or any other city bend over for the NFL!?
@@MrDuds1984 The AH area school board is not going to give the Bears a discount on taxes plus the team would have to pay $1-$2 billion in road and infrastructure repairs.
