Is Chicago Bears $4.6B stadium proposal even POSSIBLE? 

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Any stadium that is payed for by the public should be at least partially owned by the public. If the public is paying for it, and it hosts a team and events for the public, the public deserves to profit from it.

If the stadium proposal is economically viable, let the owners sell bonds to raise funding. If they can’t sell bonds to fill the gap, it’s a no go. Both the Bears and Sox current stadiums aren’t even paid for. The Sox can move to Nashville for all I care.

If it’s $4.6B privately funded, go for it. Otherwise enjoy Arlington Heights.

I’ve said this before and I’ll say it again, no owner of any sports team should be allowed to buy a team if they don’t have the money to renovate existing stadiums or build a new one from the ground up

I'm not even a Giants fan but I more and more appreciate the fact that Oracle Park was privately financed, these other owners are something else

No more public money for billionaire owners…ever.

As an Illinois resident and taxpayer, it infuriates me that both of the White Sox and the Bears are coming back to the state with their hands out after getting a new stadium (White Sox) and a renovation (Bears). All of their problems are due to poor planning and execution. New Comiskey became dated the second Camden Yards opened, and I'm not sure what the Bears were thinking with that ridiculous renovation? Now they want more money? If the Bears can actually put together $2 billion in private money, then use that money to build a stadium on the land that they own in Arlington Heights. If not, too bad! Maybe the economic oasis that is Northwest Indiana is a better option. Or, they can leave the third biggest market in the country, which would immediately lower the value of the franchise. Either way, they deserve absolutely no public money, especially since the taxpayers are still on the hook for the Soldier Field renovation. I'm thankful that the Governor and the Illinois GA appear to be against this.

I love this style of content from you. 😁 Keep up the good work 👍

Great job, Brodie. The Illinois legislatures current session ends at the end of May. The House Speaker and Senate President are both basically saying there is no desire and no time to deal with this project.

The tax they are talking about is one that is being used to pay off existing bonds on the current Soldier Field. It still has between $400 and $600 million in debt from the last time it was rebuilt.

Are the Bears playing a game here? They bought the land in Arlington Heights for the purpose of building their own stadium where they would take all the profits from things like Taylor Swift concerts and NCAA championships that caused a great deal of hulabaloo with the Chicago government. Now it seems like they're running up the pricetag knowing it'll go over like a fart in church with the public just so it can fail and they can go back to plan A. I never would have thought that the Bears brass would be able to think up something like that on their own but they did buy and still own that property in Arlington Heights...

Brody really love your work . Keep up the awesome stuff

I hate how everyone has jumped on the “White Sox are moving to Nashville” narrative despite the fact that the team has never publicly expressed interest in moving there. It’s all just speculation that people have taken as fact.

There’s an argument starting here in the UK right now about the renovation or a new stadium for Man United. The owners are worth billions, and seem to want £1bn in support of a stadium. If there is public support, then we need to have the stadium open in the summer months then the stadiums need to used for concerts and all profits from that be taken for the public. And access to suites not be denied, suite profits are public profit for non football events.

What do fans really need from a Football stadium? This proposal looks so over-engineered. These multi-billion dollar stadiums look amazing but they aren’t being built with sustainability in mind. In 20 years, the Bears are going to be asking for money to upgrade it and upkeep just like all the modern baseball stadiums that are currently in trouble(The D-Backs for example) because they built something they couldn’t afford to maintain. I bet you could build a comfortable decent looking football stadium that will be around 100 years from now for 1/10th the price but these teams are in a weapons race to have the glitziest building possible even if it sinks the tax payers and the franchise in the long run.

As a Bears fan living in Chicago. I personally think that they should have built it in Arlington Heights. They will have so much space, plus parking and transportation won't be an issue.

Short answer no, long answer nooooooo

$4.6 Billion is an insane amount of money for a Stadium and surrounding area. If it does happen you could definitely see other events like Wrestlemania, Final Four, European Soccer teams, USMNT, Concerts, Boxing, UFC, Supercross, College Football Championship, Rugby Union, Chicago Fire big games etc.

New reports put the total cost closer to 7 billion In Chicago...#hardpass.

an indoor stadium even by the lakefront is needed with the high winds and the weather that develops especially by the lake

Noob question, but has their ever been a deal where the taxpayers pay for stadium/infrastructure but receive a significant portion of the revenue for the events/concerts until its paid back?

If the City of Chicago and their Park District is involved with the planning, development and management it will be a train wreck…. It would be a bad design, over budget, shoddy workmanship, lots of kick backs. Just look at what they did with the “New Comiskey Park” only 30 years ago. The first and worst of the new ballparks. Come on. 4 Billion for a stadium that is used for 10 football games a year and maybe 15 other events annually?

No to Lake front stadium!!

Giants and Jets used their own money for their stadium few years ago. Public should never fund a private sports team

In theory, I agree that the billionaires who own sports teams should privately finance their facilities, however, I could see this project attracting plenty of revenue to the entire city for years to come. For example, I have been an avid Bears fan since the 80s even though I live in a completely different part of the country. My wife is too, which is something we bonded over when we first met. Two years ago we took the opportunity to spend our anniversary in Chicago since there was a concert we were dying to see at Soldier Field. This tour was not making a stop in our hometown so this was an easy decision. We plunked down several hundred dollars for the tickets, then airfare to Chicago, and stayed for nearly a week in a hotel downtown. We took in a Cubs game (we also managed to both be avid Cubs fans too), ate at nice restaurants, went to Shedd Aquarium, the science and technology museum, the field museum, etc etc. We look forward to going back sometime soon to catch a Bears game and continue to see other sites around the city that we didn’t get a chance to see. We spent quite a bit of money, all because of an event that was being held at the football stadium brought us there.

The Bears wanted Soldier Field. Mayor Daley proposed a dome stadium near United Center. They should stay in the stadium that they wanted. The lease is up in 2035.

Great analysis via the Chicago media reports. Thx BB.

yea 43k jobs for the 3 years it takes to build , but then what?

So that's it, 25 to 30 years is the shelve life for a stadium ?...these 2 venues are not that old...

💎 Chicago is the Global Commodity Capital of the 🌎 world. Go 🐻 Bears!!!

I hope they get it somehow; they deserve a great stadium for beautiful lake front and skyline.

If Bears get it and White Sox don't say goodbye to the Sox

3bil for a stadium that manica copy and pasted from Allegiant Stadium only holds 65k seats

Why can’t the Bears and White Sox pair up and build a dome in the squircle shape of the Louisiana Superdome, so that funding can be had for both teams?

This has “GOT TO STOP”. The Cities, States and this Country, are in such a “MESS”. All the Public TAXPAYERS MONEY, that has been and is being used by All these Stadiums could have or could be used to Solve so many of Societies Basic Needs Problems. “WHAT a WASTE” of TAXPAYERS MONEY, over and over and over again. Use PRIVATE MONEY to do this.

Chicago taxpayers bankrolled the 2003 renovation of Soldier Field, which cost taxpayers $609 million -- and taxpayers still owe nearly $590 million of that debt, according to estimates. What a freaking CLOWN college. How can a new stadium possibly be under consideration?

How much in campaign contributions are the politicians in Chicago getting paid in order to push this on the taxpayers?

Sounds like San Diego, a bad political situation and bad ownership. Then layer in legal challenges and a decade will go by in a heartbeat.

All these comments but no one is asking why there’s no parking… Hmmmm….

As a construction professional in the Chicagoland area, that has dealt with a lot of public projects,I find it exceedingly difficult to believe that a stadium can be designed and built by 2028 with the limited amount of pre work that has happened thus far

This is for Chicago, don’t forget about the additional $1-$2 Billion dollars in graft, corruption, payoffs, and Unions with their hands out. The Bears should pay for their own stadium and pay back what they owe on Soldier Field.

The situation in Kansas City was due to a really bad proposal on both sides (but mostly the Chiefs), and I don’t think indicates whether people are willing to fund the teams. If they figure out a more inspiring proposal, they may have some chance of getting some public money. Obviously in Nevada there’s no way the voters would ever approve public money, so it’s up to the legislature.

4.6 billion for a stadium to host 8 or so football games a year is insane, especially asking the public to pay for any part of it. The NFL is by far the richest sports league, pay for your own stadiums.

So here’s the sitch with Illinois, we’re just now getting our finances in order with Gov. Pritzker and Co. getting our credit rating from BBB- to now A- getting increased approval over 9x just in the governor’s 6 years in office. Enter both the Bears (who still owe the state for its 2000’s renovations to Soldier Field that altered it so much it was removed from preservation sites) and White Sox (who threatened to leave Chicago in the 80’s to potentially move to what’s now Tropicana Field for state funding for a new stadium, the possible first team to do so) hedging their bets on getting them during this stadium boom and there was bound to be friction. Meanwhile, fan attendance to games are dwindling due to both teams doing poorly and being cost prohibitive (millennials and Gen Z can’t afford to go to games let alone vote to increase taxes to build these billion dollar behemoths). Maybe if ownership put winners on the field instead and putting money into buying and renovating their own stadiums (both Bears and Sox sites aren’t owned by their owners instead owned by the Chicago Park District and Illinois Sports Facilities Authority respectively) maybe fans in town would be ever so slightly more forgiving. Personally, I think these teams should just create a trust where local supporters, the fans have stake in their teams personally. It’d prevent the likes of your McCaskeys and Reinsdorfs from idiocy like this. But the likes of the 5 majors will never allow it.

Surely they could save a ton of money by not having it domed.

This project had better not use state funding. I live in Southern Illinois and we have basically been abandoned by Springfield. Apart from keeping I-57 to Chicago and I-24 to St.Louis open, Illinois spends no money down here. Don't worry, though, Springfield still collects our taxes. Projects like this literally do nothing for us.

😁 Da Bears ownership a joke not happening 😁

These super stadiums are getting ridiculous just go back to building regular outdoor stadiums and save billions of dollars because 20 years from now they’ll be talking about demolishing some of these facilities when they don’t age well

No public money!

I hate being really pessimistic, but I think the White Sox are going to move. With the Bears wanting $2 billion in public funds, I don’t think the Sox will get funding for a new stadium. I hate public funding for stadiums in any case, but I don’t think there’s any way that both get funded. Manfred has made it clear with Oakland that if there is any MLB team near a market, he has no problem letting rooted teams move, even if there are viable ownership groups willing to buy to keep a team in place. I’m a White Sox fan and nothing would make me happier than to be wrong about this; I just have a really bad feeling.

If I'm the City of Chicago and the State of Illinois, I call the Bears' bluff on this. Part of the mystique of the Bears is the fact that they're from Chicago. The reality of the situation is that they're a business that produces an event that takes place in Chicago 8-9 times per year (possibly 2-3 more times if they get home playoff dates). They're asking the City/State to put up over $1,000,000,000 for what is largely going to be a rarely-used, single purpose stadium. If the City/State say no, the Bears aren't going anywhere.

The amount of grift that will occur if the stadium gets rebuilt will be WILD 🤑favors given for contracts chosen to construct….it’ll be a cash cow for local politicians.

This is Chicago. The overruns for this stadium are guaranteed to be more than the projected price tag.

It's so disingenuous when Chicago's Mayor keeps inferring they need this Stadium for the Bears to remain the Chicago Bears. If the Bears moved to Arlington Heights....they'd STILL be the Chicago Bears....just like the MANY other NFL teams that currently do NOT play in the city of their namesake...such as the Dallas Cowboys playing in Arlington...or the San Francisco 49ers that play in Santa Clara.

I’m a bit confused. Wasn’t the whole reason for the Bears buying the Arlington Heights site was for them to own all the revenue generated from their new stadium and not have to share their revenue with the city of Chicago.

Dome Stadium is somewhat nice. However it takes away of seeing the chicago skyline. & The Beautiful Lakefront. The Dome should be retractable. PERIOD, As far as the cost is concern. The Public shound not pitch, not even a penny. 1.8 Billion can fix a LOT of Chicago poor neighbrhoods. This project ONLY Helps The RICH keep money in there pockets This Mayor lost his damn mind. Come with a better low cost plan Bears

The numbers the Bears will be seeking are much more attainable from a big city like Chicago vs Arlington Heights.

As the second most expensive stadium, it must also be considered a potential Super Bowl Site.

The stadium has to be covered in order to be able to host the Super Bowl which is a huge way to make money. Every new stadium gets the Super Bowl with in a couple years.

You noticed they announced it the day before the draft. They knew fans will be excited about Caleb!

Chicago is the 3rd largest media market in the US. Why can't the team just fund this privately? Stan Kroenke had the $5B SoFi stadium in the Los Angeles area built on his own dime...

I know this sounds crazy but ova the last 2 years I've saved bout $25,000 to purchase two PSL for the new stadium.... This is the first new anything they have built in the city of Chicago in over 20 years... And I have to be a part of it

According to Forbes, the Bears make over half a billion in revenue every year. They could have it payed off easily in less than 10 years if they secure a loan.

we need a federal law banning any money going to any sports arenas

Where are they going to go and get a 4 billion dollar stadium? Are all of these teams going to move? There are not enough places to go that could support the teams

It's a nice stadium, similar to AT&T stadium in Arlington, Texas but a little smaller.

5:48 Public funds dispute was the reason San Diego Stadium and Convention Center never got built 8 years ago. Had that Stadium gotten built it today would have cost 5.2 Billion dollars. More expensive than this Stadium 4.6 in the video would have cost being the second most expensive Stadium.

Bears, bulls and white soxs need new stadiums. However Chicago has some of the worst roads and bridges in the US. Fix our roads and bridges first. Also they need to replace our copper pipes for drinking water. A new stadium should be last on the list.

Brodie, because indoor stadium means they can host the SuperBowl & concerts

Now thing is if they announce they don’t allow it would a rendering be provided for Arlington heights and wouldn’t that hurt Chicago as they don’t share profits as right now?

2.4 billion in public money while the team claims they will fund 2.05 billion. It is also a dome that cannot open. They want the bears to be an indoor team that never plays football outside. This is a joke. Why even be on the lakefront if you never get to be outside on a nice day? Let them take this nonsense to arlington. See what arlington will offer them.

STOP THE SCHEME!

Imagine the impact $2B would have in the low-income areas. At some point, society has to have to prioritize people over subsidizing billionaires' sports teams.

So, is Fire FC planning on playing elsewhere, or did everyone including the render artists just collectively forget they exist? How do they factor into this plan?

Ultimately, they'd like to sell the team, and the franchise is FAR more valuable if the team is based in Chicago than it would be out in Arlington Heights.

Illinois and specifically Chicago taxes are already insane for what the taxpayer gets in return (crazy crime rates, potholes, expensive cost of living, etc). Best of luck convincing the taxpayer to front even MORE.

This is a much different situation from that of the Coyotes. The large commercial development around the sports venue (a la SoFi Stadium in Los Angeles and the proposed Coyotes arena) helps subsidize the marginal economics of a stand-alone stadium.

Can you do a video on the boondoggle stadium projects that cities continue to pay after team relocates. Two come to mind. Mt. Davis and Houston Astrodome expansion for the Oilers. How long after teams left are cities paying bonds for these projects.

It’s indoor because Chicago is -10 degrees in the winter.

Neither the Sox nor da Bears will get any public money...

My Bills got public money, and I'm happy they are staying put however cities have to start saying no. And if cities do contribute no more than 30% max. The more we allow the leagues to get all this money for stadiums, tv packages and merchandise the more likely the asks will never end. I believe the Bear's need a new stadium but minimal public money.

Not a single dollar should come from the public. There are more important things to take care of in Chicago than losing teams. Funding should go to Chicago Police and Public Schools, not profession sport teams.

They want a domed stadium for the Super Bowl. The NFL requires climate-controlled domed Stadium if the historical average daily temperature over a 10-year period in the Host Community on the week of the Game is below 50 degrees.

I've changed my thinking a bit on this one because I feel Illinois and Chicago specifically will make a choice here. They will not be able to help the Bears and the White Sox. It's too much unless the Sox find a creative way to privately fund their new stadium. Which means Illinois will let the Sox leave...and I'm thinking Utah because Utah has secured the financing of 900 million for a MLB stadium...they just need a team to put there so they can start building it. Such a thing can be dangled to Reinsdorf and the MLB owners as a solution. They've already acquired the Coyotes the same way. Lightning CAN strike twice. That leaves the Bears. The allure of that Stadium is sentimental, it keeps them in the city which will shut up all of the fans whining about location, and it has a deeper investment appeal. Unlike a new park for the Sox, a Bears stadium can host at least 3 NCAA National Championship Games in two major sports. It can host the Big Ten Championship Game for football, it will secure at least one Super Bowl bid, and likely more than one...why? It's Chicago.....lots to see, and do, and eat. That's why. WWE will want to put a Wrestlemania in Chicago as well. You can count on that happening. A new Sox Park can't sell any of those things. The Bears are going to get their way because it may come down to a choice. Not everyone likes the Sox but just about everyone loves their NFL football and they love their Chicago Bears. That's my updated take on this. But here's a side subject....let's pretend I'm right about this. Bears stay in Chicago, Sox leave. Does....Does the MLB restore an AL franchise in Chicago if they lose the White Sox? Or...will it be just the NL Chicago Cubs as the only MLB team in the City of Big Shoulders?

@4:47 Stop it. The Bears are the charter franchise in the NFL and one of the most historic. The Bears ceasing to be the "Chicago Bears" is like suggesting that the Red Sox or Yankees would move.

Sometime in the future a stadium can be Tokenized for funding .this is called Real world Asset .this process can take taxpayers out of the picture. Fans could be a fractional owner .

The thought of destroying Soldier Field should turn the stomachs of every American. Its architectural beauty alone should ensure its survival. Repurpose the stadium. Americans are very nostalgic people. Bring back the Roman Lions Den to entertain the masses. The money saved from the tax burden of the prison systems alone would more than pay the cost of keeping and maintaining Soldier Field. It would give murders and jay walkers a last chance opportunity to give back to the community they burden. All jail & prison cells in the state could then be converted into hotel rooms for poor people to visit Illinois. This would increase tourists dollars coming to Illinois from normal people also. With the poor staying in prison hotels, normal people don’t have to worry about sharing hotel space with them. (Please don’t ask me to run for president. Between bingo, demolition derby’s & flea marketing, I just don’t have the time) *jaywalking won’t automatically put you in a lions belly. I’m sure Daniel will list a RU-vid vid of “How I Survived Being Thrown To The Lions Den And How You Can Too”

Pay for it on their own darn dime 49ers did so can they.

It is possible it can also be paid without taxpayers and with every event going on in it would pay for itself through hotel tax.

the bears are a “cash cow” once the new stadium is up and running they will make tons of money! I don’t mind loaning them the money, but they would definitely have to pay it back and they can definitely afford it!

I'm so excited for the packers to win the opening game there

$4.6 Billion holy moly that’s a lot of cash

McCaskey's just need to build what they already had planned to out in Arlington Heights, where they've already spent almost $200million on the land, and just suck it up and deal with the property tax rates that AH wants to charge, that the Bears aren't happy with, knowing that when it's all said and done, they are going to make so much money off that stadium and all the amenities surrounding it, and with all the different events they'll be able to host, and knowing that it means they'll be owning their own stadium and no longer have to deal with the corrupt politics of Chicago, and knowing that any potential new owner that they might try to sell to in the future, will be much more likely to buy with them knowing they are buying it directly from the McCaskey's, knowing they also don't have to deal with the city. If I am the McCaskey's, there is no way I am puttiing in $2billion into the lakefront project if I am not getting at least a 3rd ownership of it all. I think this whole thing is just a bit of poker to get AH to come down on their property tax demands and to maybe get them to put in more on the infrastructure around the stadium. Bears are bluffing. Not sure if AH is going to bite on that, but they should. They should want this project to happen. I live in the suburbs, closer to AH than downtown Chicago, and I firmly believe more of the people who go to games, live in the burbs rather than in the city. AH has always just made more sense. The lakefront proposal doesn't have any parking in it or tailgating or sports book or any of the amenities fans want and what the AH proposal includes, because their is much more land with the AH project to have those things than with the city project. The city wants the McCaskey's to fork over a lionshare of the money for it but then they want it to be a 100% public owned stadoum and park with none of the amenities Bears fans want. The city sees the project as a public park. Screw that noise! There are enough free public parks and spaces and activities in Chicago. Bears fans paying hundreds of dollars to go to a game don't need to be subject to a bunch of transients walking the park outside the stadium. I mean, Lori Lightfoot and the city of Chicago were begging the Bears not to leave Chicago, so much so that they quickly came up with a proposal and new stadium renderings and basically saying the McCaskey's wouldn't have to pay for anything under her proposal, because they knew the Bears leaving would be devastating to Chicago financially and in other ways as well, and now they act like the McCaskey's are coming at them hat in hand or something and making the Bears pony up 2billion and they still won't own the stadium? If you the city desperately wants to keep the Bears the Bears in Chicago, then you should have to pony up all the costs, not the McCaskey's.

Give all Chicago residents Bears season tickets for the next 10 years... Like what are they offering in exchange? Some nice venue that we already can't afford to visit 😂 Hopefully it goes to a vote, so we can easily vote no. I would love to see this new stadium, but not on my dime.

how does bears have 2 billion $ to put towards stadium? Um not 1 dollar of federal money should be put on this. people in other states shouldn't be on the hook for paying for a private stadium.

They really asking for 2 billion dollars to build Allegiant Stadium II

The Bears stadium would be publicly owned. A difference from many other proposed projects.

at least for the tax dollars, each tax payer will get one day alone in the stadium.

The Sox and Bears are racing to see who can suck the money out of a state that has no money first! Will be fun to watch!