Bears President Remains Focused on Chicago Stadium Project

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Bears President Remains Focused on Chicago Stadium Project
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Chicago Bears president and CEO George McCaskey held a news conference reiterating the team's commitment to building a new enclosed stadium on Museum Campus in Chicago. He emphasized ongoing discussions with key stakeholders, including business leaders and politicians, and expressed confidence in the project's progress despite facing funding hurdles from state lawmakers.

Warren held a news conference at the team's hotel outside London ahead of Chicago's game on Sunday against the Jacksonville Jaguars at Tottenham Hotspur StadiumA proposal unveiled earlier this year calls for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the lakefront. The Bears are asking for public funding to help make it happen.

The plan calls for $3.2 billion for the new stadium plus $1.5 billion in infrastructure, potentially including a publicly owned hotel. Warren, the team's president and CEO, was asked if the Chicago site is “imminent or inevitable” and he responded: “I don’t know saying imminent or inevitable. I think it’s the best site as of now.”

The proposal calls for just over $2 billion from the Bears, $300 million from an NFL loan and $900 million in bonds from the Illinois Sports Facilities Authority.and state lawmakers have been lukewarm on the idea of approving such funding, with Illinois Gov. J.B. Pritzker and top leadership in both the House and Senate voicing concerns about the proposal.

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