. That's when the Bears shocked Chicago and their fans by announcing they had put in a bid to buy the Arlington racecourse.
Mayor Lori Lightfoot fired back saying the Bears are locked into the Soldier Field lease with the city until 2033. She went on to"As a season ticketholder and longtime Bears fan, I am committed to keeping the ‘Chicago’ name in our football team. And like most Bears fans, we want the organization to focus on putting a winning team on the field, beating the Packers finally and being relevant past October," Lightfoot had said in a statement.
"The contract that the Bears and the park district signed does provide for the Bears to be able to relocate out of Soldier Field," said Marc Ganis, the head of Sportscorp — a Chicago based sports consulting firm. "They refer to it as an improper relocation in the lease … and there is a provision of liquidated damages that would be paid to the park district for an improper relocation.
Since it takes at least five years to build a new NFL stadium, the earliest the Bears could "improperly relocate" to Arlington is in 2026. At that time, experts estimate the team would have to pay $85 million in liquidated damages.DAILY NEWSLETTERthat I have read and agree
Chicago no longer deserves the Bears
I'll pass if they put a dome on that place I will never go in, I'm expecting it to start falling apart especially if it's snow on the roof
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