Chicago lost the Bears this week. A team that's been in the city since 1921. They didn't lose them to a bigger market or a better deal. The Bears decided they'd rather be a tenant in Indiana than deal with Illinois for one more year. Think about how badly you have to run a place for that to be the smart move. They lost them for two reasons. The people running Illinois would rather villainize a builder than keep one. And they're bad at their jobs. In 2021 the Bears spent $197M on the old Arlington Park racetrack. Before they could break ground, Cook County valued the empty lot at $192M (Bears said $60M). They were salivating at the chance to extort a building that didn't even exist yet. That fight dragged on for years. The Bears were ready to put $2B into the stadium. All they wanted was a promise the county wouldn't reassess them into oblivion, plus $855M for infrastructure everyone uses. Roads, transit, utilities. A $3B project, two thirds of it private money pouring into Illinois. Springfield had since 2021 to get this done. They dragged it to the final night of session, passed it through the Senate at 3:39AM, and the House went home without voting. So now it's all gone. The funniest part? This started because Cook County tried to grab the tax early. They knew a built stadium would pay $53M a year. Now they get under $4M on a vacant lot. No jobs, no buildout, no new anything. Congrats on fighting for scraps and losing the whole prize. Pritzker: they're "an $8.5B valued business" that doesn't need propping up. But be smart for a second. Almost every NFL city throws in public money for a stadium. Not charity. The return is real. Tourism, hotels, restaurants, jobs, game days, property tax on a huge development. The math works. Indiana did the math. While Illinois sat on it for years, Indiana passed a bill in months, put up $1B, and took the team. And the Bears took a worse deal to get there. In Illinois they were going to own their stadium. In Indiana they rent it from the state. A team that wanted to build its own home gave up ownership just to escape Chicago. Nobody won but Indiana. The Bears lost their stadium. Illinois lost the team, the $2B, and $53M a year in taxes. Pritzker after they left: "I wasn't willing to give up billions of dollars of taxpayer money to give it to a billionaire-owned family or team." There it is. "Billionaire-owned." That's how Democrats talk about any business right before they run it out of town. Call them a billionaire, act like you're saving working families, take a victory lap while the tax base drives across the state line. Meanwhile they're running the whole state into the ground. And you already know how this ends. You're living in it. Pensions are $143B in the hole, worst in the country and not close. You pay $6,285 a year in property taxes, double the $2,969 national average, for a city that's $1.15B in the red. The mayor called its finances "the point of no return." When you run things this badly, you sell what's left. They leased the parking meters for 75 years to Morgan Stanley and a sovereign wealth fund in Abu Dhabi. Took $1.15B and burned through it in two years. The investors already made it all back, with 58 years left to collect. Sold the Skyway. Sold the downtown garages. Every asset that made money, gone for one check. But a fixed property tax rate for a team that's been here 106 years? That's "propping up billionaires." Companies are leaving. Boeing for Virginia. Caterpillar for Texas. Citadel for Miami. In 2023 alone Illinois lost 56,000 people and $6B in income to other states. The ones who left earned a third more than the ones who moved in. Indiana didn't outbid anyone. AAA credit, 16 years straight. A $676M surplus. Fourth-lowest debt per person in the country. They just weren't a disaster. Illinois could have collected $53M a year. It chose zero. Ignore all the bad management but make sure to stick it to those evil, pesky billionaires.

This is so disingenuous. They’re not asking for public funding to build a stadium in Arlington. Asking for a $15M/yr property tax bill (highest in professional sports) is not the same as subsidizing a stadium. Bottom line: It’s been 5 yrs, and Illinois has no offer on the table.

Which hurts taxpayers more?: A) Letting the Bears pay $30 million a year in taxes (the largest tax bill for any professional sports team) or B) Letting them go and they pay $0 a year. How does it help the taxpayer at all to let the Bears walk?

I know the Bears are moving forward with an Indiana site. And I know they've struck out for public funding from Illinois...so far. But hard to believe this is over. Now they have a legitimate leverage play; we'll see where it goes. Socialize cost; privatize profit.

My statement on the Chicago Bears “statement.”

While I’m being told that the Bears announcement on Hammond is “real”, i.e. not a leverage play, a league source told me that the Bears leaving the state is not a done deal. Per source, Indiana is in the lead right now, but “Illinois can still get back in the race,” granted the state has a lot of ground to make up after not passing legislation that would have insured the Bears property tax certainty.

Think of this stadium situation as a Dunkin’ race, folks. Another attention-grabbing lead change. For sure. But the finish line isn’t even on the scoreboard yet.

Statement from Chairman George H. McCaskey and President & CEO Kevin Warren:

REVISED: Arlington Heights' Mayor Jim Tinaglia isn't opposed to the Senate Bears Bill, rather angry that nothing passed the full General Assembly. My mistake -- here is his full statement: "The Village of Arlington Heights has spent the past five years working diligently to prepare for the redevelopment of Arlington Park. We are truly disappointed with the outcome from the spring legislative session yet again,” said Mayor Jim Tinaglia. “Although we recognize that these discussions are complex and involve many stakeholders, this is clearly a fumble for the State of Illinois. My commitment to the residents and businesses of Arlington Heights is unwavering, and we will continue to represent the interests of our community as future opportunities and next steps are considered.”

While we had hoped to get this done before adjournment, it became clear when HB958 was filed in the early morning hours that the votes simply weren't there. That's nobody's fault. It's just the reality of trying to move something of this size, complexity, and consequence in the final hours of session. The truth is that proposals of this magnitude take time. Members need time to review details, ask questions, hear from stakeholders, and understand the long-term implications of what they're being asked to support. This proposal came together late in the process, and many members simply did not have enough time to get comfortable with it. Even though the last 24 hours felt incredibly urgent, as they always do during the controlled chaos of the final days of session, it's important to remember that while HB 910, which the House approved five weeks ago, carried an immediate effective date. The proposal that passed this morning does not. Its effective date is January of 2027. That’s an acknowledgment that there is still time to continue the work. There is still time to answer questions, refine concepts, build consensus, and continue discussions with the Bears and all the stakeholders involved. The legislative pathway remains open. The Senate has a House bill available for consideration. The House now has a Senate bill available for consideration. The vehicles are there, and the conversations are ongoing. I remain optimistic. We all share the same goal: finding a solution that works for the Bears, works for taxpayers, and earns the confidence of the General Assembly. This morning was the end of session. It was not the end of the conversation.