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Another Bears stadium false alarm
Tuesday, Jun 25, 2024 - Posted by Rich Miller * Twitter went kinda nuts after an NBC Sports Chicago host posted this…
Barstool Chicago and others jumped on it…
* I checked around and was told the story was, um, bovine excrement. “Change ’stadium deal’ to ‘property tax appeal’ and it might be accurate.” * And now comes the inevitable walkback…
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- @misterjayem - Tuesday, Jun 25, 24 @ 12:14 pm:
Another product of a media environment that rewards first much more than right.
– MrJM
- TJ - Tuesday, Jun 25, 24 @ 12:15 pm:
Lord only knows that I’ve sometimes reacted only to headlines before only for my initial take to be proven wrong shortly thereafter, but at least I’m just some random dude wasting time at work in an unrelated field rather than supposedly being in charge of a media outlet and just running with things that I see on Twitter.
- NotRich - Tuesday, Jun 25, 24 @ 12:15 pm:
You all are forgetting the disastrous departure from the Big10 for Mr Warren. His leadership at Halas Hall is following suit.
- Donnie Elgin - Tuesday, Jun 25, 24 @ 12:16 pm:
=that rewards first=
There are three ways to make a living in this business: be first, be smarter, or cheat.
- Rich Miller - Tuesday, Jun 25, 24 @ 12:23 pm:
===You all are forgetting===
Never assume.
- JS Mill - Tuesday, Jun 25, 24 @ 12:34 pm:
=resolution =
None needed, just pay your property taxes. The Bears can afford it.
- Homebody - Tuesday, Jun 25, 24 @ 12:35 pm:
The Bears “try a little bit of everything, half baked and incomplete, with no clear long term path forward in either the city OR the suburbs” plan is definitely paying off.
- DuPage Saint - Tuesday, Jun 25, 24 @ 12:36 pm:
Well made up stories about the Bears are way more fun than real stories about the White Sox
- Flyin'Elvis'-Utah Chapter - Tuesday, Jun 25, 24 @ 12:38 pm:
If the goal is to get a handout, maybe don’t p.o. everyone who could help you get that handout.
- Rahm's Parking Meter - Tuesday, Jun 25, 24 @ 12:53 pm:
I’ll admit to falling for it, but I still see AH as the end result….
#Nowgoingbacktomycornerofshame
- TNR - Tuesday, Jun 25, 24 @ 12:54 pm:
Most of the Chicago media are ignorant of the parameters of the Arlington proposal — maybe willfully so given their focus on generating stadium click bait. The pending property tax appeal just determines what the assessed value of the property is post-demolition of the track. That’s not unimportant, because if the property tax freeze component of the Bears’ PILOT proposal ever becomes a reality that number will be the assessed value of the property for the next 30 years, regardless of how much the development improves the property. But that is only one step (and it is probably the easiest) in the process. The Bears would also have to negotiate the Payment in Lue of Taxes with the local property taxing bodies — something that’s never been done before. And, of course, the GA and the governor have to approve the establishment of the PILOT. Nothing really matters much until that happens.
- Three Dimensional Checkers - Tuesday, Jun 25, 24 @ 1:01 pm:
Thanks, I thought random stuff on Twitter was news.
- BilboSwaggins - Tuesday, Jun 25, 24 @ 1:02 pm:
My working assumption was that Arlington was always a bargaining chip meant to be a way for the Bears to squeeze every last dime they could get out of Chicago. But it seems now like even if that was the strategy they’ve completely abandoned it in favor of…what?
- James - Tuesday, Jun 25, 24 @ 1:22 pm:
I heard Murphysboro is under consideration.
- Proud Papa Bear - Tuesday, Jun 25, 24 @ 1:28 pm:
Great, another month of hearing the 8 percenters insist that the Bears are definitely building in AH.
- Rahm's Parking Meter - Tuesday, Jun 25, 24 @ 1:40 pm:
TNR- that is what Mike Mulligan said on the Score this morning as well.
- Jerry - Tuesday, Jun 25, 24 @ 2:12 pm:
President Warren NEEDS to understand there is no appetite for another round of government handouts for the Bears. They got a free stadium 20 years ago.
Pay for it yourselves!
Even a celestial friend in the sky can’t help.
- batman - Tuesday, Jun 25, 24 @ 2:15 pm:
I still believe that AH will end up being the place they go. I know I’m more or less on that island alone but I just don’t see it getting done in Chicago.
(ducks the people calling me an idiot)
- Frida's boss - Tuesday, Jun 25, 24 @ 2:23 pm:
Still have to find a way to get 60 and 30. Why would the suburbs or downstate give a crap about whether the Bears stay in Chicago or not? Whoever has the best local proposition and least local opposition paired with the least amount of money needed from the state will have the best chance.
- regular democrat - Tuesday, Jun 25, 24 @ 2:25 pm:
TNR is spot on kudos to you. The PILOT has been forgotten in all the hoopla over the lakefront gambit. PILOT is the main reason the school districts had to band together to protect themselves from potential loss of revenue. Im sure it could be worked out a lot easier than asking for 1.2 BILLION, 60 40 and a signature.
- Friendly Bob Adams - Tuesday, Jun 25, 24 @ 2:38 pm:
I’m fuzzy on the details of commercial property taxes, but I don’t see how you can buy a property for $197 million then turn around and say it’s worth less than that.
- Huh? - Tuesday, Jun 25, 24 @ 2:42 pm:
“how you can buy a property for $197 million then turn around and say it’s worth less than that”
They tore out the toilets. /s
- TNR - Tuesday, Jun 25, 24 @ 3:42 pm:
The main difference between the Arlington Heights and lakefront proposals is the latter involves the hand out of a tax subsidy, while the former involves granting a tax break. All things being equal, a tax break should be much more “doable” politically. But the PILOT brings a lot of players to the table — all those local taxing bodies. And the Chicago members of the General Assembly are unlikely to support a big tax break that incentivizes a business to leave Chicago. Hard to get to 60 and 30 without Chicago members on the roll.
- Mr. Jimmy - Tuesday, Jun 25, 24 @ 4:10 pm:
Anyone who treats Mark Carman like a real reporter deserves to be duped.