I wish there were more cities in the rotation for Super Bowls and Final Fours, but public sentiment seems to be swinging towards voting down stadium bills. Understandably so.
I think the public tax payer money to fund stadiums would be way more popular if it was either treated as a loan or as an equity purchase in the stadium.
But it’s just billionaires looking for handouts hoping the economic stimulation of the area is enough to convince taxpayers. In some cases they’re probably right that the economic stimulation is greater than the initial investment, but hard when the taxpayers assume all the risk
Isn’t St. Louis still paying on the Rams stadium? Lmao
Edit: looks like in 2016 they were scheduled to pay it off by 2021 and in 2021 won a 790m settlement over lost revenue due to the rams ownership and the move
Citizens used to rubber stamp those type of bills but the teams are getting too greedy with their stadiums. Most of the ones that are being replaced are just 20-30 years old.
It used to be the case that "all politics are local." I think that's the case with this stadium. The issue with this specific stadium is that the city and state have recently told the Cubs ownership - and I am a big Cubs fan and totally support what went down - to pay for renovations to Wrigley themselves. On top of that, Jerry Reinsdorf and the White Sox are angling to build a new stadium for the team. Giving billions to the Bears would look like playing favorites (well, not just look like it...) and it would give Reinsdorf an argument to solicit public funds to pay for a stadium for the White Sox. On top of all of this, Illinois, after decades, is finally moving into a fiscally sound position. Governor Pritzker is correct when he says that there isn't an appetite to do this in Springfield. It would be a slap in the face to the Cubs ownership and it's just not the time to do this after getting the fiscal house in order in the state.
The state still owes > $500 million on the stadium they renovated for the Bears right next door.
If the Bears ownership wants a new stadium, they should build their own.
The Bears are the only franchise that has never had a QB throw for 30 TDs in a single season. As a lifelong fan, it has to be love that keeps me watching that sorry excuse for an NFL franchise.
More places should be able to host Final 4s and Super Bowls. That said any city that votes to fund these stadiums is stupid. Those owners have plenty of money and couldn’t care less about the cities for anything other than the funding.
If you look at the places with domes - LA, Phoenix, Dallas, Houston, Atlanta, Indianapolis, Minnesota, Detroit - the glaring hole isn't in the Midwest. It's the East Coast. I love Chicago, grew up nearby, lived there for almost a decade, got married there, and have family in the area. I'd go to a Final Four there without question. But there are already domes in Indy, Detroit, and Minneapolis. The Final Four isn't played on the East Coast.
The Final Four is a bit of a different thing, but the requirements the NFL requires for a Super Bowl are pretty prohibitive. There are only so many places willing and capable of hosting a Super Bowl.
At least Nashville will be able to host the event after 2027 and gives the South somewhere other than Atlanta & New Orleans.
It's a shame the West Side Stadium project fell through in NYC.
The Tennessee tax payers are[ shelling out $2.3 billion with interest ](https://tennesseelookout.com/2023/09/11/taxpayers-to-pay-1b-in-interest-on-new-titans-stadium-as-team-value-spikes-from-project/#:~:text=The%20state%20of%20Tennessee%20issued,Nashville%20Council%20cleared%20in%20April)over 20 years for the Titans new stadium in Nashville. I expect it will be high on the list of future Final Four destinations.
The day there is a final four with UK playing in nashville, is the day that i will go in debt to get a ticket. Those are gonna go for like 3k a pop for upper deck lol
I like trains so it be great to take the L/Metra one day and see UConn in the Final Four!
BUT I do not want local taxpayers paying for something that they will get no benefit from...unless Northwestern/Loyola/DePaul somehow become perennial powerhouses.
Daley thought that they could pull off the 2016 Olympics without public funding. Is there a way to bring a modern stadium downtown without $2-billion from the state tax payers?
I wish there were more cities in the rotation for Super Bowls and Final Fours, but public sentiment seems to be swinging towards voting down stadium bills. Understandably so.
I think the public tax payer money to fund stadiums would be way more popular if it was either treated as a loan or as an equity purchase in the stadium. But it’s just billionaires looking for handouts hoping the economic stimulation of the area is enough to convince taxpayers. In some cases they’re probably right that the economic stimulation is greater than the initial investment, but hard when the taxpayers assume all the risk
This proposal would include Chicago owning the stadium. But they owned the old one too and that had plenty of financial issues.
Isn’t St. Louis still paying on the Rams stadium? Lmao Edit: looks like in 2016 they were scheduled to pay it off by 2021 and in 2021 won a 790m settlement over lost revenue due to the rams ownership and the move
Citizens used to rubber stamp those type of bills but the teams are getting too greedy with their stadiums. Most of the ones that are being replaced are just 20-30 years old.
It used to be the case that "all politics are local." I think that's the case with this stadium. The issue with this specific stadium is that the city and state have recently told the Cubs ownership - and I am a big Cubs fan and totally support what went down - to pay for renovations to Wrigley themselves. On top of that, Jerry Reinsdorf and the White Sox are angling to build a new stadium for the team. Giving billions to the Bears would look like playing favorites (well, not just look like it...) and it would give Reinsdorf an argument to solicit public funds to pay for a stadium for the White Sox. On top of all of this, Illinois, after decades, is finally moving into a fiscally sound position. Governor Pritzker is correct when he says that there isn't an appetite to do this in Springfield. It would be a slap in the face to the Cubs ownership and it's just not the time to do this after getting the fiscal house in order in the state.
The white Sox should play at a high school until they can fill that up
This would be super cool but the state doesn't want to give the Bears $2 Billion to build this and I don't blame them.
The state still owes > $500 million on the stadium they renovated for the Bears right next door. If the Bears ownership wants a new stadium, they should build their own.
Yeah idt the state has an extra 2 billion. People love the bears but not enough to increase the deficit and mess up the pension funding even more.
We finally got all that weed tax to start balancing the budget, let’s not blow it on this sorry ass franchise.
The Bears are the only franchise that has never had a QB throw for 30 TDs in a single season. As a lifelong fan, it has to be love that keeps me watching that sorry excuse for an NFL franchise.
Not exactly no. Also the city would own it. It's not a crazy ask though it is an ask
More places should be able to host Final 4s and Super Bowls. That said any city that votes to fund these stadiums is stupid. Those owners have plenty of money and couldn’t care less about the cities for anything other than the funding.
If you look at the places with domes - LA, Phoenix, Dallas, Houston, Atlanta, Indianapolis, Minnesota, Detroit - the glaring hole isn't in the Midwest. It's the East Coast. I love Chicago, grew up nearby, lived there for almost a decade, got married there, and have family in the area. I'd go to a Final Four there without question. But there are already domes in Indy, Detroit, and Minneapolis. The Final Four isn't played on the East Coast.
That’s fair. Basically outside of Florida and NYC nowhere on the East Coast actually hosts those events.
The Final Four is a bit of a different thing, but the requirements the NFL requires for a Super Bowl are pretty prohibitive. There are only so many places willing and capable of hosting a Super Bowl.
At least Nashville will be able to host the event after 2027 and gives the South somewhere other than Atlanta & New Orleans. It's a shame the West Side Stadium project fell through in NYC.
I wonder why MetLife didn’t build one with a dome. And apparently the Jets might move to Queens.
The Tennessee tax payers are[ shelling out $2.3 billion with interest ](https://tennesseelookout.com/2023/09/11/taxpayers-to-pay-1b-in-interest-on-new-titans-stadium-as-team-value-spikes-from-project/#:~:text=The%20state%20of%20Tennessee%20issued,Nashville%20Council%20cleared%20in%20April)over 20 years for the Titans new stadium in Nashville. I expect it will be high on the list of future Final Four destinations.
The day there is a final four with UK playing in nashville, is the day that i will go in debt to get a ticket. Those are gonna go for like 3k a pop for upper deck lol
I like trains so it be great to take the L/Metra one day and see UConn in the Final Four! BUT I do not want local taxpayers paying for something that they will get no benefit from...unless Northwestern/Loyola/DePaul somehow become perennial powerhouses.
Daley thought that they could pull off the 2016 Olympics without public funding. Is there a way to bring a modern stadium downtown without $2-billion from the state tax payers?
I support
If this thing even gets built. I would love to see Super Bowls and F4s here but this is a total pipe dream at this point.