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Government

Apr 10, 2024

White Sox & Bears to Rally for Public Funding for New Chicago Stadiums

Executives from both the White Sox and the Bears are actively advocating for public assistance in securing funding for their respective new stadiums.

White Sox & Bears to Rally for Public Funding for New Chicago Stadiums
Traded Media
Traded Media

Traded Editorial

2 min read

Executives from both the White Sox and the Bears are actively advocating for public assistance in securing funding for their respective new stadiums. The White Sox are seeking state funding for a new stadium in the South Loop area, whereas the Bears are exploring financing options for a new stadium south of Soldier Field on Chicago's lakefront.

Referendum Proposal by Former Governor Pat Quinn

Former Illinois Governor Pat Quinn has taken a significant step in this direction by submitting an ordinance to the City Clerk’s office. The ordinance urges the City Council to place a referendum on the November ballot. This referendum would allow voters to decide whether taxpayer dollars should be used to fund the construction projects for the proposed stadiums. Quinn emphasizes the importance of granting Chicago residents a voice in such decisions.

Public Sentiment and Poll Results

Quinn commissioned a poll through Blueprint Polling before filing the ordinance. The results revealed that 65% of voters opposed taxpayer subsidies, with only 25% in favor and the rest undecided, according to NBC Chicago. This indicates a significant level of skepticism among the public regarding the use of taxpayer money for stadium construction.

Financial Plans and Uncertainties

While Chicago Bears executives have pledged a substantial $2 billion investment into their stadium project, the source of the remaining funding remains uncertain. On the other hand, White Sox Chairman Jerry Reinsdorf has engaged in discussions with lawmakers in Springfield, aiming to secure $1 billion in state funding for their proposed stadium.

Upcoming Presentation to City Council

The proposal for the referendum is slated to be presented to City Council members and Mayor Brandon Johnson on April 17th. This presentation marks a crucial step in the process, where local authorities will have the opportunity to deliberate on the matter and potentially decide on the future of stadium funding in Chicago.

#Chicago#Government#Entertainment
Published: Apr 10, 2024Last updated: April 15, 2024