The Bears are the latest NFL team to be in the market for a new stadium. Their lease at Soldiers Filed runs through 2033. The city seems to think they have them locked in place until then, but the team feels differently.
They have placed a bid on Arlington Park, a 326 acre property in Arlington Heights currently occupied by a horse racing track.
The Bears appear willing to break their lease which would result in a $84 million penalty starting in 2026, the first year that a stadium could be open by.
With a franchise value of $3.5 billion, the financial penalty would be a drop in the bucket compared to the future value of the team with a new stadium.
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