Stadium Update: Where things stand with Arlington Heights.

JABF--- I assume these are recent videos?

So, IMO, one of two things is going on.

1) They are bringing down the tax on the property to either sell it, keep it as a second option, or develop it for something other than a stadium. In other words to bring down the cash that is currently flowing into it in order to keep their powder dry

2) They are planning to move forward with the AH site if provided with the tax/infrastructure they are looking for

My bet is the second, but it is still not inconceivable that they are going to proceed on two fronts with the priority being the lakefront and only moving towards the AH site if all options fall through

Now, if I was AH, I would provide the tax incentives as some sort of package that was only provided if the Bears actually build their stadium there. It is meant to provide growth to the community and only done on this basis, blah, blah,blah. And then provide a time frame for construction and then make any provided incentives null and void back to the date they were provided. In other words, so the Bears do not get taxes lowered so as to make the property more attractive for sale and then get out from under it. If they do that, then all tax savings would be due prior to being able to sell the property.

But this does sound good and hopefully has been posturing all along. The Michael Reese thing sure was a weak try at posturing. And they definitely have been trying to work a deal with the city. I still believe that it is Warrens first choice, but I am now hopeful that he understands it is not going to happen. Of course it could have been posturing from the very beginning. Lets see what happens. By now the school districts have understood that the Bears aren't now going to be the gravy train the want them to be unless they get what they want and it becomes a win-win instead of a one-sided situation.