'A long-term play': Outgoing ChicagoBears president doubles down on ask for public subsidies
Ted Phillips -- an accountant by trade who rose through the ranks in the Chicago Bears front office to become team president and CEO -- secured the deal for $432 million in state and city public financing for the $690 million renovation of Soldier Field two decades ago.
"It's a long-term play," Phillips said in an interview with the Daily Herald at Halas Hall last Tuesday after his successor Kevin Warren's introductory news conference. by signing up you agree to our terms of service But amid increasing resistance among state lawmakers for any Bears public subsidies, Phillips admitted, it's a"heavy lift."
Phillips was asked if the team could just build the privately financed stadium -- which would cost at least $1 billion alone -- without anything else.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix Eyeing More Opportunities To Introduce Live Programming But Sports Not Yet Profitable, Ted Sarandos SaysOn the heels of the announcement that Netflix would stream the SAG Awards beginning in 2024, co-CEO Ted Sarandos spoke more about the streamer’s approach to live programming during Thursday&…
Read more »
Did Trump's Tax Returns Reveal He Claimed Ted Cruz as Dependent?A routine review of content labeled satire.
Read more »
Bears Free Agency Primer: Potential Targets to Bolster TrenchesIn our first Bears free-agency primer, we look at potential targets at defensive tackle, offensive tackle, and interior offensive line.
Read more »
US Dollar Price Analysis: DXY bulls and bears battle it out at a critical junctureThe US Dollar was pressured on Thursday in non-directional markets but was weighed by US disinflationary data despite hawkish rhetoric from the Federa
Read more »
How Chicago's Mayoral Candidates Would Approach Bears' Stadium SituationDuring a televised debate Thursday night, the nine candidates running to be Chicago mayor were asked whether they would fight to keep the Bears in the city.
Read more »