Geoff Buchholz

And we are waiting for the Indiana Senate to gavel in.

They were supposed to gavel in about 40 minutes ago.

They pushed back their start time.

And we are expecting them to give final approval to the stadium authority bill in Indiana.

That's the bill that sets up

the ability for the state of Indiana to build a stadium for the Bears, which the team would then rent with an option to buy.

Chicago has to be made whole.

The representative has been super clear about that.

He said that again after the hearing to reporters in Springfield.

That's not part of this bill.

This is the megaprojects bill.

This covers the entire state of Illinois.

It is his expectation that an equity package or something like that will be worked out in time.

He said to reporters this afternoon, and I have not heard this number before, the Bears initially have, within the last couple of weeks, had offered –

$25 million to the city of Chicago.

He described that as being asinine, I believe was the term he used.

And it's offered as a counter the amount of money that the Haslam family is giving the city of Cleveland so that it can leave its stadium in the city to go out to the suburbs, which I think is more like $100 million.

It was $100 million.

So I suspect that's where they are in those negotiations.

And that doesn't even count the half a billion dollars that's still owed on the 2003 renovations of Soldier Field.