Chicago Bears look for public financing in building a new stadium

(The Center Square) – The Chicago Bears on Wednesday unveiled details about a proposed new stadium complex on the lakefront in which the NFL team will seek taxpayer funding, something that is not sitting well with Illinois’ governor and legislative leaders.

The team is planning to build a state-of-the-art, domed lakefront stadium near Soldier Field, its current stadium. The Bears said they’d provide over $2 billion for the project, which they said would cover over 70% of the costs. But projections put the total price tag at around $4.7 billion.