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BEARS SAY SOLDIER FIELD PLAN IS DEAD; DALEY WON'T BUDGE
Published December 14, 1995
Chicago Mayor Richard Daley's plan to renovate Soldier Field is "dead" because it does not provide the team with enough revenue to stay competitive, according to team officials cited in this morning's CHICAGO SUN-TIMES. The Bears say they will now turn their attention toward a Gary, IN, stadium proposal. Bears VP/Ops Ted Philips: "We're walking away with way too much risk (at Soldier Field) and we're going to walk away, period." Daley: "We're staying with $60 million plus $28 million ( in state infrastructure money) and we can discuss anything within that financial package. That's it." Philips said the Bears have no intention of resuming talks with the city unless Daley increases the $60M offer and lowers a $17M annual payment from the Bears. Colleen Dykes, spokesperson for Gary's proposed $482M Planet Park project, said the Bears' statements mean "Merry Christmas, Indiana." Dykes said they now hope to sign a "memorandum of understanding" with Bears President Mike McCaskey by December that states if the Lake County council approves a countywide income tax, "the Bears will come" (Fran Spielman, CHICAGO SUN- TIMES, 12/14). The