I very much doubt that Chicago is going to be the last minority-dominant Blue city to lose its professional sports franchise. This is nominally about economics, but it’s actually about immigration and demographics.
Chicago lost the Bears this week. A team that’s been in the city since 1921.
They didn’t lose them to a bigger market or a better deal. The Bears decided they’d rather be a tenant in Indiana than deal with Illinois for one more year. Think about how badly you have to run a place for that to be the smart move. They lost them for two reasons. The people running Illinois would rather villainize a builder than keep one. And they’re bad at their jobs.
In 2021 the Bears spent $197M on the old Arlington Park racetrack. Before they could break ground, Cook County valued the empty lot at $192M (Bears said $60M). They were salivating at the chance to extort a building that didn’t even exist yet. That fight dragged on for years.
The Bears were ready to put $2B into the stadium. All they wanted was a promise the county wouldn’t reassess them into oblivion, plus $855M for infrastructure everyone uses. Roads, transit, utilities. A $3B project, two thirds of it private money pouring into Illinois. Springfield had since 2021 to get this done. They dragged it to the final night of session, passed it through the Senate at 3:39AM, and the House went home without voting. So now it’s all gone.
The funniest part? This started because Cook County tried to grab the tax early. They knew a built stadium would pay $53M a year. Now they get under $4M on a vacant lot. No jobs, no buildout, no new anything. Congrats on fighting for scraps and losing the whole prize.
Pritzker: they’re “an $8.5B valued business” that doesn’t need propping up. But be smart for a second. Almost every NFL city throws in public money for a stadium. Not charity. The return is real. Tourism, hotels, restaurants, jobs, game days, property tax on a huge development. The math works. Indiana did the math. While Illinois sat on it for years, Indiana passed a bill in months, put up $1B, and took the team. And the Bears took a worse deal to get there. In Illinois they were going to own their stadium. In Indiana they rent it from the state. A team that wanted to build its own home gave up ownership just to escape Chicago.
Nobody won but Indiana. The Bears lost their stadium. Illinois lost the team, the $2B, and $53M a year in taxes.
Pritzker after they left: “I wasn’t willing to give up billions of dollars of taxpayer money to give it to a billionaire-owned family or team.” There it is. “Billionaire-owned.” That’s how Democrats talk about any business right before they run it out of town. Call them a billionaire, act like you’re saving working families, take a victory lap while the tax base drives across the state line. Meanwhile they’re running the whole state into the ground. And you already know how this ends. You’re living in it. Pensions are $143B in the hole, worst in the country and not close. You pay $6,285 a year in property taxes, double the $2,969 national average, for a city that’s $1.15B in the red. The mayor called its finances “the point of no return.”
When you run things this badly, you sell what’s left.
They leased the parking meters for 75 years to Morgan Stanley and a sovereign wealth fund in Abu Dhabi. Took $1.15B and burned through it in two years. The investors already made it all back, with 58 years left to collect. Sold the Skyway. Sold the downtown garages. Every asset that made money, gone for one check. But a fixed property tax rate for a team that’s been here 106 years? That’s “propping up billionaires.”
Companies are leaving. Boeing for Virginia. Caterpillar for Texas. Citadel for Miami. In 2023 alone Illinois lost 56,000 people and $6B in income to other states. The ones who left earned a third more than the ones who moved in.
Indiana didn’t outbid anyone. AAA credit, 16 years straight. A $676M surplus. Fourth-lowest debt per person in the country. They just weren’t a disaster. Illinois could have collected $53M a year. It chose zero.
Immigrants and minorities are intrinsically parasitical in Western societies. This isn’t to say they can never be beneficial in certain circumstances, or that they are inevitably negative, but they can never be, in the favored language of the AI systems, “load-bearing”.
There are no societal systems as such. The Chinese implement communism very, very differently than Russian, or German, or South American communists. So changing the demographics necessarily means changing the societal structure and the society itself. Different peoples have different priorities, as they should and as they always will; no one would ever mistake the way Real Madrid and FC Barcelona are run for an NFL operation.
NIL is going to compound this effect. Already universities in California are suffering badly in the recruiting process because no 18-year-old athlete wants to throw away 13.3 percent of his income. The Big 10 schools are presently riding high because their massive alumni bases allow them bigger budgets, but it won’t be long before the state income taxes begin to penalize them as well.
Chicago may be the first to lose its professional sports team over taxes, but it will not be the last.
