"Soldier Field is the only name for this stadium," Mayor RichardM. Daley said at a joint press conference. "Soldier Field willalways be."
Veterans groups had strongly objected to the selling of namingrights for the lakefront stadium named in honor of World War Iveterans. Daley had threatened to pull the plug on the project,which will require the team to play its home games Downstate at theUniversity of Illinois in Champaign-Urbana for two seasons, if itpersisted in pushing to sell naming rights. The Illinois SportsFacilities Authority will start selling $399 million in bonds thisweek.
"At a time when all of America is making sacrifices, we believethat dropping the naming rights on Soldier Field is the right thingto do for everybody," says Bears President and CEO TedPhillips.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
