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Frank Coztansa
PostPosted: Thu Jul 06, 2023 11:04 am 
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Nas wrote:
Caller Bob wrote:
If they don't do AH, then they will have to sell the land, most likely at a huge loss. A loss bigger than any tax dispute.


MANY don't believe they'll take a loss on the land. Either way, they would write it off.
Write it off what?

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Crystal Lake Hoffy
PostPosted: Thu Jul 06, 2023 11:07 am 
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Frank Coztansa wrote:
Nas wrote:
Caller Bob wrote:
If they don't do AH, then they will have to sell the land, most likely at a huge loss. A loss bigger than any tax dispute.


MANY don't believe they'll take a loss on the land. Either way, they would write it off.
Write it off what?


Your mom

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Tall Midget
PostPosted: Thu Jul 06, 2023 11:11 am 
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Seacrest wrote:
Brick wrote:
They'll come to an agreement and Arlington Heights will happen.


I wouldn't place a bet on that.


Isn't this whole spectacle Warren's heavy-handed approach to negotiating some kind of deal sweeteners with AH?

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This Ends in Antioch
PostPosted: Thu Jul 06, 2023 11:21 am 
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Tall Midget wrote:
Seacrest wrote:
Brick wrote:
They'll come to an agreement and Arlington Heights will happen.


I wouldn't place a bet on that.


Isn't this whole spectacle Warren's heavy-handed approach to negotiating some kind of deal sweeteners with AH?

I think he’s doing a slightly better version of the Ricketts thing, wherein Todd acted like Wrigley could be relocated to Rosemont while also publicly saying he’d never move out of Wrigley.

It’s AH or nothing. Their tax issues are cook county issues, and cook county is so damn big it’s impossible to find a realistic alternative without relocating 50 miles away.

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BigW72
PostPosted: Thu Jul 06, 2023 11:25 am 
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Seacrest wrote:
Brick wrote:
They'll come to an agreement and Arlington Heights will happen.


I wouldn't place a bet on that.

I would.
3 Scenarios Play Out:
1) Finalize a deal with Cook County and AH and move there as planned.
2) Back to the city they go and the Bears do NOT own their own stadium.
3) Buy and build in Lake or DuPage County.

Option 3 would likely be the most tax-friendly for the Bears, but they are going to lose out on the non-Football revenue streams of the property.

This is public negotiation....all signs still point to AH being the best financial win for the Bears.

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Nardi
PostPosted: Thu Jul 06, 2023 11:25 am 
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3D chess

We were told he's a whiz kid. So now he has to whiz kid things.
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This Ends in Antioch
PostPosted: Thu Jul 06, 2023 11:26 am 
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Nardi wrote:
3D chess

We were told he's a whiz kid. So now he has to whiz kid things.

Like file straightforward tax paperwork.

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Caller Bob
PostPosted: Thu Jul 06, 2023 11:30 am 
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BigW72 wrote:
Seacrest wrote:
Brick wrote:
They'll come to an agreement and Arlington Heights will happen.


I wouldn't place a bet on that.

I would.
3 Scenarios Play Out:
1) Finalize a deal with Cook County and AH and move there as planned.
2) Back to the city they go and the Bears do NOT own their own stadium.
3) Buy and build in Lake or DuPage County.

Option 3 would likely be the most tax-friendly for the Bears, but they are going to lose out on the non-Football revenue streams of the property.

This is public negotiation....all signs still point to AH being the best financial win for the Bears.


Options 2 and 3 include taking massive losses on the property they just bought so there really is only option 1
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Nas
PostPosted: Thu Jul 06, 2023 11:33 am 
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I'm not sure what Warren is doing, but if it leads to the beloved staying in Chicago, I'll consider it a win. Hopefully, someone educates him on Cook County politics.

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Nardi
PostPosted: Thu Jul 06, 2023 11:39 am 
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This Ends in Antioch wrote:
Nardi wrote:
3D chess

We were told he's a whiz kid. So now he has to whiz kid things.

Like file straightforward tax paperwork.

Did it on purpose. Higher dimensional thinking that we can't yet grasp.
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BigW72
PostPosted: Thu Jul 06, 2023 11:59 am 
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Caller Bob wrote:
BigW72 wrote:
Seacrest wrote:
Brick wrote:
They'll come to an agreement and Arlington Heights will happen.


I wouldn't place a bet on that.

I would.
3 Scenarios Play Out:
1) Finalize a deal with Cook County and AH and move there as planned.
2) Back to the city they go and the Bears do NOT own their own stadium.
3) Buy and build in Lake or DuPage County.

Option 3 would likely be the most tax-friendly for the Bears, but they are going to lose out on the non-Football revenue streams of the property.

This is public negotiation....all signs still point to AH being the best financial win for the Bears.


Options 2 and 3 include taking massive losses on the property they just bought so there really is only option 1

That is incredibly valuable property. It could be subdivided and sold for quite possibly more than the Bears paid.

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Caller Bob
PostPosted: Thu Jul 06, 2023 12:01 pm 
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BigW72 wrote:
Caller Bob wrote:
BigW72 wrote:
Seacrest wrote:
Brick wrote:
They'll come to an agreement and Arlington Heights will happen.


I wouldn't place a bet on that.

I would.
3 Scenarios Play Out:
1) Finalize a deal with Cook County and AH and move there as planned.
2) Back to the city they go and the Bears do NOT own their own stadium.
3) Buy and build in Lake or DuPage County.

Option 3 would likely be the most tax-friendly for the Bears, but they are going to lose out on the non-Football revenue streams of the property.

This is public negotiation....all signs still point to AH being the best financial win for the Bears.


Options 2 and 3 include taking massive losses on the property they just bought so there really is only option 1

That is incredibly valuable property. It could be subdivided and sold for quite possibly more than the Bears paid.


Debatable. Commercial real estate isn't really hot right now.
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Seacrest
PostPosted: Thu Jul 06, 2023 12:17 pm 
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BigW72 wrote:
Seacrest wrote:
Brick wrote:
They'll come to an agreement and Arlington Heights will happen.


I wouldn't place a bet on that.

I would.
3 Scenarios Play Out:
1) Finalize a deal with Cook County and AH and move there as planned.
2) Back to the city they go and the Bears do NOT own their own stadium.
3) Buy and build in Lake or DuPage County.

Option 3 would likely be the most tax-friendly for the Bears, but they are going to lose out on the non-Football revenue streams of the property.

This is public negotiation....all signs still point to AH being the best financial win for the Bears.


Now, name the county or state politician that wants the Bears to win in AH.

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Seacrest
PostPosted: Thu Jul 06, 2023 12:19 pm 
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Pritzker is trying to stick it to the Bears.

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Nas
PostPosted: Thu Jul 06, 2023 12:32 pm 
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Seacrest wrote:
Pritzker is trying to stick it to the Bears.


Why? They don't help his political ambitions?

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Nardi
PostPosted: Thu Jul 06, 2023 12:34 pm 
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Seacrest wrote:
Pritzker is trying to stick it to the Bears.

That guy is disgustingly obese. There's no way that 5 ft belt is holding his pants up. How does he really do it?
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This Ends in Antioch
PostPosted: Thu Jul 06, 2023 12:44 pm 
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Nardi wrote:
Seacrest wrote:
Pritzker is trying to stick it to the Bears.

That guy is disgustingly obese. There's no way that 5 ft belt is holding his pants up. How does he really do it?

It’s old-timey carnival grotesquerie. 150 years ago he’d have been displayed across the country in a big tent holding a loaf of bread or a turkey leg; now he’s issuing public health mandates.

What a world.

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Caller Bob
PostPosted: Thu Jul 06, 2023 12:47 pm 
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His metabolism is all fucked up. What is his daily diet like?
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Hawg Ass
PostPosted: Thu Jul 06, 2023 1:14 pm 
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Caller Bob wrote:
His metabolism is all fucked up. What is his daily diet like?

See it and eat it

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Nas
PostPosted: Thu Jul 06, 2023 1:18 pm 
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Hawg Ass wrote:
Caller Bob wrote:
His metabolism is all fucked up. What is his daily diet like?

See it and eat it


:lol: :lol:

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BigW72
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Seacrest wrote:
Pritzker is trying to stick it to the Bears.

Clearly the City of Chicago is trying to stick it to the Bears and they are using Pritzker and/or the Cook County Assessors Office to do so.

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KDdidit
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I think JB had some work done, he looked noticeably less fat (though still huge) in the pride parade. Probably felt he needed to for a presidential run.
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Nas
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KDdidit wrote:
I think JB had some work done, he looked noticeably less fat (though still huge) in the pride parade. Probably felt he needed to for a presidential run.


He'll be as small as Al Sharpton in 2 years.

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Nardi
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Nas wrote:
KDdidit wrote:
I think JB had some work done, he looked noticeably less fat (though still huge) in the pride parade. Probably felt he needed to for a presidential run.


He'll be as small as Al Sharpton in 2 years.

Not. A. Chance. Fatty knows, I know, everybody knows that Gastric Band Surgery will end up killing him. He'll blow his fucking guts out and the rubber band with it.
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Curious Hair
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Frank Coztansa wrote:
Nas wrote:
Caller Bob wrote:
If they don't do AH, then they will have to sell the land, most likely at a huge loss. A loss bigger than any tax dispute.


MANY don't believe they'll take a loss on the land. Either way, they would write it off.
Write it off what?

All these big football teams, they write off everything.

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Beardown
PostPosted: Thu Jul 06, 2023 7:28 pm 
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They bought it for 200 million. They’ll be able to get that back. But only after years of paying taxes on it. So yeah, after about 5 years, once they can’t get this done, it will be a loss. But they’ll get 200 million back.

I said it at the beginning. The mccaskeys won’t get this done. In 5 years, once they realize they can’t do it, they’ll sell the bears with this land and the new owner will get it done.
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Frank Coztansa
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Curious Hair wrote:
Frank Coztansa wrote:
Nas wrote:
Caller Bob wrote:
If they don't do AH, then they will have to sell the land, most likely at a huge loss. A loss bigger than any tax dispute.


MANY don't believe they'll take a loss on the land. Either way, they would write it off.
Write it off what?

All these big football teams, they write off everything.
And half of them have heart problems!

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This Ends in Antioch
PostPosted: Thu Jul 06, 2023 7:37 pm 
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Whoops.

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Hate to tell ya this "Amigo", but that is sort of the essence of how life works.
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a retard
PostPosted: Fri Jul 07, 2023 7:14 am 
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JB's wife is not exactly tiny either.

Image

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Seacrest
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Nas wrote:
Seacrest wrote:
Pritzker is trying to stick it to the Bears.


Why? They don't help his political ambitions?



They couldn't be more different politically and personally.

And he also gets to even some old scores for some friends.

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