A buyer should beware of a Bentley on sale for half price, says public finance analyst Geoffrey Propheter. So should the public on a sports stadium, Propheter says.
“With sports facilities, few lawmakers ever ask what’s behind the curtain,” Propheter, an associate professor at the University of Colorado Denver, told the Tribune. “They are so in love with what they see that they ignore what they can’t see.”
In February, Indiana lawmakers approved a plan to spend up to $1 billion to build an enclosed stadium in Hammond for the Chicago Bears. The team pledged to pay $2 billion toward building the stadium, and would then lease the site but collect all of the operating revenue.
The Chicago Tribune
By Robert McCoppin | rmccoppin@chicagotribune.com | Chicago Tribune
PUBLISHED: July 14, 2026