Personal seat license owners could be out of thousands if Bears move to Arlington Heights

PSL owners could be out of thousands if Bears move to Arlington Heights
Sep 19, 2021; Chicago, Illinois, USA; Chicago Bears fans celebrate a touchdown against the Cincinnati Bengals during the first quarter at Soldier Field. Photo credit Jon Durr-USA TODAY Sports

CHICAGO (WBBM NEWSRADIO) — People who paid as much as $50,000 for personal seat licenses at Soldier Field could find their investments worthless should the Chicago Bears move to Arlington Heights.

Personal seat licenses, also known as permanent seat licenses, along with taxpayer dollars paid for the renovation of Soldier Field and are nontransferable if a team moves.

The Bears agreement said the license terminates at the end of the final home game of the last season in which the team plays home games in the stadium.

Marc Ganis, the president of Sportscorp, a Chicago-based sports consulting firm, told the Chicago Tribune seat license revenue would be a vital part of funding a new Bears stadium.

He said there would not be continuing rights for those with Soldier Field PSLs but having a right and doing what's right, he said, can sometimes be two different things.

And those loyal fans would expect something more than a bobblehead, as one put it.

Though the Bears said it's too soon to talk about that, the topic remains one of the many things on the minds of Bears fans.

Featured Image Photo Credit: Jon Durr-USA TODAY Sports