The Chicago Bears’ stadium negotiations center on long-term site selection between their owned Arlington Heights property in Illinois and Hammond, Indiana, with no finalized deal or construction timeline pointing to an immediate departure. As of mid-August 2026, team leadership described communications with Illinois lawmakers as minimal while advancing due diligence on Hammond sites, following the Illinois legislature’s failure to pass property-tax or financing legislation during the spring session. The Bears retain a Soldier Field lease through 2033 and have signaled any new venue would open around 2031, making physical relocation of operations or home games by year-end highly improbable regardless of eventual choice. Recent on-field developments, including roster health and performance under head coach Ben Johnson, have no bearing on the multi-year political and financing process. Trader pricing reflects this extended horizon and the absence of any trigger for an accelerated exit.