Sports

Should 'da Bears' be renamed to the 'City of Chicago Bears?'

How much do the Chicago Bears cost taxpayers? Good question.

Last Thursday, the Chicago Bears gave us another woeful evening national TV performance, losing miserably to the Packers 35-14.

Today, news arrived that Chicago would replace its starting quarterback Michael Glennon with rookie Mitchell Trubisky in the next game.

Swapping one millionaire for another. Earlier this year, Glennon reportedly signed a three-year contract with the Bears paying him $18 million a year guaranteed, and a $3 million signing bonus. Entering the season, Trubisky signed a contract reportedly paying him $29 million over the next four years, on top of a signing bonus of $19 million.

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Football teams have lots of other players besides quarterbacks, and they have lots of other expenses, too -- and profits, for their owners.

Who pays for this stuff? Granted, fans and commercials fork over a lot of dough, and very willingly.

Find out what's happening in Chicagofor free with the latest updates from Patch.

But how extensive are taxpayer subsidies – local, state, and federal – in professional sports?

You can read the rest of this post at truthinaccounting.org.