The Bears might be going all in on Arlington Park.
In a dramatic raising of the stakes with the city of Chicago and its Park District over changes it is seeking at Soldier Field, the storied NFL franchise announced Wednesday it has signed a purchase and sale agreement with Churchill Downs Inc. to acquire Arlington Park.
The 326-acre parcel of land north of the city has been used for horse racing for nearly a century. A CDI filing with the Securities and Exchange Commission Wednesday morning indicated the sale price to the Bears would be $197.2 million.
