Sears bankruptcy may turn arena naming rights into a naming wrong 10/23/2018 The village of Hoffman Estates penned a $1.8 million deal to extend the arena’s naming rights just days before Sears’ bankruptcy filing. TAGS: bankruptcy, Hoffman Estates, Sears, Sears Centre
Sears files for bankruptcy despite decades of Illinois tax breaks By Janelle Cammenga 10/16/2018 Sears, a long-time beneficiary of Illinois tax credit programs, has filed for Chapter 11 bankruptcy. TAGS: bankruptcy, EDGE: Economic Development for a Growing Economy, pensions, Sears, Sears Centre, tax credits
Hoffman Estates has sunk $87.6M into unprofitable Sears Centre By Eddie Damstra 09/26/2018 The village of Hoffman Estates took over Sears Centre Arena in 2009, but the multi-purpose stadium has yet to turn an annual profit on its own. TAGS: Hoffman Estates, property taxes, Sears Centre, taxes