Could the Chicago Bears Franchise Be For Sale?

One of the oldest and most prestigious franchises in the NFL, the Chicago Bears, could go up for sale due to an “internal strife” in its current ownership, the McCaskey family, the Daily Herald’s Jim O’Donnell reports.

The Bears have been in the Halas family for five generations, and the team’s principal owner is Virginia Halas McCaskey, the daughter of George Halas. She is 98, and has allowed her son, George H. McCaskey, to serve as chairman of the team, Yahoo Sports reports.

O’Donnell didn’t expand on which members of the McCaskey family are at odds over the decision to sell the team, but the Daily Herald article suggests that Virginia does not want to sell the team.

Virginia McCaskey is the oldest and the longest-tenured team owner in the league, but the Daily Herald reports the team could be on the market soon.

There are three main suitors for the Bears that O’Donnell mentions: Jeff Bezos, Neil Bluhm and Pat Ryan.

Both Bluhm and Ryan have a bigger connection to the Bears than Bezos has, and other individuals would probably express interest if the team were officially up for sale.

Ryan already co-owns 19.7% of the team and has one of the first options to buy up McCaskey stock if any family members decide to sell, O’Donnell said. Bluhm tried to buy that 19.7% share in 1987-88, but the team blocked the sale and instead found Andy McKenna to partner with Ryan to buy the share. 

The Bears have not won a Super Bowl since 1985, but they are one of the most popular teams in the league. 

Written by Megan Turner

Megan graduated from the University of Central Florida and writes and tweets about anything related to sports. She replies to comments she shouldn't reply to online and thinks the CFP Rankings are absolutely rigged. Follow her on Twitter and Instagram.

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  1. I have been a Bears fan my entire life. I welcome the McCaskeys getting out of a business they only think they know something about. Just because George Halas family thinks they know squat, it is obvious they do not. Resurrect the franchise. Do the right thing McCaskeys. Get out of the football business, you don’t know squat, but think you do, which is a very stupid position to be in. Mark Twain said it. It applies in this situation, “It is not what we don’t know that gets us in trouble, it what we are sure we know, that just ain’t so, that gets us in trouble” No one can convince the McCaskeys they don’t know football, reality says otherwise.

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