Bears Sue Company Over Unpaid Skybox Lease | Athletic Business

Bears Sue Company Over Unpaid Skybox Lease

The Chicago Bears are suing a company that has allegedly failed to pay for a Soldier Field skybox.

According to the Chicago Sun-Times, the Bears organization filed a lawsuit against Monterrey Security Consultants, which owes more than $44,000 in fees, taxes and accrued interest for the executive suite it agreed to license from the team in March of last year. 

Monterrey signed on for a $121,299 license, which covered both the 2017 and 2018 seasons. The license fee would increase every subsequent year until it expired in 2023.

Back in February, Monterrey agreed to pay the fee and nearly $15,000 in taxes in two equal installments that were due March 15 and June 15. The company paid $69,625 but has yet to cover the remaining balance 

In all, the Bears are seeking $700,000 from Monterrey to cover unpaid fees, taxes and interest for this season and the following five included the in agreement. 

Monterrey handles security services at various stadiums and events.

AB Show 2023 in Baltimore
AB Show is a solution-focused event for athletics, fitness, recreation and military professionals.
Nov 1-4, 2023
Learn More
AB Show
Buyer's Guide
Information on more than 3,000 companies, sorted by category. Listings are updated daily.
Learn More
Buyer's Guide