The Chicago Bears' century-long presence in their namesake city appears over, with traders pricing a "do not relocate" outcome at just 10¢, down from 45¢. The Bears declared Thursday they have "exhausted every opportunity to stay in Chicago" with "not a viable site in the city," focusing solely on Arlington Heights and Hammond, Indiana.

The team could get its answer before month-end as the Illinois General Assembly has until May 31 to pass a state budget, with the Bears' stadium incentives a major part of those talks. The market implies overwhelming confidence the franchise will abandon Chicago after 103 years in the city, having played at Wrigley Field from 1921-1970 and Soldier Field since, driven by the need for a larger, owned stadium versus renting the NFL's smallest venue.