Agree public assets vs private assets. So are the Bears prepared to go as guarantor like the Dolphins to get a team that carries their brand?Not all expansion bids are comparable. Dolphins is a privately owned entity with privately owned assets which if sold, affects no one but the Dolphins.
Their value is very much determined by their assets and they have the ability to offset and use said assets as collateral should the worst happen.
You cannot compare them to WA or PNG or NZ. Commercially, they are worlds apart.