Will the Chicago Pro Football Team relocate to Indiana by the first game of the 2028 Pro Football regular season?

Prediction markets currently give a 36% probability that Will the Chicago Pro Football Team relocate to Indiana by the first game of the 2028 Pro Football regular season?. This contract trades at 36¢ on Kalshi, closing September 7, 2028. The 34¢ price reflects a low-probability relocation scenario, but the extremely high realized volatility of 377% and elevated info arrival rate of 1.1/hour suggest significant uncertainty and active debate around this outcome.

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36¢
Bid/Ask 31/37¢·Spread 6¢·Vol $1,316.65·OI $46,137.5·Closes Sep 7, 2028·869d remaining
KXRELOCATIONCHI-28-IND
7-day price286 snapshots · 33 regime
40¢31¢ current
Apr 88¢Apr 21

Analysis

4d ago

The 34¢ price reflects a low-probability relocation scenario, but the extremely high realized volatility of 377% and elevated info arrival rate of 1.1/hour suggest significant uncertainty and active debate around this outcome. The asymmetric implied yields (97.4% for Yes vs. 17.9% for No) indicate Yes holders face substantially higher capital risk, which combined with the 4.03 vol ratio points to occasional sharp price spikes driven by news events rather than sustained conviction. With $43.5K open interest but only $301 in 24-hour volume, liquidity is thin relative to the position size, creating potential execution challenges for larger trades.

Resolution rules

If the Chicago Pro Football Team relocate or officially announce a relocation to Indiana by the first game of the 2028 Pro Football regular season, then the market resolves to Yes.

Indicators

IY (Yes) 102.8%
IY (No) 17.2%
Adj IY 51%
CRI 2
▶ Full indicator table (4)
IndicatorValue
IY (Yes)102.8%
IY (No)17.2%
Adj IY51%
CRI2

Regime

Label
neutral
Score
0.409
Spread
6¢
Computed
4/21/2026, 9:30:50 PM
Observability mediumEvent type political
Indicators computed 4/21/2026, 9:23:17 PM

Trade

View on kalshisf trade KXRELOCATIONCHI-28-IND yes 100

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