Oh boy....... You better hope it's just the bearing. What happens is when you let the bearings get contaminated or go to long before changing/greasing/adjusting them, you start wearing out other things. Most likely you have worn out the OD of the pivot stud welded onto the SX swingarm. It is not adjustable and cannot be fixed unless you make up a jig that gets everything perfectly square and make up a new one in a lathe for it then mig weld it on. You will need a new/used swinger so look on EBAY but brighten the picture and look for a good pivot stud and very little scoring in the seal are. Once the seal area is scored then even new seals don't help and water gets in there. I have tossed at least 3 swingarms due to this problem.
Forget the tool, they are usually too tight and rusted in there for the tool to work anyhow - get out the punch and
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All our government does is distract us while they steal from us, misspend our tax $ and ruin our country