Kansas Lawmakers Approve Plan to Attract Chiefs and Royals from Missouri
Kansas Lawmakers Approve Plan to Attract Chiefs and Royals from Missouri
Kansas Lawmakers Approve Plan to Attract Chiefs and Royals from Missouri
News summary

Kansas lawmakers have approved a bipartisan plan to lure the Kansas City Chiefs and Royals from Missouri by financing new stadiums and practice facilities with state bonds covering up to 70% of the costs. The proposal, which now heads to Governor Laura Kelly, aims to leverage revenues from sports betting, state lottery ticket sales, and new sales and alcohol taxes from surrounding entertainment districts to repay the bonds over 30 years. This effort follows Missouri voters' refusal to extend a local sales tax for stadium upkeep, opening the door for Kansas. While academic studies suggest such projects often fail to deliver promised economic benefits, Kansas officials are optimistic about the potential job creation and economic boost. Both teams have expressed interest in exploring the Kansas option.

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101 days ago
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