Missouri Rushes to Pass Chiefs, Royals Incentives
Missouri Rushes to Pass Chiefs, Royals Incentives

Missouri Rushes to Pass Chiefs, Royals Incentives

News summary

Missouri lawmakers, with backing from Governor Mike Kehoe, are urgently advancing a legislative package to keep the Kansas City Chiefs and Royals in the state by offering bonds for up to half the cost of new or renovated stadiums, potentially exceeding $3 billion, and up to $50 million in tax credits. The push comes as Kansas has already authorized bonds covering up to 70% of stadium costs and amid heightened urgency following Jackson County voters' rejection of a stadium sales tax. The legislation does not require teams to select a specific stadium location, keeping options open in downtown Kansas City or North Kansas City. The Chiefs and Royals' stadium leases expire in 2031, increasing the stakes for Missouri to act before the legislative session ends on Friday. The bill, already passed by the House, faces resistance in the Senate, where opponents argue it favors wealthy owners over other state needs. The outcome will determine whether Missouri can compete with Kansas' aggressive efforts to lure the teams across the state line.

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