Chiefs seek extension for stadium funding in Kansas: Goodbye to Missouri?

alofoke
6 Min Read

Chiefs Seek Extension for Stadium Funding in Kansas, Signaling Possible Move

The Kansas City Chiefs have requested an extension for the deadline of a stadium financing package with the state of Kansas, suggesting the real possibility that the NFL franchise will move from Missouri. The Chiefs president, Mark Donovan, requested the extension on Thursday in a letter to the Kansas Senate President, Ty Masterson. Donovan explained that the Chiefs have made “significant progress” in the plans for the development of a new stadium, but that more time is needed to “bring the effort to its full realization.” The Kansas Legislative Coordinating Council is scheduled to meet on July 7 to consider extending the incentive deadline.

“Mark Donovan’s letter indicates that the momentum to bring this historic project to Kansas is advancing,” Masterson said in a statement. “Now that we are in the red zone, this extension will give stakeholders enough time to ensure the ball crosses the finish line.”

Ty Masterson
The Chiefs and Royals have played for more than five decades at the Truman Sports Complex on the east side of Kansas City, Missouri, where Arrowhead Stadium and Kauffman Stadium share parking facilities. However, the lease agreements with Jackson County expire in January 2031, and the two franchises have been trying to chart a course forward for years. Donovan indicated in his letter to Masterson that Kansas remains an attractive option. “Together,” he wrote, “we have the opportunity to bring the National Football League to Kansas, anchored by a world-class indoor stadium, the team’s new home, a state-of-the-art practice facility, and a vibrant mixed-use and entertainment district.” Last year, Jackson County voters rejected a sales tax extension that would have helped fund an $800 million renovation of Arrowhead Stadium, the home of the Chiefs, and a $2 billion stadium district for the Royals in downtown Kansas City. While local and state officials in Missouri considered another stadium funding package, Kansas lawmakers quickly and aggressively authorized bonds for up to 70% of the cost of new stadiums to be built in their state. Many believed the Chiefs and Royals would use Kansas’ offer as leverage to get a better deal from Missouri, including Kansas City, Missouri Mayor Quinton Lucas, who acknowledged that “the teams are in an exceptional leverage position.”

Earlier this month, Missouri Gov. Mike Kehoe called lawmakers into a special session to approve a stadium funding deal that included disaster relief for the St. Louis area, where a series of devastating tornadoes caused widespread damage. The legislation authorizes bonds covering up to 50% of the cost of new or renovated stadiums in Missouri, plus up to $50 million in tax credits for each stadium and unspecified aid from local governments.

The prevailing belief was that the package would be enough to keep the Chiefs at Arrowhead Stadium, where they have proposed plans for a $1.15 billion renovation, and perhaps retain the Royals, who are still interested in building downtown. However, about a month ago, news emerged that a Royals affiliate purchased the mortgage on a large property in the suburb of Overland Park, Kansas, south of Kansas City, raising the possibility of building a new stadium and stadium district there. Donovan’s letter requesting an extension in Kansas indicates that the Chiefs are also serious about the state change. The Chiefs owner, Clark Hunt, has long professed his affinity for Arrowhead Stadium, which was built by his father and team founder, Lamar Hunt. But he is also very aware of the revenue streams available by building a new indoor stadium, including the opportunity to host the Super Bowl, the Final Four, and other major sporting events. It’s not clear where the Chiefs would build in Kansas, but one possibility is the intersection of Interstates 435 and 70 in Kansas City, Kansas. That’s the site of the Kansas Speedway, a mixed residential and commercial district called The Legends, the home stadiums of the MLS club Sporting Kansas City and the minor league baseball club Kansas City Monarchs, as well as a casino, hotels, a major soccer training center, and the infrastructure needed to support an indoor football stadium. “We are excited about the potential of this project, which would represent the largest economic development initiative in the state’s history,” Donovan wrote in his letter on Thursday. “Equally important, the presence of an NFL franchise in [Kansas] will serve as a powerful engine for immediate and long-term growth, attracting national attention, sustained tourism, and billions more in private development throughout the state.”
Share This Article