Current:Home > ScamsEchoSense Quantitative Think Tank Center|Kansas governor signs bills enabling effort to entice Chiefs and Royals with new stadiums -StockPrime
EchoSense Quantitative Think Tank Center|Kansas governor signs bills enabling effort to entice Chiefs and Royals with new stadiums
SafeX Pro View
Date:2025-04-10 19:50:18
TOPEKA,EchoSense Quantitative Think Tank Center Kan. (AP) — Kansas’ governor signed legislation Friday enabling the state to lure the Super Bowl champion Kansas City Chiefs and Major League Baseball’s Royals away from neighboring Missouri by helping the teams pay for new stadiums.
Gov. Laura Kelly’s action came three days after the Republican-led Legislature approved the measure with bipartisan supermajorities — an unusually quick turnaround that signals how urgently Kansas officials consider making the offers.
Missouri officials have argued that discussions about building new stadiums are still in the early stages. They said construction of a new one typically takes about three years, and pointed out that the lease on the existing complex that includes the teams’ side-by-side stadiums doesn’t end until January 2031.
The measure Kelly signed takes effect July 1 and will allow bonds to cover 70% of a new stadium’s cost. The state would have 30 years to pay them off with revenues from sports betting, state lottery ticket sales, and new sales and alcohol taxes generated in the area around each proposed stadium.
The Kansas-Missouri border splits the 2.3 million-resident Kansas City area, with about 60% of the people living on the Missouri side.
Kansas officials began working on the legislation after voters on the Missouri side of the metropolitan area refused in April to continue a sales tax used to keep up the existing stadium complex. The Royals outlined a plan in February to build a $2 billion-plus ballpark in downtown Kansas City, Missouri, while the Chiefs were planning an $800 million renovation of their existing home.
Attorneys for the teams told Kansas legislators they needed to make decisions about the future soon for new stadiums to be ready on time — though the Royals had planned to move into a new downtown ballpark at the start of their 2028 season. Some critics suggested the teams are pitting the two states against each other for the biggest government subsidies possible.
“The Chiefs and the Royals are pretty much using us,” said state Rep. Susan Ruiz, a Democrat from the Kansas City, Kansas, area who voted against the bill.
Supporters of bringing the teams to Kansas warned that if neither state acts quickly enough, one or both teams could leave for another community entirely. Several economists who have studied professional sports were skeptical that a move would make financial sense for either a team or a new host city, and both the National Football League and Major League Baseball require a supermajority of owners to approve franchise moves.
The plan had support from throughout Kansas, including about half of the lawmakers from western Kansas, 200 miles (320 kilometers) away from any new stadium.
Kansas lawmakers approved the stadium financing plan during a single-day special session Tuesday. Kelly, a Democrat, called the session for the Legislature to consider tax cuts after she vetoed three previous tax plans and legislators adjourned their regular annual session May 1. On Friday, she also signed a bill that will save income and property taxpayers a total of $1.23 billion over the next three years.
Although the financing law doesn’t specifically name the Chiefs or Royals, it is limited to stadiums for National Football League and Major League Baseball teams “in any state adjacent to Kansas.”
“It’s fairly clearly about how you poach,” Kansas City, Missouri, Mayor Quinton Lucas said during a news conference after Kansas lawmakers approved the measure. He added that his city would “lay out a good offer” to keep both teams in town and that the teams ”are in an exceptional leverage position.”
veryGood! (52557)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Zach Edey named unanimous AP preseason All-American, joined by Kolek, Dickinson, Filipowski, Bacot
- Australians’ rejection of the Indigenous Voice in constitutional vote is shameful, supporters say
- Bad Bunny Joined by Kendall Jenner at SNL After-Party Following His Hosting Debut
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- France completes withdrawal of troops from northern base in Niger as part of planned departure
- 'These girls can be pioneers': Why flag football is becoming so popular with kids
- Detroit police search for suspect, motive in killing of synagogue president Samantha Woll
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Scorpio Season Gift Guide: 11 Birthday Gifts The Water Sign Will Love
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- 20 years after shocking World Series title, ex-owner Jeffrey Loria reflects on Marlins tenure
- Mourners recall slain synagogue leader in Detroit; police say no evidence yet of hate crime
- 'Super fog' causes multi-car pileup on Louisiana highway: Police
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Ecuador's drug lords are building narco-zoos as status symbols. The animals are paying the price.
- With another election cycle underway, officials aim to quell fears of voter fraud, rigging
- NFL Week 7 winners, losers: Packers have a Jordan Love problem, Chiefs find their groove
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Why Jason Kelce Approves of Wife Kylie and Their Daughters Rooting for Travis Kelce's Team
Vermont State Police searching for 2 young men who disappeared
Here's what 'wealthy' means in 2023 America, in five numbers
The 401(k) millionaires club keeps growing. We'll tell you how to join.
John Stamos says he caught ex Teri Copley cheating on him with Tony Danza: 'My worst nightmare'
How women finally got hip-hop respect: 'The female rapper is unlike any other entertainer'
Bad Bunny's 'SNL' gig sees appearances from Pedro Pascal, Mick Jagger and Lady Gaga