Chiefs, Royals and Missouri
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The legislative package includes hundreds of millions of dollars in financial aid as the Chiefs looks to renovate Arrowhead Stadium and the Royals look to build a new ballpark.
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A $1.5 billion stadium funding plan aimed at convincing the Kansas City Chiefs and Royals to stay in Missouri was signed into law Saturday afternoon by Gov. Mike Kehoe shortly before his trip to France on a trade mission.
The Missouri House voted to set aside $1.5 billion in future tax revenue to finance stadium projects and provide $125 million in disaster aid.
In promoting his bill to fund professional sports stadiums, Missouri Republican state Sen. Kurtis Gregory warned about the potential hit to jobs and tax revenues if the state were to lose a team.
Via the Kansas City Star, the Missouri House passed its version of ... While there’s still work to be done, this legislation enables the Chiefs to continue exploring potential options to consider remaining in Missouri.” That’s hardly a “thank ...