• Loading stock data...
Thursday, December 18, 2025

Kansas City Royals Owner Eyes New Stadium

Jay Biggerstaff-USA TODAY Sports/Design: Alex Brooks

The Kansas City Royals could be moving downtown in the next decade.

The team’s current lease at Kauffman Stadium ends in 2031 — the same time the Chiefs’ lease ends at Arrowhead Stadium at the Truman Sports Complex.

Owner John Sherman — who bought the Royals for $1 billion in Nov. 2019 — said this week that the franchise will “need to start thinking about our future plans for a stadium over the next five-to-10 years,” and said “one of those options is to play downtown baseball.”

Voters in Jackson County, where Kauffman is located, approved a 0.375% tax roughly 15 years ago for improvements to both stadiums in the Truman Complex, where $250 million in renovations were made.

Sherman said a new ballpark would likely entail a public-private partnership.

It’s not clear how much a downtown stadium would cost, but a few other teams have built stadiums in recent years. 

  • In a 50-50 split between the Texas Rangers and City of Arlington, Globe Life Field had a project cost of roughly $1.2 billion. It opened last year.
  • SunTrust Park, now called Truist Park, was built for the Atlanta Braves in 2017 and has seen massive economic growth around the park with an entire entertainment district. The stadium cost $672 million.

Sherman emphasized that the decision needs to “have a positive impact on the quality of life for our citizens.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 27, 2025; Philadelphia, Pennsylvania, USA; Minnesota Twins pitcher Kody Funderburk (55) and catch

Twins’ New Investments Value Club at $1.75 Billion

The Twins have also announced a succession plan.

MLB Succession Questions Rise With Manfred Confidant’s Departure

A key executive in the commissioner’s office will leave at year’s end.
Sep 18, 2025; New York City, New York, USA; New York Mets relief pitcher Edwin Diaz (39) pitches against the San Diego Padres during the ninth inning at Citi Field.

Dodgers Buying and Winning Now, but Still Owe $1B to 9 Players

The contract for reliever Edwin Díaz extends an aggressive, pay-later strategy.
Jul 1, 2025; New York City, New York, USA; A general view out side of Citi Field. The game between the New York Mets and the Milwaukee Brewers was postponed due to impending weather.

Mets Owner Steve Cohen Clears Final Hurdle for $8B Casino Project

The Mets owner and Hard Rock receive a New York gaming license.

Featured Today

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Dec 9, 2025; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) dribbles against Toronto Raptors guard Jamal Shead (23) during the first half at the 2025-26 NBA Emirates Cup at Scotiabank Arena
December 13, 2025

The Lucrative NBA Cup Is Here to Stay

The in-season tournament, launched in 2023, is turning into a staple.
The Los Angeles Chargers host executives from UCLA Health on Wednesday, August 7, 2024 at The Bolt in El Segundo, CA.
December 7, 2025

The Multibillion-Dollar Business of Pro Athlete Recovery

What started as ice baths has evolved into a multibillion-dollar industry.
Big League Wiffle Ball
November 29, 2025

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
View of the London logo on the field after an NFL International Series game between the Denver Broncos and the New York Jets at Tottenham Hotspur Stadium.

New NFL Surface Standards Will Apply to International Stadiums

The NFL played a record seven international regular-season games this year.
April 19, 2022; Austin, TX, USA; Tim Leiweke of the Oak View Group speaks at a ribbon cutting ceremony for the Moody Center, a multi-purpose arena that will be home to concerts and the UT basketball teams on Tuesday April 19, 2022.
December 4, 2025

Trump Pardons Ex-Oak View CEO Months After Bid-Rigging Indictment

Trump issued Leiweke’s pardon Tuesday.
December 4, 2025

Milan’s New Olympic Hockey Arena Is Behind Schedule and Too Short

Construction is delayed and the ice may not meet NHL size standards.
Sponsored

Brian Hoyer: Patriots Lessons, NIL Chaos & His Post-NFL Career

The former Patriots QB talks to FOS about college football’s radical transformation.
December 3, 2025

Browns Clear Final Major Hurdle for New $2.4B Domed Stadium

The team’s settlement with Cleveland receives city council approval.
December 1, 2025

Cohen’s $8B Casino Dream Next to Citi Field Wins State Support

The long-planned casino project is recommended for license approval.
November 24, 2025

How NBA Arena Experiences Went Ultra-Luxe

For the most connected guests, the game has become a secondary attraction.
November 19, 2025

Cohen’s $8B Casino Clears Major Hurdle After USTA Dispute Resolved

A late-developing conflict with the neighboring U.S. Tennis Association is resolved.