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Front Office Sports - The Memo

Morning Edition

May 29, 2025

The team with this season’s best record and its MVP winner is heading to the NBA Finals. The Oklahoma City Thunder ended the Western Conference finals late Wednesday night with a 30-point exclamation win, besting the Timberwolves in just five games. As we’ve written, this year’s Thunder team is the product of a yearslong rebuild that redefined tanking. 

So, what will a Thunder-Pacers (or Thunder-Knicks) Finals mean for ratings? The WCF has rated far lower than the ECF (a series that has benefited from the presence of the Knicks, who enter Thursday down 3–1), so it might not be great. 

Meanwhile, NFL teams are already back at voluntary minicamps—and one of the league’s most prominent franchises is locked in a stadium standoff. 

—Eric Fisher, David Rumsey, and Colin Salao

Chiefs, Royals Stadium Public Funding Standoff Nears Endgame

Kirby Lee-Imagn Images

After more than two years of uncertainty, multiple setbacks, and detours, the twin stadium sagas of the NFL’s Chiefs and MLB’s Royals could soon reach an endgame. 

Missouri Gov. Mike Kehoe has called a special session of the state legislature beginning June 2 to review a bill that would allow the teams to bond up to the annual amount they generate in state tax revenue over 30 years, in turn funding up to half of new or upgraded stadiums. Local governments would also be required to participate in the stadium efforts beyond this state-level bill.

“If Missouri does not put some sort of offer forward, I think the risk is real that they don’t stay here,” Kehoe said. 

The move arrives as neighboring Kansas has already conveyed its interest in bringing one or both teams over the border. There are plenty of delicate politics involved, however, as Jackson County, Mo., voters soundly rejected stadium funding last year for the teams through a sales-tax initiative, and again, there is reticence among some state legislators about supporting private sports teams. That sentiment also exists against a backdrop of recent and severe tornado damage in the St. Louis area.

“I love the Kansas City Chiefs. I’m obnoxious during football season,” state Rep. Darin Chappell, a Republican from Rogersville, said in a recent interview with KSGF-FM. “But I’ve got constituents trying to pay their rent and feed themselves, and they’re struggling. And I’m going to take their money and give it to billionaires so multimillionaires can play in a prettier place? That’s obscene.”

The special legislative session will also include consideration of disaster relief funding in the state. 

“If they move out of our state, the significant effect it’s going to have on our state’s economy is massive,” Kehoe said of the Chiefs and Royals. “This isn’t just about football and baseball. This is about economic development. These are two organizations that have businesses, employees, and a ripple effect on our state’s economy that we do not want to move.”

The special session, meanwhile, is also in keeping with the goal of Chiefs owner Clark Hunt for the team to decide its stadium future “by summer at the latest.” The teams’ current stadium leases expire in 2031. The Kansas bond program, signed last year and standing as a key part of that state’s pitch for the teams, expires June 30, further adding to the drama set to build in the coming weeks. 

Larger Stakes

Both potential projects carry implications well beyond the Kansas City area. The Chiefs have become the NFL’s most-watched team, a status reinforced in the recently released 2025 NFL schedule, and have aspirations of remaining a dominant force across the league, both on and off the field. Being in a modern new venue, whether it be a new one or a substantially renovated Arrowhead Stadium, would help ensure that. 

The Royals, meanwhile, have returned to competitive prominence after a marked lull following the club’s 2015 World Series title. As economic imbalance in MLB continues to accelerate, the John Sherman–led franchise will undoubtedly need the enhanced revenues of a new ballpark to help keep up with the sport’s economic powers. 

FRONT OFFICE SPORTS HONORS

In a League of Your Own

The Most Innovative Leagues Award will recognize sports leagues transcending the traditional boundaries of the stadium and broadcast experience.

They’re the leagues revolutionizing fandom through strategic alliances and emerging technologies, ensuring countless ways for audiences to connect while developing bold new formats that keep fans hyped well beyond game day. 

They’re also embracing and catering to the modern fan, The Fluid Fan™, who may come through a nontraditional gateway of fandom, but who is a fan nonetheless. 

From gamers to foodies, or even Swifties, the Most Innovative Leagues will provide an experience that reflects—and acquires—the next generation of fans.

Think your league deserves to be recognized? Nominate them now.

Nominations are open through June 22.

Big 12 Men’s Coaches in Favor of Expanding March Madness

Bob Donnan-Imagn Images

ORLANDO — While the college football world debates what the next iteration of its postseason should look like, March Madness expansion remains on the minds of top college basketball leaders.

On the first day of the Big 12’s spring meetings, Kansas coach Bill Self said expanding the NCAA tournament beyond 68 teams was discussed among the conference’s men’s basketball coaches Wednesday morning—and that the idea has support.

“There was a little bit that was brought forth, and the consensus among the coaches was—even though it was very little—was [that] we would be in favor of it,” Self said. “I don’t know the number we’d go to. But I do know that there’s discussions about that.”

In March, Big 12 commissioner Brett Yormark said he was in favor of expanding March Madness to 76 teams. However, that came with a financial caveat. “CBS and TNT have a marquee asset with the tournament,” he said of the men’s tournament’s media-rights holders. “I know they know that, but in order for us to expand, they have to come to the table and provide the right economics.”

One question on potential expansion is whether the women’s NCAA tournament would follow suit. 

Self’s counterpart at Kansas, women’s basketball coach Brandon Schneider, wasn’t as forthright about the topic. “I don’t know that there’s a group vibe,” Schneider said of how the Big 12’s women’s basketball coaches feel about expansion. “I don’t know how far along we are in that actually happening.”

Both the men’s March Madness media-rights deals and the women’s with ESPN will expire in 2032, leaving open the opportunity for the two to be packaged and sold together, and potentially expand at the same time.

LOUD AND CLEAR

Spending Strategy

Bob Donnan-Imagn Images

“If we’re gonna do this, we have to be all in.”

—Houston men’s basketball coach Kelvin Sampson, on spending the full $22 million in revenue-sharing that schools will be allowed to do if and when the House v. NCAA settlement passes. Sampson, speaking at the Big 12 spring meetings in Orlando on Wednesday, said, “The biggest thing on campus is making sure everybody’s aligned. We’re able to do this amount—are we committed to doing this amount? Because our biggest competitors are doing this amount.” The Cougars received good news this week when star guard Milos Uzan, a top NIL (name, image, and likeness) earner in college basketball, withdrew from the NBA draft and announced his return to school. 

F1’s Monaco GP Draws Third-Largest U.S. Audience Amid Track Criticisms

Stephanie Lecocq/Reuters via Imagn Images

The lack of on-track excitement at the 2025 Monaco Grand Prix led to drivers and team principals clamoring for changes after the race. The prestigious Formula One event, however, still brought in a record U.S. audience.

Sunday’s race in Monaco, which aired at 9 a.m. ET, drew 2.3 million viewers on ABC, the most-watched iteration of the event in the U.S., up from 2 million last year. It’s the third-most-watched F1 race in the U.S., behind the Miami Grand Prix in 2024 (3.1 million) and 2022 (2.6 million). It is also the most-watched F1 race so far this year, drawing more than this year’s Miami Grand Prix (2.1 million).

Monaco Grand Prix Viewership 

  • 2025: 2.3 million (ABC)
  • 2024: 2.0 million (ABC)
  • 2023: 1.8 million (ABC)
  • 2022: 1.4 million (ESPN)
  • 2021: 934,000 (ESPN2)

F1 is averaging 1.3 million viewers so far through seven races on ABC, ESPN, and ESPN2, ahead of the last two years that finished with 1.1 million viewers. The F1 season, however, does see more dips in U.S. viewership in the back half of the year, with Miami and Monaco as two of the biggest draws.

Change Needed

Overtaking has been difficult in Monaco for the last few years, particularly in 2024 when there were just four overtakes and the top 10 at the start of the race remained unchanged by the end. 

F1 added a rule change this year aimed at delivering additional intrigue. Teams were required to use three sets of tires rather than the standard two, which would mean more pit stops. The change failed to deliver its desired outcome as there was just one legal overtake during Sunday’s race.

There may be more changes to come, though it’s unclear what will allow for more overtaking in the street race. 

“I’m not pretending I have a solution. But I cannot say what happened was good for the sport,” Haas team principal Ayao Komatsu said Sunday. Red Bull team principal Christian Horner suggested there should be a change in the layout of the track to allow for at least one area for overtaking.

One solution that is off the table is to move on from Monaco. Late last year, F1 extended its contract to race in Monaco until 2031.

Conversation Starters

  • A 6-year-old brought a Reese’s Puffs cereal box with Angel Reese on the cover to the Chicago Sky’s game in Los Angeles. Reese signed it courtside. Take a look.
  • Travis Hunter surprised a young kid he saw training in his backyard and took a picture with him. Check it out.
  • The New York Liberty have announced new investors that will fund the team’s $80 million practice facility, which includes Alibaba cofounder Jack Ma and supermodel Karlie Kloss.

Editors’ Picks

Former WWE Exec Flips on Vince McMahon in Sex Abuse Lawsuit

by Dennis Young
Janel Grant and John Laurinaitis announced their settlement Wednesday.

Arizona Father-Son Duo Plead Guilty to $280 Million Sportsplex Fraud

by Alex Schiffer
Randy Miller and his son Chad conned multiple investment firms. 

Marc Lasry: NBA Valuations Won’t Keep Skyrocketing

by Ben Horney
Lasry sold his Bucks stake in 2023 at a 218% increase over the 2014 purchase price.

NBA East Finals Delivers Strong TV Ratings, but West Is Struggling

by Colin Salao
The Pacers and Thunder are both up 3–1 in their conference finals series.

Question of the Day

Should Missouri taxpayers help fund new or upgraded stadiums for the Chiefs and Royals?

 YES   NO 

Wednesday’s result: 36% of respondents plan to watch Shohei Ohtani’s first game as a starting pitcher since his injury.

Advertise Awards Learning Events Video Shows
Written by Eric Fisher, David Rumsey, Colin Salao
Edited by Matthew Tabeek, Or Moyal, Catherine Chen

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