• Loading stock data...
Thursday, November 21, 2024

Royals Commit To Building New $2B Ballpark in K.C., But It’s Complicated

  • MLB club looks to stay in Jackson County, but stadium deal remains incomplete.
  • The Kansas City Chiefs’ renovation plans at Arrowhead Stadium are tied to baseball progress.
Artistic rendering of Kansas City Royals' new downtown stadium.
Kansas City Royals

After months of rising uncertainty and local political angst, the Kansas City Royals have opted to build their new stadium in downtown Kansas City—and taxpayers are likely to get a better deal in the process. But there are still plenty of complications surrounding the planned $2 billion project.

The Royals declared their intent to construct a ballpark and mixed-used development in downtown Kansas City and remain in Jackson County, discarding a prior option to shift to a larger parcel in neighboring Clay County. The statement is part of a bid to extend by 40 years a current sales tax appropriation in Jackson County that would be used to help supply about $350 million in public funds toward the project. The Royals are still considering a pair of stadium site options in Jackson County, including a location in south Kansas City at the site of the former Kansas City Star printing press pavilion.

The club made a joint statement with the NFL’s Kansas City Chiefs, who are similarly seeking to extend the tax and renovate Arrowhead Stadium. The teams face a Jan. 23 deadline to get on an April public ballot, and the tax issue is also set to be considered Monday by the Jackson County legislature.

“The partnership between Jackson County, the Chiefs, and the Royals has been a tremendous success over the past 50 years and directly responsible for much of the great momentum our hometown has built,” the teams said.

The statement follows recent negotiations in which the Royals and Chiefs agreed to pay stadium insurance previously handled by Jackson County, which is projected to yield $80 million to $100 million in savings to taxpayers. A further concession by the teams will allow the county to utilize about $140 million in an existing park property tax for non-sports purposes. County officials have been pushing for improved terms in the talks, in keeping with a growing national trend surrounding public funding for pro stadiums.

Still Plenty of Hurdles

Despite the improved clarity around the Royals’ stadium search, potential problems remain. Most of all, the team is reportedly still far apart in the lease and development negotiations with Frank White, Jackson County executive.

“No agreement has been finalized with either team,” White said. “As we navigate these crucial negotiations involving potential commitments of billions of taxpayer dollars, I want to make it abundantly clear: I have not, and will not, rush into any agreement.”

The Royals and Chiefs could circumvent White and get on the ballot without his approval, but that would require enough time and legislative support to overcome a veto. Currently one of MLB’s worst-attended, lowest-spending, and poorest-performing clubs, the Royals are eyeing the new stadium development as a key mechanism to improve their fortunes on and off the field. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rays $1.3B Ballpark Plans Stalled by Bond Delays, Hurricane Fallout

St. Petersburg officials vote to delay bonds for a new ballpark.

From WWE to Washington: Linda McMahon Is Trump’s Pick for Education Secretary

McMahon was the president and CEO of WWE for nearly 30 years.

Roki Sasaki Pursuit Could Lead to Chaos in 2025 International Class

Big league clubs may redirect bonus pool money to chase the Japanese phenom.
Sep 29, 2024; Paradise, Nevada, USA; Las Vegas Raiders owner Mark Davis acknowledges a fan before the start of a game between the Raiders and the Cleveland Browns at Allegiant Stadium.

Mark Davis to Unload More of the Raiders

He’s agreed to give 15% to new owners, shortly after the Brady sale.
podcast thumbnail mobile
Front Office Sports Today

Who Can Actually Afford Juan Soto?

0:00

Featured Today

Nov 18, 2023; Las Vegas, Nevada, USA; Williams Racing driver Logan Sargeant of the United States (2) during the Las Vegas Grand Prix at Las Vegas Strip Circuit.

F1 Grand Prix Upended Vegas Last Year. Stakes Are High for Its..

Stakes are high as F1 gears up for a successful second act.
Classic Football Shirts New York Pop-Up
November 18, 2024

Vintage Soccer Jerseys Have Found a Sweet Spot in the Lucrative U.S...

The money-making shirts are at the prime intersection of memorabilia and fashion.
Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion
November 16, 2024

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?
November 15, 2024

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.
Tampa Bay Rays

Rays Tampa Future in Doubt as County Commission Delays Bond Vote

The planned $1.3 billion ballpark now falls into further question.
November 19, 2024

RFK Stadium Bill Advances Out of Senate Committee

Maryland, Virginia, and D.C. are potential future homes for the Commanders.
November 19, 2024

Royals Ballpark Plans Expand to Kansas Amid Unsettled TV Future

Deals could be struck in the coming weeks on both the club’s local media rights and a future stadium.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Roof of AT&T Stadium
November 19, 2024

Even the Cowboys’ Stadium Is Falling Apart

“The wind got in there and exacerbated the looseness,” Jerry Jones said.
Damage from Hurricane Milton to Tropicana Field
November 18, 2024

Rays’ $1.3B Ballpark Hangs in the Balance During County Bond Vote

Another county delay in issuing bonds for stadium construction could reopen relocation questions.
November 14, 2024

Rays to Call Yankee Territory ‘Home’ for 2025 Due to Tropicana Repairs

Extensive damage from Hurricane Milton to Tropicana Field forces the unusual solution.
November 12, 2024

Bears Revisiting Another Lakefront Location for New Stadium

The site is about 2.5 miles south of Soldier Field.