• Loading stock data...
Friday, September 20, 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

Jeremiah Smith Becomes Red Bull’s First College Football NIL Athlete

The freshman Buckeyes receiver already has three touchdowns this season.

Bears Stadium Push Stalls As Pritzker Repeats Funding Rejection

Illinois Gov. J.B. Pritzker provides another sobering assessment of the NFL team’s search for public funds.
Former NFL quarterback Brett Favre

Gag Order Could Complicate Brett Favre’s Congressional Testimony on Welfare Scandal

The Hall of Fame QB is set to appear before Congress next week.

Sixers’ $1.5B Arena Plan Gains Key Support, but Faces Fierce Opposition

Local opposition is still fierce toward a proposed, $1.55 billion downtown venue.
podcast thumbnail mobile
Front Office Sports Today

Behind the WNBA’s Rise

0:00

Featured Today

Crypto.com soccer advertising

The Champions League Is Back. So Is Crypto Sponsorship

Crypto investment is making its debut in the biggest European soccer competition.
New York Boulders
September 10, 2024

On the Fringes of Pro Baseball, a Tiny Independent Team’s Attempt to Create Stars

In the Frontier League, every bit helps to make it to the Show.
September 4, 2024

Northwestern’s Tiny Temporary Football Stadium Is Making Big Money

Despite 35,000 fewer fans in seats, Northwestern is bringing in more revenue.
Aug 25, 2024; Denver, Colorado, USA; Detailed view of a Denver Broncos snapping the football in the second half against the Arizona Cardinals at Empower Field at Mile High.
September 3, 2024

How NFL Streaming Will Work With Coverage Across Four Exclusive Platforms

Each week will feature at least one game exclusively on a streaming service.

UFC Sphere Fight Sells Record $22 Million in Tickets

The MMA company sets new records for gate receipts and merchandise sales.
Oakland A's hats and gloves
September 12, 2024

MLB Insists A’s Move to Sacramento Is a ‘Certainty’

Scott Boras has recently sowed doubt on the team’s move north.
September 12, 2024

How Fans Are Getting Front-Row Seats Thousands of Miles Away 

Cosm has two domed venues open in Dallas and Los Angeles.
Sponsored

The Women Fueling The Future Of Football

In this episode of FOS Explains, fueled by Gatorade, we discuss how women are changing the landscape of the NFL and the business of football.
September 8, 2024

A’s Fans Push for Memorable Farewell

Fans ask the A’s to open “Mount Davis” for the final home game.
September 6, 2024

Bears President Urges Chicago to ‘Figure This Out’ on New Stadium

The NFL team executive says the city is losing out on major sporting events.
September 4, 2024

NFL Teams Eye Billion-Dollar Homes, but There’s Plenty of Pushback

At least four teams are seeking stadium deals, while several other projects are already underway.
September 4, 2024

76ers Weighing New Jersey Move As Philly Plans Face Growing Resistance

A new offer from the Garden State follows slowed progress on a new facility in downtown Philadelphia.