• Loading stock data...
Sunday, April 21, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Three Votes Are About to Go Down That Could Shake Up Sports

  • Venue measures in Kansas City and Washington, plus a Disney board election, are set to happen in the coming days.
  • The stakes of the votes are enormous across facility development and sports media.
Jay Biggerstaff-USA TODAY Sports

One of the most momentous times of the year thus far in the business of sports is now beginning, with three critical votes scheduled for this week that will carry significant impacts on pro sport venues in two major markets, as well as the future state of ESPN.

The events scheduled for this week include:

  • Missouri: a Tuesday ballot measure in Jackson County to provide stadium funding for the Kansas City Chiefs and Royals. The pair of teams are seeking to implement a ⅜-cent sales tax for 40 years, with that money targeted toward a planned new Royals ballpark and renovations to Arrowhead Stadium. Despite the Chiefs’ current standing as two-time defending Super Bowl champion and the Royals a fixture in town for more than five decades, this issue has grown tense, with both teams saying they “will explore all options for where we will play come 2031” should a “no” vote prevail. Chiefs president Mark Donovan (above, right) said he is “cautiously optimistic” about a successful vote. But early voting has already been active, and the ballot measure ties directly into a long-running and often-emotional debate about the use of taxpayer funds for privately held pro sports teams.
  • Washington: a Tuesday vote by the D.C. council to approve $515 million in funding to renovate Capital One Arena and improve Washington’s Gallery Place neighborhood. This vote is far less in question, with council members, including chair Phil Mendelson, participating in the formal announcement of the deal and approval strongly expected. But the pact ties the Capitals and Wizards to the city until at least 2050, which formally reverses a prior plan to build a $2 billion arena and mixed-use development in Alexandria, Va., and is aimed at reinvigorating an arena area that had become beset with issues such as rising crime and open-air drug use. The renovation plan will also aim to upgrade the 27-year-old Capital One Arena and likely take some influences from large-scale projects at other middle-age venues such as Philadelphia’s Wells Fargo Center.
  • Disney: a Wednesday virtual annual meeting by ESPN’s parent company that will include an election of company directors. Activist investor Nelson Peltz is seeking two board seats and is running on a platform of implementing a more aggressive course of action in the company’s transformation efforts. Despite opposition from Disney itself and numerous other key stakeholders such as Star Wars creator George Lucas and former CEO Michael Eisner, Peltz last week gained support from a second proxy advisory firm.  

The stakes across these votes are enormous, and will go a long way to settling such pressing matters as where the Chiefs and Royals will play their future home games, whether there is truly a limit to public-sector support for pro sports facilities, how sports and entertainment will happen long-term in the nation’s capital, how ESPN will go to market in a period of unprecedented media disruption, and who will succeed current Disney CEO Bob Iger. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Alex Rodriguez, Anthony Towns

Timberwolves’ Playoff Start Is Clouded by a Messy Ownership Dispute

No one knows who the Timberwolves’ owner will be in the future.

Diamond Sports Group Is About to Survive Bankruptcy. Will It Matter?

The bankrupt company faces key questions relating to both programming and distribution.

NBA Media Rights Likely Headed for Open Market Next Week

The league is reportedly letting Monday’s deadline pass without a deal.

The Questions Are Mounting for ‘Spulu’ As Lawmakers Demand Answers

A pair of high-powered Congressmen are demanding answers about the forthcoming service.
podcast thumbnail mobile
Front Office Sports Today

Why Ian Rapoport Lives for the NFL Draft’s Chaos

0:00
0:00

Featured Today

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

To Sum Up Current Commanders, Coyotes Situations: It’s Complicated

The Commanders hire a Capitol Hill insider as the team continues its stadium pursuit.
April 11, 2024

Hello, Goodbye: Coyotes’ Future in Flux As Relocation Rumors Ramp Up

The league reportedly has developed a contingency plan to move the team to Salt Lake City.
NYC-Mayor-Adams-speaks-at-NYCFC-trophy-presentation
April 12, 2024

MLS Finally Gets Its Own Piece of the Big Apple

New York will finally gain a soccer-specific stadium with plans approved for a facility in Queens.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 9, 2024

Coyotes’ Arena Options in Arizona Are Drying Up. Is Relocation Next?

Scottsdale’s mayor cites infrastructure and retail issues with the team’s proposed arena site.
April 9, 2024

Champions League Hosts Ramp Up Security Amid ISIS Threat

Cities are increasing police presence after social media posts.
April 5, 2024

A Wild Week in Stadium News for the Coyotes, A’s, Royals, and Chiefs

Venue-related developments take shape in Phoenix, Sacramento, and Kansas City.
April 4, 2024

A’s Leave Problems Behind in Oakland—But Questions Await in Sacramento

The MLB club will play for at least three seasons at a Triple A ballpark.