spot_img

Royals, Chiefs pledge to stay in Missouri if voters pass sales tax extension

Date:

(The Center Square) – Kansas City’s professional football and baseball teams say they would stay in Jackson County if voters approve an extension of a sales tax for a new stadium and improvements.

After weeks of debate and meetings, the Jackson County legislature voted 8-1 to put a 40-year sales tax extension on the April 2 ballot. Voters will decide on a 3/8-cent sales tax to begin in 2031 and continuing for 40 years.

In 2006, Jackson County voters approved a countywide sales tax of the same amount for 25 years to improve and modernize the Harry S Truman Sports Complex where both stadiums are located. The county is currently negotiating a new lease with the National Football League’s Kansas City Chiefs for improvements at Arrowhead Stadium. The county and city are working together on proposals to build a new stadium for Major League Baseball’s Kansas City Royals.

“Retaining the Chiefs and the Royals and the events hosted at the team’s facilities like Beyoncé and Taylor Swift and global sporting events like the MLB All-Star Game and the World Cup is a priority for Kansas City – at a fair value for our taxpayers,” Democratic Kansas City Mayor Quinton Lucas posted on X, the platform formerly known as Twitter.

The teams released a joint statement on Friday emphasizing their desire to stay in the market. The statement came the day after a meeting with both teams, Jackson County Executive Frank White, a former player for the Royals, Lucas and other staff members and lawyers, according to the Kansas City Star.

“The Kansas City Chiefs and the Kansas City Royals today announced their commitment to remain in Jackson County if Jackson County voters approve an extension of the 3/8-cent sales tax on a ballot initiative this April,” the joint statement said. “The Chiefs and the Royals have partnered with Jackson County for 50 years in a partnership that has worked well for all constituents.”

The teams stated they agreed to provide more than $200 million in “new economic benefits to Jackson County over 40 years in a new lease agreement,” according to the release. The teams highlighted the county would save $80 million to $100 million by transferring the insurance payments from the county to the teams under new leases. The county also would be able to reallocate each team’s share of an existing property tax, worth approximately $140 million, for other needs.

“Under the agreement, the Chiefs will conduct an extensive renovation to iconic Arrowhead Stadium,” the release stated. “The Royals will build a new downtown stadium and privately fund a $1 billion ballpark district.”

The new baseball stadium will be a public-private partnership and cost approximately $1 billion.

“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,” White told the Kansas City Star last week.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img

Share post:

Popular

More like this
Related

Harris Camp Unveils First Ad Featuring Beyoncé’s “Freedom”

 ”In this election, we each face a question. What...

Power Moves: Obamas Back Kamala As the Next Commander-in-Chief

Many were asking when it was going to happen....

‘Starve the beast’: GOP candidates in Wisconsin offer their solutions to economic woes

(The Center Square) – Auditing the federal reserve, reforming...

Attorney General’s AI Task Force holds its first meeting

(The Center Square) – Washington Attorney General Bob Ferguson’s...