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re: The Chiefs' new kansas stadium deal is historically lopsided

Posted on 12/23/25 at 5:52 pm to
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 12/23/25 at 5:52 pm to
quote:

Study after study has shown these sports facilities bring little to no positive economic impact.


The facilities themselves, sure
Posted by TheePalmetto
Member since Aug 2025
2717 posts
Posted on 12/23/25 at 5:58 pm to
Yeah I’m not reading all that but it sounds like you are jealous that your ex’s new lover is treating her better than you ever could and you are ate up so that sucks for you
Posted by Rainier Fog
Member since Jul 2025
1253 posts
Posted on 12/23/25 at 6:06 pm to
quote:

the surrounding industry that comes along with it are extremely valuable and will ultimately bring the state of Kansas a lot more in revenue than what they’re “giving” away


They are giving up too much to the Chiefs but they are benefiting from being right across the state line and pulling revenue from out of state that they otherwise wouldn't get

[embed]$1.8 billion isn’t really that much money over 60 years[/embed]

Lol at any stadium being used by the team for 60 years these days. They're lucky they got 30 years guaranteed out of them. After that, that's gonna be an 60,000 seat concert venue.
Posted by Rainier Fog
Member since Jul 2025
1253 posts
Posted on 12/23/25 at 6:07 pm to
quote:

So 10000 are gonna lose their season tickets?



Just in time for Mahomes retirement
Posted by TheePalmetto
Member since Aug 2025
2717 posts
Posted on 12/23/25 at 6:08 pm to
quote:

Study after study has shown these sports facilities bring little to no positive economic impact.


Any study that concludes that was a grift and whomever paid for it needs their money back.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
12637 posts
Posted on 12/23/25 at 6:09 pm to
quote:

Look at the city of Arlington as the number one example of these absolutely working. Sofi is going to work, the clippers new arena is going to work, etc, etc. You just made that up

Arlington gave $325MM at a cost of $500MM and Jerruh and the NFL ponied up the lions share. And they funded the bonds by issuing regressive sales taxes on their residents year round.

They also already had the rangers there as a good lure.

They all work, it’s just ordinary people end up funding it.
This post was edited on 12/23/25 at 6:12 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 12/23/25 at 6:11 pm to
quote:

And they funded the bonds by issuing regressive sales taxes on their residents year round.

They also already had the rangers there as a good lure.


This is all irrelevant to your original point

quote:

They all work, it’s just ordinary people end up funding it.


Of course they do and it’s been outstanding for the people of Arlington. Outsiders pay a shite ton of their cities operating revenue. It’s called an investment
This post was edited on 12/23/25 at 6:14 pm
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
12637 posts
Posted on 12/23/25 at 6:14 pm to
How so? I don’t think issuing regressive taxes to fund sports arenas is good practice for government and the best use of resources to serve the people that are paying for it. That was the point about them not making sense.

There’s opportunity cost you’re not even considering. Lot of shite can be built with public money if you’re not spending billions on stadia.

Arlington is still a dump, just like it was before the cowboys moved there.
Posted by theballguy
HSV (Dealing only in satire)
Member since Oct 2011
37281 posts
Posted on 12/23/25 at 6:19 pm to
quote:

they said at the time the Raiders new deal would be the last of its kind.


To quote Saban: "This is just the beginning"
Posted by Lexis Dad
Member since Apr 2025
6399 posts
Posted on 12/23/25 at 6:21 pm to
quote:

Study after study has shown these sports facilities bring little to no positive economic impact.

Then explain the Battery/Truist Park in Atlanta.
Posted by SirWinston
Say NO to War
Member since Jul 2014
104464 posts
Posted on 12/23/25 at 6:25 pm to
Mate - zero doubt that Georgia beats Ole Miss, right?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 12/23/25 at 6:33 pm to
quote:

How so? I don’t think issuing regressive taxes to fund sports arenas is good practice for government


In Texas specifically, Arlington was going to charge the max statuary rate whether that stadium was there or not, and I don’t even think what you are saying is true anyway.

They have the 1% city tax and the 1% metro transit tax so they couldn’t “raise” taxes for any kind of stadium. It would have to be through bonds so the taxpayer gets to decide.

quote:

Arlington is still a dump, just like it was before the cowboys moved there.


Your subjective opinion is rather irrelevant
This post was edited on 12/23/25 at 10:52 pm
Posted by Jrv2damac
KS
Member since Mar 2004
73196 posts
Posted on 12/23/25 at 6:38 pm to
A Democrat governor thinks taxes will pay off


On brand

Posted by BreakawayZou83
Kansas City, Missouri
Member since Oct 2011
10298 posts
Posted on 12/23/25 at 6:39 pm to
quote:

I like living in KC but I gotta be honest, KC Metro shouldn't be hosting a Super Bowl. It's a week long event so it should be in cities that can support it. SB should rotate between Miami, Vegas, LA, New Orleans and Phoenix. As for the details coming out the fact it's going to have about 10k less seats sucks for the fans. The game atmosphere won't be nearly as good as it is at Arrowhead.

I agree. Part of the appeal to living here is the utter lack of tourists. Everyone you encounter has a stake in this place. But it’s definitively not a destination.
Posted by Teddy Ruxpin
Member since Oct 2006
40866 posts
Posted on 12/23/25 at 6:44 pm to
I won't say whether it will work or not but if there was anything sadder than the surroundings of their current space, looking around that MLS stadium and speedway is even worse. Completely lifeless looking.
Posted by Willie Stroker
Member since Sep 2008
16656 posts
Posted on 12/23/25 at 6:56 pm to
quote:

The Chiefs will retain 100% of revenue from stadium operations (tickets, concessions, parking, suite sales), naming rights and sponsorships, personal seat license sales, mixed-use development operations, and team headquarters and practice facility operations.

Isn’t this typical for cities that help finance NFL stadiums?

Cities usually don’t get a direct share of the big event revenues just because they helped pay for a stadium. Their “return” comes through taxes, fees, and special arrangements tied to specific revenue, no?
Posted by 0
Member since Aug 2011
17853 posts
Posted on 12/23/25 at 7:01 pm to
quote:

We can hate “corporate welfare” until we’re blue in the face but these franchises, their stadiums, and the surrounding industry that comes along with it are extremely valuable and will ultimately bring the state of Kansas a lot more in revenue than what they’re “giving” away


The stadium is moving like 10 miles.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 12/23/25 at 7:07 pm to
quote:

The stadium is moving like 10 miles.


In a different state
Posted by StansberryRules
Member since Aug 2024
5212 posts
Posted on 12/23/25 at 7:32 pm to
Every modern NFL stadium is exactly the same.

Sterile, generic piles of steel, glass, concrete and LEDs

Absolutely no character or anything memorable.
Posted by Bass Tiger
Member since Oct 2014
55757 posts
Posted on 12/23/25 at 7:46 pm to
quote:

I thought Jerry World was crazy at a little over $1B when it was built but looking at SoFi. I guess this isn't that crazy


I worked at Jerry Dome when it was being built, if that stadium was built today it would easily top $3.5-4 billion
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