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re: The Chiefs' new kansas stadium deal is historically lopsided
Posted on 12/23/25 at 5:52 pm to SoFla Tideroller
Posted on 12/23/25 at 5:52 pm to SoFla Tideroller
quote:
Study after study has shown these sports facilities bring little to no positive economic impact.
The facilities themselves, sure
Posted on 12/23/25 at 5:58 pm to Kansas City King
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 on 12/23/25 at 6:06 pm to Mingo Was His NameO
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 on 12/23/25 at 6:07 pm to nicholastiger
quote:
So 10000 are gonna lose their season tickets?
Just in time for Mahomes retirement
Posted on 12/23/25 at 6:08 pm to SoFla Tideroller
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 on 12/23/25 at 6:09 pm to Mingo Was His NameO
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 on 12/23/25 at 6:11 pm to The Third Leg
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 on 12/23/25 at 6:14 pm to Mingo Was His NameO
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.
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 on 12/23/25 at 6:19 pm to UltimateHog
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 on 12/23/25 at 6:21 pm to SoFla Tideroller
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 on 12/23/25 at 6:25 pm to Lexis Dad
Mate - zero doubt that Georgia beats Ole Miss, right?
Posted on 12/23/25 at 6:33 pm to The Third Leg
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 on 12/23/25 at 6:38 pm to Kansas City King
A Democrat governor thinks taxes will pay off
On brand
On brand
Posted on 12/23/25 at 6:39 pm to bcoop199
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 on 12/23/25 at 6:44 pm to The Third Leg
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 on 12/23/25 at 6:56 pm to Kansas City King
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 on 12/23/25 at 7:01 pm to Mingo Was His NameO
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 on 12/23/25 at 7:07 pm to 0
quote:
The stadium is moving like 10 miles.
In a different state
Posted on 12/23/25 at 7:32 pm to Kansas City King
Every modern NFL stadium is exactly the same.
Sterile, generic piles of steel, glass, concrete and LEDs
Absolutely no character or anything memorable.
Sterile, generic piles of steel, glass, concrete and LEDs
Absolutely no character or anything memorable.
Posted on 12/23/25 at 7:46 pm to UncleFestersLegs
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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