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re: The Chiefs' new kansas stadium deal is historically lopsided
Posted on 12/26/25 at 3:12 pm to Kansas City King
Posted on 12/26/25 at 3:12 pm to Kansas City King
don't care, live in a state with zero major pro teams
Posted on 12/26/25 at 3:24 pm to Wally Sparks
quote:
So that their taxpayers can take it up the arse
Which taxes specifically are going up to pay for it?
Posted on 12/26/25 at 3:27 pm to Kansas City King
Public funding for sports stadiums is ridiculous and something I oppose but "While the state provides $3B in funding," Kansas isn't really giving $3 billion according to the article. The entire project is $3 billion with Kansas providing $1.8 billion. "The Chiefs will receive $1.8 billion in public funding for a new $3 billion stadium in Kansas — the largest public subsidy ever for a U.S. sports stadium project."
Posted on 12/26/25 at 4:25 pm to MFn GIMP
Note Kansas has a 5.7% state income tax over 30k
Thats a lot of tax revenue received from salaries related to the Chief organization.
Not enough to recover 1.8 billion quickly but still a lot of money over the course of at least 30-40 years that stadium will keep the team there.
Thats a lot of tax revenue received from salaries related to the Chief organization.
Not enough to recover 1.8 billion quickly but still a lot of money over the course of at least 30-40 years that stadium will keep the team there.
This post was edited on 12/26/25 at 4:26 pm
Posted on 12/27/25 at 5:31 am to Cosmo
quote:
Not enough to recover 1.8 billion quickly but still a lot of money over the course of at least 30-40 years that stadium will keep the team there.
You’re not factoring the inevitable demand by Gracie Hunt for a $2 billion stadium renovation in 2050.
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