Missouri governor signs off on financial aid for Chiefs, Royals stadiums
June 15 - Missouri Gov. Mike Kehoe signed off on legislation that could provide millions of dollars for stadium upgrades for the Kansas City Chiefs and Royals.
Under the bill approved in a special session Wednesday by Missouri lawmakers, the state agreed to authorize bonds to pay for up to half of the cost to build or renovate a stadium, as well as offer tax credits. Local governments also would provide unspecifed assistance.
The two teams play at the Truman Sports Complex, with their stadiums side by side. Arrowhead Stadium opened in 1972 as the home of the Chiefs, with the Royals moving into what now is called Kauffman Stadium the following season.
Though still esthetically pleasing, the two stadiums are among the oldest in their sports.
In the NFL, only the Chicago Bears (Soldier Field, built in 1924) and Green Bay Packers (Lambeau Field, 1957) play in older venues. In Major League Baseball, only the Boston Red Sox (Fenway Park, 1912), Chicago Cubs (Wrigley Field, 1914), Los Angeles Dodgers (Dodger Stadium, 1962) and Los Angeles Angels (Angel Stadium, 1966) have stadiums with a longer life span.
The signed bill in Missouri applies to any assistance for any NFL or MLB team that wants to undergo a stadium renovation or build of at least $500 million. That means the St. Louis Cardinals also could get financial aid should they want to improve Busch Stadium, which opened in 2006 amid a wave of new stadiums.
The Chiefs and Royals have a looming deadline, however.
In an effort to lure the teams to Kansas, that state last year authorized the issuance of bonds for as much as 70 percent of the cost of new stadiums. That offer is scheduled to expire June 30.
Kansas City, Mo., tucked in the northwest corner of the state, sits right on the border with Kansas. Kansas City, Kan., and Kansas City, Mo. are separated by just four miles, for example.
Neither team has discounted a move to Kansas.
The Chiefs previously unveiled renderings for a proposed multimillion dollar renovation of Arrowhead Stadium. The Royals have said they want to move from Kauffman Stadium, preferably to a new ballpark downtown.
In April 2024, voters in Jackson County, Mo., rejected a sales tax measure that would have helped to pay for Arrowhead renovations and a stadium for the Royals.
The teams' leases for their existing stadiums expire in January 2031.
--Field Level Media
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