In recent years, efforts have been made to convince the Kansas City Chiefs to build a new stadium in the city instead of leaving. These efforts are being led by former Kansas House Speaker Ron Ryckman Jr., who is reportedly working with interested parties to make this happen.
The Chiefs’ lease at Arrowhead Stadium expires after the 2030 season, adding urgency to discussions about building a new stadium. However, a failed proposal to renovate Arrowhead Stadium with an extension of an existing sales tax has prompted some to explore alternative funding options. One such option is using taxpayer money, which could be explored as a way to fund a new stadium.
In addition to traditional funding sources, the state of Kansas has also created a new fund specifically for attracting professional sports teams. This fund was created when sports betting was legalized in the state and is expected to reach $10 million by 2025. Other measures could also be explored to fund a new stadium if necessary.
However, it is important for any plan involving subsidies for sports team owners to have public support. Recent events have shown that voters are becoming increasingly skeptical of using public funds for this purpose. As such, it may be necessary to come up with a plan that does not require voter approval in order to keep the Chiefs in Kansas City while still making it financially feasible for the team ownership.
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