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Related: About this forumMissouri voters reject stadium tax for Royals and Chiefs
KANSAS CITY, Mo. -- The future of the Royals and Chiefs in Kansas City was thrown into question Tuesday night when residents of Jackson County, Missouri, resoundingly voted down a sales tax measure that would help to fund a new downtown ballpark along with major renovations to Arrowhead Stadium.
Royals owner John Sherman and Chiefs president Mark Donovan acknowledged long before the final tally that the initiative would fail. More than 58% of voters ultimately rejected the plan, which would have replaced three-eighths of a cent sales tax that has been paying for the upkeep of Truman Sports Complex -- the home for more than 50 years to Kauffman and Arrowhead Stadiums -- with a similar tax that would have been in place for the next 40 years.
The Royals, who had pledged at least $1 billion from ownership for their project, wanted to use their share of the tax revenue to help fund a $2 billion-plus ballpark district. The Super Bowl champion Chiefs, who had committed $300 million in private money, would have used their share as part of an $800 million overhaul of Arrowhead Stadium.
"We're deeply disappointed as we are steadfast in our belief that Jackson County is better with the Chiefs and the Royals," Sherman said. "As someone whose roots run deep in this town, who has been a dedicated fan and season-ticket holder for both of these teams, and now leading a remarkable ownership group."
Royals owner John Sherman and Chiefs president Mark Donovan acknowledged long before the final tally that the initiative would fail. More than 58% of voters ultimately rejected the plan, which would have replaced three-eighths of a cent sales tax that has been paying for the upkeep of Truman Sports Complex -- the home for more than 50 years to Kauffman and Arrowhead Stadiums -- with a similar tax that would have been in place for the next 40 years.
The Royals, who had pledged at least $1 billion from ownership for their project, wanted to use their share of the tax revenue to help fund a $2 billion-plus ballpark district. The Super Bowl champion Chiefs, who had committed $300 million in private money, would have used their share as part of an $800 million overhaul of Arrowhead Stadium.
"We're deeply disappointed as we are steadfast in our belief that Jackson County is better with the Chiefs and the Royals," Sherman said. "As someone whose roots run deep in this town, who has been a dedicated fan and season-ticket holder for both of these teams, and now leading a remarkable ownership group."
https://www.espn.com/mlb/story/_/id/39863822/missouri-voters-reject-stadium-tax-kansas-city-royals-chiefs
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Missouri voters reject stadium tax for Royals and Chiefs (Original Post)
Ptah
Apr 2024
OP
Billionaires should fund their own businesses. Not be welfare kings.
Rebl2
(17,525 posts)2. The Royals and
Chiefs dont own those stadiums. They lease them from Jackson County, so I guess the citizens dont want to pay the same tax amount they have been paying the last twenty or so years. Kansas is going to possibly try to entice them to come across the state line according to the KS governor.
