Missouri Governor Mike Parson has taken a significant step to retain the Kansas City Chiefs and Royals amidst enticing offers from neighboring Kansas. Parson announced the state's intention to draft an aid package by the end of the year to prevent the beloved football and baseball teams from relocating across the border, a move that would be devastating for local fans and the Missouri economy.
In a strategic counteroffer, Kansas approved a plan to finance up to 70% of the cost for new stadiums for the Chiefs and Royals. This bold move prompted Parson to emphasize the importance of Missouri's competitive stance. "We're going to make sure that we put the best business deal we can on the line," Parson stated, acknowledging the high stakes involved.
Decades-Long Legacy
The Chiefs and Royals have shared a storied history, playing for over 50 years in adjacent stadiums situated in eastern Kansas City. However, their current leases are set to expire in 2031. Royals owner John Sherman has already made it clear that the team will not continue to play at Kauffman Stadium beyond the 2030 season, raising the urgency for a timely resolution.
Shattered Hopes for Funding
Efforts to secure funding for new or renovated stadiums have faced significant hurdles. In April, Jackson County, Missouri, voters rejected a sales tax proposal aimed at financing a more than $2 billion downtown ballpark district for the Royals and an $800 million renovation of the Chiefs' Arrowhead Stadium. The failure of this vote underscores the need for an alternative solution that aligns with the interests of Missouri taxpayers.
Nationwide Stadium Push
Missouri is not the only state grappling with stadium financing challenges. In Jacksonville, Florida, a $1.25 billion stadium renovation plan for the NFL's Jaguars was recently approved, with costs divided between the city and the team. This move demonstrates a broader trend of cities and states sharing the financial burden to retain their sports franchises.
Looking Forward
As Parson's term draws to a close in January, he remains committed to leaving a strong foundation for the next administration. While he does not anticipate calling a special legislative session before his departure, he is confident in developing a viable proposal. "I think by the end of this year, we're going to have something in place" to propose for the stadiums, he stated optimistically.
Ultimately, Parson is focused on ensuring that any deal benefits Missouri taxpayers. "Has to work out on paper, where it's going to be beneficial to the taxpayers of Missouri," he emphasized, pointing to the economic significance of the Chiefs and Royals. "The Kansas City Chiefs and Royals are big business," he added, highlighting the broad impact these teams have on the region.
As negotiations continue, all eyes remain on the Kansas Department of Commerce, which has yet to set a timeline for finalizing its deal. In the meantime, Missouri's commitment to retaining its cherished sports franchises stands firm, with Parson determined to put forth the best possible business proposition to keep the Chiefs and Royals on Missouri soil.
"Look, I can't blame Kansas for trying. You know, if I was probably sitting there, I'd be doing the same thing. But at the end of the day, we're going to be competitive," Parson concluded, encapsulating the fierce but amicable rivalry between the two states.