Royals, Chiefs pledge economic commitment to stay in Jackson County
KANSAS CITY -- The Royals and Kansas City Chiefs released a joint statement Friday afternoon saying that they will stay in Jackson County if voters approve an extension of the 3/8-cent sales tax on a ballot initiative this April.
In the statement, the Royals announced their intention to move from Kauffman Stadium to a new ballpark and a privately funded $1 billion ballpark district in downtown Kansas City -- at an unnamed site -- while the Chiefs will ¡°extensively renovate¡± Arrowhead Stadium at its current site, which shares a parking lot with The K. That all relies on voters¡¯ approval of the sales tax extension, though.
To get there, the teams proposed a set of promises they would make to the county if it can get an extension of the sales tax for both teams¡¯ stadiums on the April ballot and voters pass it. The team described their proposal as a ¡°significant financial benefit for Jackson County.¡±
¡°The Chiefs and the Royals have partnered with Jackson County for 50 years in a partnership that has worked well for all constituents,¡± the statement read.
There is no finalized deal with the county yet. Jackson County legislators will consider a ballot measure proposal Monday to extend the current 3/8-cent sales tax for 40 years, as well as a second proposal that would ask voters to approve a 3/16-cent sales tax for 25 years that would benefit the Chiefs alone. The deadline for getting something on the April 2 ballot is Jan. 23.
In Friday¡¯s joint statement, the clubs pledged to cover insurance coverage for their respective facilities that are currently paid for by Jackson County. The clubs estimate this will save between $80 million to $100 million over the course of any extended and new lease terms.
The Royals and Chiefs also pledged to provide Jackson County the ability to reallocate each team¡¯s share of an existing park property tax for other county uses for the extension term of the Chiefs¡¯ lease and new term of the Royals¡¯ lease. This will allow the county to utilize approximately $140 million for other purposes, according to the statement.
Finally, the teams said they¡¯re committed to entering into a ¡°robust community benefits agreement similar to agreements provided by other NFL and MLB teams¡± to benefit the citizens of Jackson County.
¡°The partnership between Jackson County, the Chiefs and Royals has been a tremendous success over the past 50 years, and directly responsible for much of the great momentum our hometown has built. The framework described here is a significant financial benefit for Jackson County, collaboratively built around concerns expressed by the County Executive and other local leaders, and provides a further boost to Kansas City and the region for decades to come.¡±
Kansas City Mayor Quinton Lucas issued a statement in support of the teams¡¯ intentions.
¡°Retaining the Chiefs and the Royals and the events hosted at the teams¡¯ facilities like Beyonc¨¦ and Taylor Swift and global sporting events like the MLB All-Star Game and the World Cup is a priority for Kansas City -- at a fair value for our taxpayers," the statement read. ¡°The Chiefs, the Royals, County Executive White, and the County Legislature have made great strides in their efforts to ensure voters have a fair deal to evaluate on the April 2024 ballot. I thank all parties for their efforts to secure a good deal for Jackson County and Kansas City taxpayers, and it is worthy of presentment to the voters, so that they may make their voices heard this April.¡±
The Royals have long desired to move downtown, proposing a $1 billion stadium -- along with a privately funded $1 billion surrounding district -- and estimate that an extension of the current 3/8-cent sales tax that helps fund the Truman Sports Complex would generate about $350 million in public funding. The team has explored moving to North Kansas City -- Clay County -- and building there, but its desire has always been to stay in Jackson County, further evidenced by Friday¡¯s statement.
The Royals have explored an East Village site, as well as a site just south of the T-Mobile Center (where the former Kansas City Star printing press is located).