Mayor Lucas questions if Kansas STAR bonds can actually fund potential Chiefs stadium
The question on whether professional baseball and football will move from Missouri to Kansas is far from decided from Kansas City Mayor Quinton Lucas’s perspective. Kansas City Mayor Quinton Lucas has questioned whether the future of professional baseball and football teams in Kansas City, Missouri, will move from Missouri to Kansas. Lucas expressed confidence in the team's future, stating that he expects the Chiefs and Royals to remain in the city for years. He also questioned whether Kansas STAR bonds could be used to fund a potential stadium for a potential Chiefs stadium. The Royals have hired eight lobbyists and 27 more on behalf of the Chiefs to lobby for a bill to expand the tax incentive STAR bonds aimed at bringing professional sports teams to the state of Kansas. The appointment of outgoing Missouri Senator John Rizzo to Jackson County Sports Complex Authority Executive Director could potentially revive stalled negotiations to keep the teams in KCMO.
ที่ตีพิมพ์ : 10 เดือนที่แล้ว โดย Ryan Hennessy ใน Finance
KANSAS CITY, Mo. (KCTV) - The question on whether professional baseball and football will move from Missouri to Kansas is far from decided from Kansas City Mayor Quinton Lucas’s perspective.
On Tuesday, Lucas spoke about the latest developments in the future of the Chiefs and Royals, urging patience and calm in an uncertain future.
It comes as Kansas City found out that the Royals have hired eight lobbyists to join 27 more on behalf of the Chiefs to consider a bill to expand the tax incentive STAR bonds aimed at bringing professional sports teams to the state of Kansas.
“I do not believe from the Kansas City, Missouri, perspective, the sky is falling, I continue to expect the Chiefs and Royals to be here for years to come,” Lucas said. “I’ve heard some estimates that a domed stadium would cost up to about $3 billion – things that we’ve looked at, you know, I’m hearing even on STAR bonds, you get up to a billion (dollars). Nobody’s really talking about where the other $2 billion might come from.”
READ MORE: Missouri’s efforts to keep Chiefs won’t come quickly
The perceived stalled negotiations in both the state of Missouri and the Jackson County Legislator to keep the teams in KCMO could gain new life from a recent appointment from Governor Mike Parson.
Outgoing Missouri Senator from Independence, John Rizzo (D) will be transitioning to the role of Jackson County Sports Complex Authority Executive Director.
“I expect Missouri to be more involved with the involvement of Senator Rizzo,” Lucas said. “That’s going to be something that’s good for this whole region long term – not just how we attract and keep the teams, but how we continue to attract big events, long term.”
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