Kansas' $3B Chiefs Stadium Deal: A Historic Gamble
Lawrence News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Kansas Lawmakers Approve Massive Deal to Lure Kansas City Chiefs: A New Stadium, Team Headquarters, and Entertainment District in Olathe
Kansas lawmakers have passed a bill to build a new stadium, team headquarters, and training spot for the Kansas City Chiefs in Olathe. The project, which could be the largest stadium subsidy in U.S. history, will cost at least $3 billion, with Kansas covering at least $1.8 billion. Critics argue that the public handouts are insane and will haunt the states budget, while others question if its worth siphoning tax dollars when Missouri voters already shot down renovations for the Chiefs current stadium. The project still needs the governors approval to move forward.
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