Kansas Moves to Lure Chiefs and Royals with Stadium Financing Plan

Legislation proposes state bonds to cover up to 70% of costs for new facilities, reigniting Kansas-Missouri rivalry.

Kansas lawmakers approved a measure to finance new stadiums for the Chiefs and Royals.
The plan allows state bonds to cover up to 70% of the stadium costs, with revenues from sports betting and taxes.
Governor Laura Kelly has expressed support but has yet to formally sign the bill.
Missouri officials vow to counter Kansas' bid to keep the teams in the state.
Economists debate the financial benefits of the proposed stadium subsidies.