Overview

• Governor Mike Kehoe signed legislation authorizing $625 million in state aid, including bonds covering up to 50 percent of stadium project costs and $50 million in tax credits per venue.
• Kansas lawmakers have authorized bonds to finance up to 70 percent of new stadium construction, with their offer expiring June 30.
• The Chiefs have proposed a $1.15 billion renovation of Arrowhead Stadium, while the Royals plan a full replacement of Kauffman Stadium.
• Both teams currently play at the Truman Sports Complex under leases that run through January 2031, prompting a push for a long-term venue solution.
• Opponents in Missouri have challenged the aid package as an unconstitutional subsidy for wealthy franchise owners and a potential violation of local property tax rules.