Posting this here though it’s not game day related
First Big 4 sports team to be in the state of Kansas IIRC
Well you have found the right place with that fine scoop, and welcome aboard ye matey after being lost in the high seas!
And here’s one report out an hour or so ago. What strategic timing for this announcement by the Chiefs as well, and we know otherwise they were going to sit on this until after the playoffs, in which they will NOT participate. Yeah that’s right.
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And in about 25-30 years they’ll demand a new stadium and threaten to move back to Missouri.
Right now, the Bears are threatening to move to Northwest Indiana in the most embarrassing bluff I’ve ever seen. They say, “Northwest Indiana is as close to Soldier Field as Arlington Heights (the current plan for a new stadium). They’re assuming all Bears fans live at Soldier Field. The vast majority of wealth (and ticket buyers) live north of the city. Traffic congestion in northwest Indiana is brutal.
I say, go ahead, build in Indiana. Let that state pay for it. They might (might) get people to go there for games but demand for other events will be waaay down.
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Oh well, I hope my Chiefs lose every game left this season. It will help them in the next draft. They need to rebuild at a good number of positions, especially RB, WR and defensive line.
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woah
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Plus, they’re planning to make the stadium much smaller to create artificial scarcity. With fewer available seats, they can charge more per seat, thereby screwing the average fan.
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Kansas is such a racket of a state for all but wealthy a-holes in chiefly Johnson County in suburban Kansas City.
Here’s some experience in dealing with Kansas as a small business years ago, for this massive deal is funded by bonds derived also from sales tax revenues in Kansas.
Kansas currently collects about $2.7 billion each year from its statewide 6.5% sales tax, which makes up roughly one-third of the state’s general revenue.
In much of Kansas, there are also county and local sales taxes added to make this rate over 9%,
Sales Tax and Revenue Bonds, as in from EXISTING flows from the entire state and not after the project is built as afford some gravy for the Chiefs as well, are being used for about 65% of the development.
Then though these new Kansas Chiefs are fronting the rest privately, well in all the twists and turns they get much of it back!
They won’t be fooling me with this Kansas City nonsense any more after this move. They are the Kansas Chiefs to me.
The one that really gets to me the most, as much as private businesses benefiting from sales taxes on average folks on even almost all food in the shitty state of Kansas, is the exemption from property taxes for a private business for such a development.
If they were building a large factory or massive distribution hub I could understand for a clearly-defined time period and one that is not based on progress of some project or subject to delays, for those generate thousands of full-time jobs at the very least, which a stadium generally does only in far lower numbers.
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haha i moved this discussion to it’s own topic and without even thinking about it i typed “chefs” for the title then didn’t notice for a couple hours til i was scrolling the main page.
so i guess they are the “Chefs of Oz” now instead of the Kansas City Chefs.
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it’s like Kansas used AI to hallucinate a stadium deal document for them and then put it in front of the Chief’s ownership to sign without actually reading it. not like the Hunt fam doesn’t have money to burn and need a break on their finances. LOL
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A few months ago, the Bears president had exciting news - he wanted the state of Illinois to build the Bears a new stadium! Aaaaand…the Bears were going to let the state own the stadium he wanted them to build for the team!
The (sane and intelligent) Illinois legislature was like “get TF outta here with that nonsense!”
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Here’s a blog by a stadium expert. His latest post is about the Oz Chefs.
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haha oh dear…
- Elected officials in Missouri, meanwhile, have learned their lesson from the huge giveaway across the border: Time to try to throw billions of dollars at the Royals owners or risk being left without any billionaires to give tax money to. KC, MO Mayor Quinton Lucas noted on Tuesday that voters look to be opposed to this sort of thing, so “we’ve talked about a pathway that allows us to do it through public body approval rather than perhaps having to go to the ballot box,” take that, voters who insist on having opinions the mayor doesn’t like!
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The issues with public financing of sports stadiums are all valid, especially NFL Taj Mahals … but in terms of a move, it is all of 25-ish miles
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