{"id":11472,"date":"2024-06-16T03:20:48","date_gmt":"2024-06-16T03:20:48","guid":{"rendered":"https:\/\/topat10.com\/?p=11472"},"modified":"2024-06-16T03:20:48","modified_gmt":"2024-06-16T03:20:48","slug":"a-rivalry-that-predates-the-civil-war-is-about-to-heat-up-with-a-vote-on-subsidizing-a-new-stadium","status":"publish","type":"post","link":"https:\/\/topat10.com\/?p=11472","title":{"rendered":"A rivalry that predates the Civil War is about to heat up with a vote on subsidizing a new stadium"},"content":{"rendered":"\n

A 170-year-old rivalry is flaring up as Kansas lawmakers try to snatch\u00a0the Super Bowl champion<\/a>\u00a0Kansas City Chiefs away from Missouri even though economists long ago concluded subsidizing pro sports\u00a0isn\u2019t worth the cost<\/a>.<\/p>\n

\n

The Kansas Legislature\u2019s top leaders endorsed helping the Chiefs and professional baseball\u2019s Kansas City Royals\u00a0finance new stadiums<\/a>\u00a0in Kansas ahead of a special session set to convene Tuesday. The plan would authorize state bonds for stadium construction and pay them off with revenues from sports betting, the Kansas Lottery and additional tax dollars generated in and around the new venues.<\/p>\n

The states\u2019 border runs through the metropolitan area of about 2.3 million people, and the teams would move only about 25 miles (40 kilometers) west.<\/p>\n

Decades of research have concluded a pro sports franchise doesn\u2019t boost a local economy much, if any, because it mostly captures existing spending from other places in the same community. But for Kansas officials, spending would at least leave Missouri and come to Kansas, and one-upping Missouri has its own allure.<\/p>\n

\u201cI\u2019ve wanted to see the Chiefs in Kansas my whole life, but I hope we can do it in a way that is enriching for these communities, rather than creating additional burdens for them,\u201d said state Rep. Jason Probst, a Democrat from central Kansas.<\/p>\n

The rivalry between Kansas and Missouri can be traced as far back as the lead-up to the Civil War, before Kansas was even a state. People from Missouri came from the east,\u00a0hoping in vain to create another slave state<\/a>\u00a0like their own. Both sides looted, burned and killed across the border.<\/p>\n

There also was a century-long sports rivalry between the University of Kansas and University of Missouri. And for years the two states burned through hundreds of millions of dollars to lure businesses to one side of the border or the other in the pursuit of jobs. They called an\u00a0uneasy truce<\/a>\u00a0in 2019.<\/p>\n

Missouri officials are pledging to be equally aggressive to keep the Royals and Chiefs, and not only because they view them as economic assets.<\/p>\n

\u201cThey\u2019re sources of great pride,\u201d said Missouri state Rep. John Patterson<\/a>, a suburban Kansas City Republican expected to be the next state House speaker.<\/p>\n

Kansas legislators see the Chiefs and Royals\u00a0in play<\/a>\u00a0because voters on the Missouri side\u00a0refused in April<\/a>\u00a0to extend a local sales tax for the upkeep of their side-by-side stadiums. Lawmakers also argue that failing to take action risks having one or both teams leave the Kansas City area, although economists are skeptical that the threat is real.<\/p>\n

While the stadium complex lease runs through January 2031, Kansas officials argue the teams must make decisions soon for new or renovated stadiums to be ready by then. They also are promising the Chiefs a stadium with a dome or retractable roof that can host Super Bowls, college basketball Final Fours and huge indoor concerts.<\/p>\n

\u201cYou\u2019ve got this asset and all the businesses that move there as a result, or are created there,\u201d said Kansas state Rep. Sean Tarwater, a Republican from the edge of his state\u2019s Kansas City suburbs and a leader of the relocation effort. \u201cYou\u2019ll get commerce out of that area every day.\u201d<\/p>\n

Roughly 60% of the area\u2019s population lives in Missouri, but the Kansas side is growing more quickly.<\/p>\n

Despite the legislative push in Kansas, Missouri lawmakers aren\u2019t rushing to propose alternatives. Republican Missouri Gov. Mike Parson told reporters Thursday that his state is \u201cnot just going to roll over,\u201d but also said, \u201cWe\u2019re just in the first quarter\u201d of the contest.<\/p>\n

Both states hold primary elections on Aug. 3, with most legislative seats on the ballot this year. The April vote in Missouri on the local stadium tax suggested subsidizing pro sports teams could be a political loser in that state, particularly with the conservative-leaning electorate in GOP primaries.<\/p>\n

\u201cIn Missouri, the Republican Party used to be led by a business wing that might be in favor of this sort of thing, but in the Trump era, that\u2019s not the case,\u201d said David Kimball, a University of Missouri-St. Louis political science professor. \u201cThe more conservative, the more Trump-oriented wing, they\u2019re not big supporters of spending taxpayer money on much of anything.\u201d<\/p>\n

Kansas Republicans face pressure on the right to avoid having the state pick economic winners and losers. For Probst, the Democrat, the concern is using government \u201cto make rich people richer,\u201d meaning team owners.<\/p>\n

Economists have studied pro sports teams and subsidies for stadiums since at least the 1980s. J.C. Bradbury, an economics and finance professor from Kennesaw State University in Georgia, said studies show subsidizing stadiums is \u201ca terrible channel for economic growth.\u201d<\/p>\n

While supporters of the Kansas effort have cited a report indicating large, positive economic implications, Bradbury said \u201cphony\u201d reports are a staple of stadium campaigns.<\/p>\n

\u201cStadiums are poor public investment, and I would say it\u2019s a near unanimous consensus,\u201d said Bradbury, who has reviewed studies and done them himself.<\/p>\n

Yet more than 30 lobbyists have registered to push for a stadium-financing plan from Kansas lawmakers, and the Kansas Chamber of Commerce\u2019s CEO has called this a \u201conce in a lifetime opportunity\u201d to attract the Chiefs.<\/p>\n

The Chiefs not only have won three Super Bowl titles in five years, but they have an especially strong fanbase that has expanded because of tight end Travis Kelce\u2019s\u00a0romance<\/a>\u00a0with pop star\u00a0Taylor Swift<\/a>.<\/p>\n

Host cities find the National Football League attractive because franchises are valued in the billions and wealthy owners and celebrity players command a media spotlight, said Judith Grant Long, an associate professor of sports management and urban planning at the University of Michigan and a director of its center on sports venues.<\/p>\n

\u201cAll of these come together in a potent brew for politicians, civic officials and local business interests hoping to capitalize on its influence,\u201d she said.<\/p>\n<\/div>\n

Subscribe to the CFO Daily newsletter to keep up with the trends, issues, and executives shaping corporate finance. Sign up<\/a> for free.<\/div>\n\n","protected":false},"excerpt":{"rendered":"

A 170-year-old rivalry is flaring up as Kansas lawmakers try to snatch\u00a0the Super Bowl champion\u00a0Kansas City Chiefs away from Missouri even though economists long ago concluded subsidizing pro sports\u00a0isn\u2019t worth the cost. The Kansas Legislature\u2019s top leaders endorsed helping the Chiefs and professional baseball\u2019s Kansas City Royals\u00a0finance new stadiums\u00a0in Kansas ahead of a special session […]<\/p>\n","protected":false},"author":475,"featured_media":11473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[123],"tags":[],"class_list":["post-11472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nA rivalry that predates the Civil War is about to heat up with a vote on subsidizing a new stadium | Unlock Informed Choices with Us<\/title>\n<meta name=\"description\" content=\"The plan would authorize state bonds for stadium construction and pay them off with revenues from sports betting, the lottery and additional tax dollars.\" \/>\n<meta name=\"robots\" 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