We are proud to share our plans for the future of Royals baseball in downtown Kansas City and to begin a partnership that will last for generations to come.
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A healthy Jayden Stone + a healthy Trent Pierce = a Missouri team that has the requisites to be a nuisance for the rest of the SEC. Tigers are now 3-1 in league play after tonight’s win over Auburn.
After reading through the 33-page term sheet for the Chiefs' new stadium in Kansas, I think it's one of the most lopsided stadium deals in NFL history.
Kansas is essentially giving the Chiefs $3 billion (stadium funding + mixed-use development funding + tax incentives), yet getting virtually nothing in return.
The Chiefs get to keep 100% of the revenue from all stadium activities, including ticket sales, concessions, sponsorships, naming rights deals, personal seat licenses, and more. That applies to NFL games and all other events (concerts, basketball games, etc.).
Kansas will own the stadium, with the Chiefs paying $7 million in rent annually. But that money doesn't go back to the state; it goes into an account the Chiefs can use for renovations, repairs, and operational expenses.
That means the Chiefs can use their own rent money to hire stadium security, parking staff, and concession vendors throughout the season.
I know Kansas had to offer a great deal to get the Chiefs to leave Arrowhead, but this is worse than I expected.
Here's a full breakdown of everything I found in the term sheet: https://t.co/vtJ6S8DwOx
A Salute to #Arrowhead Stadium
After the franchise's move from Dallas in 1963, the #Chiefs had played all of their home games at ancient Kansas City Municipal Stadium.
In 1972, Arrowhead opened.
With its high-tech animated scoreboard and modern bowl design (every seat facing the center of the field — a rarity at the time), Arrowhead immediately became a state-of-the-art blueprint for future "football-exclusive" NFL stadiums.
#ChiefsKingdom
Missouri coach Eliah Drinkwitz has agreed to a new contract with the school, he announced. Per ESPN sources, there’s an increase in salary for Drinkwitz to an average of more than $10.7 million over the deal and an increased commitment to staff and salary pool.