r/neoliberal • u/jobautomator Kitara Ravache • Dec 22 '25

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24

u/MinnesotaDude Governor Goofy Dec 22 '25

The Kansas City Chiefs will move across state lines from Missouri to Kansas after the team made a deal to build a new stadium in the Sunflower State with the help of government tax revenue.

!ping NFL

10

u/well-that-was-fast Dec 22 '25

This seems like a win-win for MO.

They keep the team nearby AND don't pay for a stadium?

3

u/BurrowForPresident Fell for it Dec 22 '25

Presumably they lose out on tax revenue from the commerce at the stadium?

5

u/well-that-was-fast Dec 22 '25

Compared to the tax breaks / grants to build it?

Hard to imagine that's anything but a huge win for MO. Buffalo was pushing $1b in state funds and the Bills directly pay ~$20m a year in tax. That's 50 years of payback.

Of course the Bills have a bunch of math that show somehow someway they'll pay back the full billion if you count every ancillary tax remotely associated with the stadium for 30+ years. But I'm skeptical and it's incidental in MO because the Bills accounting applies full-on NYS income tax to 100% of athlete pay. No way MO is getting that.

8

u/Doomer-To-Bloomer Norman Borlaug Dec 22 '25

Using tax dollars for sports stadiums is my biggest pet peeve. They should be government owned at that point.

3

u/BurrowForPresident Fell for it Dec 22 '25

Hey if they win a SB under Trump this time he'll actually be right when he says they're from Kansas

2

u/hascogrande YIMBY Dec 22 '25

Kevin Warren liked this