No Mas
I did a poll about public funding to support the building of stadiums/arenas a few weeks ago after hearing the Bears were going to fund their new stadium completely privately. At the time, I wondered how this would affect a number of other teams that were lobbying their jurisdictions for public dollars to support stadium development or redevelopment.
The "chief" amongst them being in Kansas City where both the Royals and the Chiefs were trying to secure public money via a ballot measure to extend a special sales tax for another 40 years that would help fund a new stadium for the Royals and upgrade Arrowhead for the Chiefs.
The pro tax side pulled out all the stops running a campaign with stars like Mahomes, Kelce and Andy Reid petitioning fans to continue to support the franchise and Chiefs/Royals management desperately tried to frame it as "no new tax" which is technically true, but the original tax was supposed to be temporary not permanent.
Despite the pleas of their sporting heroes the public rejected the ballot measure and axed the tax. 58% no to 42% yes. A clear message that a financially struggling populous has had enough of paying the piper for Billionaire owners and Millionaire athletes.
A sign of the public beginning to fight back against their wallets being constantly pillaged creating a sea change in the way fans look at public financial support of their teams or merely a case of the pendulum having swung too far and heading back to some base level of pocket picking equilibrium? Remains to be seen but certainly an interesting outcome and another blow for any team currently knocking on doors to raise public funds for their private projects.
Sats for all, GR
I'm glad the people voted against funding this shit. I enjoy sports as much as the next guy, probably more than many, but less than some. But why in the world should I be paying for these rich people to get richer? They have plenty of money. Mahomes and company can forfeit some salary or endorsement money to build a nicer facility, if that's what they want. And the owners definitely can spend their own money for it.
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I think this is the prevailing consensus now. It was once believed that arena/stadiums were some great investment and boon to a local economy but in most cases they just turn out to be money pits.
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I don't even necessarily disagree with that - I think a new facility/stadium/arena can and often does create an opportunity for surrounding businesses. I've seen it first hand. But that doesn't justify having taxes pay for it, IMO.
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My understanding is that the most likely alternative for the Chiefs is just moving across the border to Kansas City, Kansas. Kansas did enact a new tax to help afford a stadium for the Chiefs, but that tax was on newly legalized sports betting, so it doesn't really feel like a new tax at all.
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I find the tax arguments on public stadiums fascinating, because it really seems like it comes more from the the elites on the right (the same ones who often have some deals in place to avoid major corporate taxes) and is opposed by a lot of folks on the left who generally support a lot of other taxes.
Probably a good reminder that a lot of folks who claim to be against taxation are actually against being taxed themselves, but are fine with reaping the benefits of taxing others.
(And it goes without saying I'm glad this was defeated.)
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Probably a good reminder that a lot of folks who claim to be against taxation are actually against being taxed themselves, but are fine with reaping the benefits of taxing others.
Ain't that the truth.
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👏👏👏👏👏
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I predict the Chiefs will build a new stadium outside Kansas City like Overland Park
The current stadium is too old. More cost effective to build a new stadium than renovate an old one.
The voters did the right thing.
Polls said the vote would be close to 50/50. Pollsters lose again lol
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I thought it was going to go through to be honest.
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When I heard the vote will be close, I thought this is a bad sign for the Chiefs owner
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