Source: BroBible
Summary
The Kansas City Royals unveiled renderings of a new 85-acre development, including a $1.9 billion stadium, in downtown Kansas City, Missouri. The project, which will cost up to $3 billion, will be a public-private collaboration with Hallmark Cards. The Royals will own the new stadium, with funding coming from the team, private investors, the City of Kansas City, and the State of Missouri.
Our Reading
The habit gets a new name.
The Kansas City Royals are getting a new stadium, and it’s going to cost a pretty penny – $1.9 billion. The new stadium will be part of an 85-acre development, because who needs just a stadium when you can have a whole complex? Hallmark Cards is playing a big part in the development, and will even demolish its headquarters to make way for the new stadium. The city and state will also be contributing to the funding, because why not?
The Royals will own the new stadium, which is just a fancy way of saying they’ll be paying for it. And by “they”, I mean the taxpayers of Kansas City.
This is just another example of a city throwing money at a sports team in the hopes of revitalizing the area. Because that always works out well.
The new stadium will be a city-owned facility, but let’s be real, it’s just a fancy new toy for the Royals.
And the best part? The Sports Complex Redevelopment Task Force is now deciding what to do with the 400 acres where the old stadiums are located. Because who doesn’t love a good game of musical chairs with multi-million dollar stadiums?
Author: Evan Null
