Kansas City Chiefs Owners, Valued At $25B, Under Fire Over $2B Public Subsidy For New Stadium

Kansas City Chiefs owners Hunt Family

© Kirby Lee/Imagn


The Kansas City Chiefs, despite operating in one of the smallest markets in the NFL, are worth an estimated $6.2 billion according to Forbes.

Meanwhile, the Hunt family, which has owned the franchise since its inception in 1959, is worth an estimated $25 billion. Despite that fact, the family and organization are reportedly set to receive nearly $2 billion in public funding from the state of Kansas in order to build a new stadium and practice facility in the coming years.

Kansas City Chiefs Land Big Money To Move Stadium From Missouri To Kansas

Eben Novy-Williams of Sportico reports that the Chiefs will receive $1.8 billion in public subsidies as part of a $3 billion stadium project that will move the team from Kansas City, Missouri, to Wyandotte County, Kansas.

“The team’s new domed venue in Wyandotte County is projected to cost $3 billion, according to a statement from Kansas governor Laura Kelly, which includes the stadium and a mixed-use development about 20 miles west of the team’s current home. The team will separately build a practice facility in nearby Johnson County, which also includes a mixed-use development,” the report states.

Novy-Williams adds that the state of Kansas will fund 60 percent of those costs via its Attracting Professional Sports to Kansas Fund, sales tax, and revenue bonds.”

Given the exorbitant wealth the Hunt family possesses, fans were not overly thrilled with the news of the massive subsidies.

Kansans, why on earth does the Hunt family need 2 billion of your dollars???” one fan asked on X.

“I do not understand why American sport franchises are getting taxpayers’ money to build a new stadium. NFL owners are billionaires, yet they are getting money from us to build a brand new stadium,” said another.

On one hand, it makes complete sense that fans would be unhappy about their tax money going to a new stadium owned by billionaires. On the other hand, they have little leverage when those owners threaten to leave the area entirely if they don’t get what they want.

Clay Sauertieg BroBible avatar and headshot
Clay Sauertieg is an editor with an expertise in College Football and Motorsports. He graduated from Penn State University and the Curley Center for Sports Journalism with a degree in Print Journalism.
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