💨 Abstract

The Missouri House approved financial incentives to retain the Kansas City Chiefs and Royals, facing potential relocation. The plan includes state bonds and tax credits for new or renovated stadiums, to counter Kansas's incentives. The legislation faces resistance and a tight deadline for Senate approval. The Chiefs and Royals, with leases until 2031, draw strong economic and cultural significance. While Missouri seeks to keep the teams, economists debate the economic benefits of public stadium funding.

Courtesy: wtop.com