The Royals announced plans for a new ballpark in downtown Kansas City, specifically in the Crown Center neighborhood. A joint venture with Hallmark Cards, the project will also featured mixed-use elements, including new headquarters for both the club and the company. It is expected to cost about $3 billion in total with the stadium itself accounting for about two thirds of that. It will be funded with a mix of private and public sources. Kacen Bayless and Sam McDowell of the Kansas City Star and Dave Skretta of the Associated Press were among those to provide further details.
John Sherman purchased the Royals in 2019 and has been focused on getting funding for a new stadium for much of the interim. Kauffman Stadium opened in 1973 and is one of the five oldest ballparks in the league, with only Fenway Park, Wrigley Field, Dodger Stadium and Angel Stadium being older.
The path to a new stadium hit a setback a few years ago. The Royals and the NFL’s Chiefs were hoping to get public funding for new stadiums from Jefferson County, where Kansas City, Missouri is located. However, voters rejected a sales tax measure in April of 2024. That seemingly played a part in the Chiefs leaving the state, as they plan to play in Kansas City, Kansas starting in 2031.
Unlike the Chiefs, the Royals are going to stay in Missouri. It’s still not clear if Jefferson County will provide any of the funding but the project has money coming from other sources. The Royals announced that they would be the primary funders, with over $2 billion in private funding in total. The state of Missouri and the city of Kansas City are also providing some. Missouri passed a law last year which allows the state to fund up to 50% of major stadium construction projects. Last week, the city passed an ordinance authorizing the city manager to negotiate a deal with the Royals worth up to $600MM.
Some details are still not clear. The specific timing of the planned moved hasn’t been announced. The team’s lease at Kauffman runs through 2031, so they have time in that regard. As mentioned, it’s unclear if Jefferson County will provide any funds. The exact amount contributed by the state of Missouri hasn’t been reported. Kansas City council still has to give final approval and it’s possible the council could push for a public vote.
“We are so far away from a done deal,” councilman Johnathan Duncan said to the Star this week. “We still need a development agreement. We need a TIF (tax increment financing) plan. We need a CID. And we need some type of actual plan from the Royals that says this is what we’re going to be using the $600 million of bonds for.”
A formal club announcement doesn’t necessarily mean everything will proceed as planned. For instance, the Rays previously announced plans for a new stadium in St. Petersburg on the same site as Tropicana Field. But hurricane damage to the Trop led to fighting about repairs and ultimately squashed the deal. That’s a rare example and it’s unlikely something like that will happen in Kansas City but it illustrates that they still have to dot some i’s and cross some t’s.
Photo courtesy of William Purnell, Imagn Images
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.mlbtraderumors.com ’
