Kansas City Royals New Stadium Price Check

Stadiums on the taxpayer dime are a favorite ask for billionaires across the nation.

And so we take a quick peek at this bit of sporting journalism which examines the local offer and the trend across the nation . . . Check-it:

Owner John Sherman has pledged the $1 billion costs of the district-portion of the project with restaurants, bars, hotels, and shops, will be privately financed. As for the stadium itself, Sherman has promised that Jackson County taxpayers would not contribute any more tax dollars than they currently pay. The team has proposed extending the current 3/8 cent sales tax that pays for renovations to the current Kauffman Stadium and would bring in around $300-350 million. The team will also have “asks of the state and the city” - probably in the form of infrastructure costs and tax credits. But there are still questions on how exactly the rest of the costs of the ballpark district will be covered.

Take a look at the last few ballparks constructed and renovations projects in MLB and see how they were financed, and how much the public was asked to cover.

Read more via www.TonysKansasCity.com link . . .

How much have taxpayers subsidized recent baseball stadiums?

The Royals will be asking taxpayers for money soon.