All articles tagged with #stadium subsidy
Cleveland Mayor Justin Bibb expressed disappointment over Ohio's decision to allocate $600 million in public funds and change the Art Modell Law to facilitate the Browns' relocation to Brook Park, raising concerns about economic impact, legal challenges, and public opposition to using taxpayer money for stadiums.
Voters in Kansas City rejected a proposal to build a $2 billion ballpark and entertainment district, similar to Chicago's Wrigleyville, with public funding for the NFL's Chiefs. The proposal faced opposition from hall of fame player Frank White Jr., who was against providing a massive public subsidy to a professional sports team.
NFL stars Travis Kelce and Patrick Mahomes are urging Kansas City residents to approve a tax measure that would generate up to $2 billion for two stadiums. The tax renewal, which would last for 40 years, is up for a vote on April 2 in Jackson County, Missouri.
Chicago White Sox Chairman Jerry Reinsdorf is lobbying for over $1 billion in taxpayer dollars and $900 million in public infrastructure to build a new stadium in the South Loop, arguing that the team needs a modern facility to remain competitive. Critics, including State Rep. Kelly Cassidy, are skeptical of Reinsdorf's claims and oppose subsidizing wealthy businessmen. Reinsdorf's argument for public funding echoes his past threats to move the team, but faces resistance in Springfield. The proposed stadium project aims to revitalize the South Loop area, but the substantial subsidy request is met with skepticism and opposition from lawmakers and community members.