The hype machine for this project is just a bit more subdued now that billionaires are asking for benefits from the public.
Check this bit of economic theory . . .
The Current's stadium construction and operations would contribute to $729.5 million in total economic output within Kansas City, counting direct, indirect and induced spending. That output could amount to $1 billion statewide over the same timeframe, the analysis found.
More importantly, here's the ask from taxpayers . . .
The team seeks $6 million in state tax credits to support infrastructure, utilities and site preparation for the new stadium, as a 50% match for $12 million in contributions through KC WFC Holdings LLC. The entity includes team co-owners Angie and Chris Long, and Brittany Mahomes.
Read more via www.TonysKansasCity.com link to paywall content that might be worth the price . . .
KC Current stadium could break ground in October, make significant economic splash - Kansas City Business Journal
The Kansas City Current in April sought to study the team's local and statewide economic impact, including with its upcoming $118 million, 11,500-seat stadium at the Berkley Riverfront. The findings over the next 30 years are nothing but net, the team says.
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