Kansas City Chiefs Owners, Valued At $25B, Under Fire Over $2B Public Subsidy For New Stadium

Kansas City Chiefs Show Nobody's Learned Their Lesson With Sports Franchises

The Kansas City Chiefs are officially leaving the state of Missouri. After over 50 years at Arrowhead Stadium, starting with the 1972 season, the Chiefs announced they're going to build their new stadium in the state of Kansas. This is the culmination of years of lobbying, posturing, demanding handouts, and getting rejected by Missouri voters. But it's also the culmination of decades of work from sports team owners who have realized that they ca…

Kansas City Chiefs Owners, Valued At $25B, Under Fire Over $2B Public Subsidy For New Stadium

Kansas City Chiefs owners Hunt Family The Kansas City Chiefs, despite operating in one of the smallest markets in the NFL, are worth an estimated $6.2 billion according to Forbes. Meanwhile, the Hunt family, which has owned the franchise since its inception in 1959, is worth an estimated $25 billion. Despite that fact, the family and organization are reportedly set to receive nearly $2 billion in public funding from the state of Kansas in order …