I don't mind them so much when cities are trying to keep their teams from leaving, but here we're just playing incentive pinball for nothing. The Chiefs haven't threatened to leave!
I mind. The reason they're "trying to keep their teams" is because somewhere is offering incentives. Whether it's intraregional or interregional, it's a race to the bottom nonetheless (see: the Rams). Which is why I think the federal government needs to step in.
The federal intervention could happen a couple different ways. It could be banning/capping incentives. Or it could be that the feds allow muni governments to own their own sports franchises
I’m curious how such a law would be constructed at this point tbh. Sports teams are equal parts real estate investments at this point and I think they’d pivot to funding the stadium and having the public pay for the billions in adjacent development. Would take really smart legislation.
It'd probably be tricky. What if the feds required that subsidies should guarantee some kind of partial ownership? Or what if they allowed muni governments to start their own teams or something?
Q is how you do that if the money is being fed into Team Real Estate Company B instead of Team Company A for the stadium. Then even if you manage that, public ownership breaks league rules and endangers the financial set up. I think it'd also be legally tenuous and probably lead to spin off leagues.
Yeah like chiefs in Legends or Olathe people will still stay in downtown KC for hotels and entertainment to the same degree they are now. It's just so stupid.
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Just saying that's what *should* happen
Who cares if the Chiefs play at Legends. Its an extra 20 minute drive at worst.