Chiefs' stadium deal with Kansas has some questionable clauses

After 62 years in Kansas City and 53 years at Arrowhead Stadium, the Kansas City Chiefs have announced their plans to move to Kansas.

They intend to build a new roofed stadium in Wyandotte County, which is projected to be ready for the start of the 2031 NFL season. While that should be great news for taxpayers and fans in the area, it might actually be the opposite. As pointed out by sports and business insider Joe Pompliano, the Hunt family's new stadium deal includes some questionable clauses.

Chiefs' new stadium is a bad deal for Kansas

"Kansas is essentially giving the Chiefs $3 billion (stadium funding + mixed-use development funding + tax incentives), yet getting virtually nothing in return," Pompliano wrote on X.

Pompliano explained that the franchise will get to keep 100 percent of the revenue from all stadium activities. That's not only for NFL games but for all the events that take place in the building. Also, even though the Chiefs will pay rent, the money won't go back to taxpayers.

"Kansas will own the stadium, with the Chiefs paying $7 million in rent annually. But that money doesn't go back to the state; it goes into an account the Chiefs can use for renovations, repairs, and operational expenses," added Pompliano. "That means the Chiefs can use their own rent money to hire stadium security, parking staff, and concession vendors throughout the season."

The Hunt family is worth $25 billion. Taxpayers will give them roughly $2.4 billion to build their new $3.3 billion stadium, yet they'll get virtually nothing in return.