So watching the Chiefs vs Broncos game and Herbstreit says he could certainly understand Kelsey "not being mentally engaged" in playing right now with the Chiefs being out of the playoffs. Wait, what? Now not only there's no expectation of professionalism, but the dude's making 35 MIllion THIS season, and theres no reason to expect he'd still be all in? Why do we watch? Why should we care? Glad I didn't drop hundreds of dollars on tickets and parking and everything else to see the mega wealthy go thru the motions.
College sports are gross; the same can be said about pro sports.
The Chiefs' owner is worth $25B. Nevertheless, they are getting a ton of public help for these 2 items:
* $3 billion--cost for the new domed stadium in Kansas.
* $300 million--cost for the new training facility in Olathe, Kansas.
The Chiefs, btw, are worth $6.2B.
2 examples of Chief Player Career Earnings, including this season:
Patrick Mahomes
$232,004,472--over last 9 seasons (another $56,750,000 next season)
Travis Kelce
$111,194,254--over last 13 seasons
full text of tweet:
After reading through the 33-page term sheet for the Chiefs' new stadium in Kansas, I think it's one of the most lopsided stadium deals in NFL history.
Kansas is essentially giving the Chiefs $3 billion (stadium funding + mixed-use development funding + tax incentives), yet getting virtually nothing in return.
The Chiefs get to keep 100% of the revenue from all stadium activities, including ticket sales, concessions, sponsorships, naming rights deals, personal seat licenses, and more. That applies to NFL games
and all other events (concerts, basketball games, etc.).
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. That means the Chiefs can use their own rent money to hire stadium security, parking staff, and concession vendors throughout the season.
I know Kansas had to offer a great deal to get the Chiefs to leave Arrowhead, but this is worse than I expected.