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Lockout could equal rent break for Chiefs

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We mentioned on Thursday how the Bucs are working on a deal to pay their local government for any lost stadium revenue during a lockout.

The Chiefs could wind up going in the opposite direction due to a clause in their lease.

According to the Kansas City Business Journal the Chiefs could actually get a break in the rent they owe to Jackson County if the team misses games.

“These clauses typically are inserted into leases to cover calamities such as natural disasters or terrorist attacks. However, the clause in the Arrowhead Stadium lease also includes ‘strike, lockout, work stoppage or other labor disturbance,” James Dornbrook writes.

The lease was put together in 1990 and amended in 2006.  It seems grossly unfair for taxpayers to lose out on rent revenue from the Chiefs in the event of a work stoppage.  If anything, it seems like teams should be paying the government back if they aren’t using the stadiums the tax payers helped pay for.

The article notes that the Chiefs and Jackson County didn’t want to comment for the story. It’s possible the sides could come to a fairer agreement if the work stoppage drags on.

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5 Responses to “Lockout could equal rent break for Chiefs”
  1. geobh says: Mar 18, 2011 5:57 PM

    tell the cry baby spoiled players to get off their ass and go to work.

  2. smacklayer says: Mar 18, 2011 6:03 PM

    I am so sick of hearing whining and complaining about tax dollars being used to build stadiums. First, these stadiums are used for amny other things besides football, all consessions, tickets and merchandise sold there are taxed – heavily, and the football team, who may get a little help in financing the construction has brough MANY MANY jobs MANY millions of dollars to the local economy. So please STFU about how tax payers are loosing if there is a short work stoppage. All these cities are WAY better off with the team and stadium than if they did not.

  3. lilevil74 says: Mar 18, 2011 6:28 PM

    Yeah, “tax payers” spent millions in the Barry Bonds case. And for what? Probably a low fine and NO JAIL! So, I love hearing people complain about “tax dollars.” The more politicians spend, the less they grease their pockets with.

  4. burntorangehorn says: Mar 18, 2011 9:37 PM

    OP:
    It seems grossly unfair for taxpayers to lose out on rent revenue from the Chiefs in the event of a work stoppage. If anything, it seems like teams should be paying the government back if they aren’t using the stadiums the tax payers helped pay for.
    =======================
    It’s in the lease, and the county did its homework. I’m not sure how it’s unfair.

  5. mick730 says: Mar 18, 2011 11:06 PM

    The taxpayers, in the case of Arrowhead, paid for a real estate asset that they own, and are able to own in part, because the Chiefs pay a heafty rent to use the place 10 days out of the year. The rest of the time, the place is used by many other parties and tenants.

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