Lockout could equal rent break for Chiefs
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.