Breaking News: Kansas City Chiefs owner Clark Hunt is putting the Club up for sale

Could the Kansas City Chiefs leave Arrowhead Stadium, their home for the last half century?

With the clock ticking on the team’s current lease, Chiefs owner Clark Hunt said Saturday that he is now looking at alternate sites for the team after voters in Jackson County, Missouri soundly rejected a sales tax initiative that would have helped to pay for renovations to the 52-year-old building.

The Chiefs and Royals, whose Kauffman Stadium shares the Truman Sports Complex with the football stadium, have relied on a three-eighths cent sales tax for upkeep.

The franchises wanted to extend that tax with the Royals using their share of the money for a new downtown ballpark and the Chiefs envisioning an $800 million renovation of Arrowhead.

More than 58 percent of voters rejected the sales tax initiative after the campaign was met with criticism from all sides.

CEO Clark Hunt of the Kansas City Chiefs looks on prior to Super Bowl LVIII

A general view of the exterior of Arrowhead Stadium prior to a 2003 Chiefs-Broncos game
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‘Time is short for us at this point and so we need to see what other options are out there for us,’ Hunt said Saturday.

‘When we started on this process three years ago, it felt like we had a very long time – a long runway with about 9 1/2 (years) left on our lease. We´re now down to 6 1/2 and so I do feel very much of a sense of urgency.’

Hunt, whose father Lamar founded the Chiefs and helped to get Kauffman and Arrowhead stadiums built, has always preferred to renovate a stadium that his father called one of his favorite places in the world.

The Hunt family had promised to spend $300 million in private funds on the renovation with the remainder coming from public funding.

The Kansas City Chiefs unveiled $800million plans to transform their Arrowhead Stadium

It would see the Super Bowl champions install a new turf-covered activation zone for fans

There would also be new parking decks and lots to improve the tailgating experience for fans
Now, the Chiefs are left to consider overtures from other locations. One of those could be just across the state line, where public officials in Kansas have made it clear that they would love to have the Chiefs on their side of the border.