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Andy Reid signs extension with Kansas City Chiefs through 2029

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Andy Reid signs extension with Kansas City Chiefs through 2029


In an assertive move quashing any retirement speculations, Kansas City Chiefs‘ legendary head coach Andy Reid has committed to a landmark contract extension, securing his role at the helm until 2029. At 66, Reid’s new contract sets a new benchmark in the NFL, positioning him as the highest-paid head coach following his phenomenal back-to-back Super Bowl victories, marking his third championship win in just five seasons.

Reid expressed his gratitude towards Chiefs owner Clark Hunt and the Hunt family for the continued trust in his leadership. “Over the last 11 years, Tammy and I have cherished making Kansas City our home. This community’s support has been overwhelming,” Reid stated in a press release. His tenure in Kansas City has not just been a personal journey but a transformative era for the franchise, marked by unprecedented success on the field and a deep connection with the community.

Andy Reid contract details: Chiefs set to make him the highest-paid coach in NFL

The extension is part of a broader strategy by the Chiefs, who have also renewed contracts for General Manager Brett Veach and Team President Mark Donovan, reinforcing a formidable leadership team that has profoundly impacted the franchise’s fortunes.

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Reid‘s coaching body of work places him among the NFL’s coaching elite, standing shoulder to shoulder with legends like Bill Belichick and the late Chuck Noll. His record now includes three Super Bowl titles, joining an exclusive club of head coaches and cementing his legacy as one of the game’s greats. Notably, Reid is the only NFL coach to have achieved over 100 victories with two different teams and the first to take two franchises to four consecutive conference championships.

Chiefs leadership trio ink extensions

Under Veach’s astute management, the Chiefs have seen a golden era since 2017, highlighted by the strategic acquisition of star quarterback Patrick Mahomes. Veach’s tenure boasts a remarkable 85-30 record, with the team consistently surpassing the 10-win mark each season.

Since assuming the presidency in 2009, Donovan has been instrumental in shaping the team’s culture and success, pivotal in bringing Reid and Veach to Kansas City. Their collective leadership has not only translated into a string of victories and titles but also fostered a team environment built on excellence and mutual respect.

Owner Clark Hunt lauded the trio’s achievements, stating, “Mark, Brett, and Andy represent the pinnacle of NFL leadership. Their collective vision and leadership have been transformative for our team, and we are excited about what the future holds under their guidance.”

With these strategic extensions, the Chiefs look set to continue their dominance in the NFL, aiming for more titles and possibly more historic achievements under Reid’s seasoned leadership.

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Kansas

What You Need to Know About STAR Bonds

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What You Need to Know About STAR Bonds


The Kansas City Chiefs are in a unique position. With the current lease at the Truman Sports Complex expiring in 2031 and Jackson County voters overwhelmingly rejecting a 40-year extension of the three-eighths of a cent sales tax on April 2, could the Chiefs move from Kansas City, Missouri to Kansas City, Kansas? Momentum seems to be swinging toward the Kansas side of the state line after comments from Chiefs chairman and CEO Clark Hunt during the NFL Draft. Shortly after those remarks, renderings of a domed Kansas stadium made headlines. 

The stadium renderings that were released are not affiliated with the Chiefs but were brought forth by Kansas City-based architecture firm Manica. This isn’t the first stadium design by Manica, which was behind the design of the Las Vegas Raiders’ Allegiant Stadium and has put forth renderings for new Tennessee Titans and Chicago Bears stadiums as well. While these new stadium designs aren’t classic like the nostalgic Soldier Field in Chicago or Arrowhead Stadium in Kansas City, the modern vibe and design is very pleasing to the eye. For the Kansas City design, the new stadium would include a glass ceiling that would keep extreme weather out of the stadium. 

The renderings also show a mixed-use area outside of the stadium that would include hotels, dining options, a practice facility, green space, plenty of parking options and more. One thing the Chiefs (and the Kansas City Royals, for that matter) have never been able to capitalize on is building up commerce in the area surrounding the current stadiums at the Truman Sports Complex. This space would give the Chiefs ample opportunity to make additional revenue. A domed stadium would also be able to bring in huge national sporting events such as a Super Bowl for the NFL, an NCAA Final Four for college basketball, Wrestlemania for WWE, and more. 

Why would Kansas be able to offer the Chiefs a new stadium and not need to ask its residents and taxpayers to help cover the costs like in Jackson County and Kansas City, Missouri? The Kansas legislature would like to offer up to 100% of the project in STAR bonds, which is unique and a change of direction from the typical 50% given to a project in Kansas. 

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What are STAR Bonds?

Sales Tax and Revenue (STAR) bonds are “a financing tool that allows Kansas municipalities to issue bonds to finance the development of major commercial, entertainment and tourism projects,” as described on kansascommerce.gov. A new stadium for the Chiefs and the surrounding mixed-use area would apply here. These bonds are paid off through sales revenue generated by the district. Currently, 6.5% of every dollar spent in the district would go toward paying off the bond. Every ticket bought, food and drink purchased, hotel room rented, merchandise acquired, etc., would be taxed just as it always would, but a percentage of that tax goes toward paying off the bond. Essentially, if you are going to a game or hanging out in the district and spending money there, you’d be helping pay off the bond. If you don’t care about sports or going to hang out in the area, your tax dollars would not go toward the project. STAR bonds helped finance the Kansas Speedway and Children’s Mercy Park where Sporting Kansas City of Major League Soccer plays. 

It will be interesting to see how much money the Hunt family will want to put into the project themselves. They were willing to put $300 million of their own money toward renovations in the initial plan that Jackson County rejected. For a brand new stadium, there’s a chance the Hunts would put more equity into that type of move. The cost of building a new stadium would likely be between  $2-$3 billion. According to The Kansas City Star, a $1 billion investment would be required to get the STAR bonds, but there is potential for the entire project to be funded through the bonds. That would be a best-case financial scenario for the Hunt family and would be hard to turn down. 

The Kansas Legislature’s 2024 session ended on April 30 without the opportunity to hear the legislation on attracting sports teams to Kansas. There is anticipation that Kansas Gov. Laura Kelly will call a special session in two weeks to deal with another tax relief legislation that was not passed this past week. During this special session that could be called, the legislature would then have the opportunity to bring the legislation on sports teams to the table. 

Missouri will most certainly try to retain both the Chiefs and Royals, but will the sour relationship with Jackson County along with a lack of interest from the Missouri State Legislature in giving money to Kansas City sports teams hold the state back? The clock is ticking, and if the Chiefs can’t get an answer from Missouri until 2025 at the earliest, it may be in their best interest to look where they are wanted and can get money now.

Read More: Chiefs Owner Clark Hunt Discusses Leaving Arrowhead Stadium After Failed Jackson County Tax Vote

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Ricky Stenhouse Jr. signs autographs in Topeka ahead of race at Kansas Speedway

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Ricky Stenhouse Jr. signs autographs in Topeka ahead of race at Kansas Speedway


TOPEKA, Kan. (WIBW) – The NASCAR Cup Series is coming back to the Kansas Speedway on Sunday, and ahead of the Advent Health 400, Ricky Stenhouse Jr. paid a visit to Dillons in North Topeka on Friday afternoon.

The NASCAR racer and 2023 Daytona 500 Champion signed autographs, watched some fan races, showed off his car, and much more to get fans in attendance excited for Sunday’s race.

”We come to Kansas twice a year. I love the racetrack here at Kansas. It’s been a while since we won here, we won back in 2012. But it’s always a racetrack that I enjoy coming to,” Stenhouse told 13 News. “Our job gets serious tomorrow, once we get on track for practice and qualifying, and then obviously the race on Sunday. Yeah we had perfect weather for today’s event, and had a great turnout.”

Even the Topeka High Marching Band stopped by to play some tunes for the crowd.

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Kansas Department of Insurance offers assistance to victims of Westmoreland tornado

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Kansas Department of Insurance offers assistance to victims of Westmoreland tornado


TOPEKA, Kan. (WIBW) – Kansas Department of Insurance is offering assistance to victims of the Westmoreland tornado.

Kansas Insurance Commissioner Vicki Schmidt and staff from the Kansas Department of Insurance visited Westmoreland to assist those impacted by the EF3 tornado that struck the town on Tuesday, April 30. They assisted with insurance claim questions, concerns and complaints.

“As residents and communities focus on the long-term recovery, the Kansas Department of Insurance stands ready to assist wherever possible,” said Commissioner Schmidt. “I encourage all Kansans who have experienced property damage from recent storms to call the Department if you have questions about your insurance claim or if you encounter insurance-related problems along the way.”

Commissioner Schmidt and key staff visited the site of the Westmoreland tornado on Friday, May 3, to provide on-site assistance with residents who may need help with their insurance. Schmidt visited with residents and provided information on the resources available through the Department.

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Kansas Department of Insurance noted this storm season, if you or someone you know is having trouble with an insurance claim, please contact the Kansas Department of Insurance’s Consumer Assistance Division toll-free at 1-800-432-2484, by email at KDOI.Complaints@ks.gov or online at insurance.kansas.gov for any claims-related questions or concerns.



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