KANSAS CITY, MO (KTVI ) - The Sprint Center is one of Kansas City’s crown jewels. The all-glass arena, which seats more than 19,000 people, was originally built for a professional NBA or NHL team.
Things didn’t go as planned, though. No franchise from either league came to Kansas City.
Kansas City taxpayers spent $296 million to build the Sprint Center, but by the time the bonds are paid off—with interest—that price tag will soar to about $500 million.
Since Sprint Center opened in 2007, Kansas City has spent $5 million annually to maintain the obsolete and near empty Kemper Arena, a total of about $35 thus far.
Watch the video player above to Elliott Davis’ full report in this edition of ‘You Paid For It.’