Empowering the Growth of Women’s Sports
Victus Advisors aids Kansas City Current in assessing the economic and fiscal impacts of their new riverfront stadium, shaping the future of professional women’s soccer in Kansas City.
Client
Kansas City Current
Sector
Professional Sports
Project
Economic & Fiscal Impact Analysis of NWSL Kansas City Current & New Riverfront Stadium
Year
2021
Client Challenge
Kansas City Current sought to understand the economic and fiscal implications of its new riverfront stadium in Kansas City, Missouri, aiming to leverage this insight to support their application for state tax credits and foster sustainable growth in the region.
Approach
Victus Advisors conducted a comprehensive economic and fiscal impact analysis, considering construction and operational activities associated with the new stadium and team. Leveraging sophisticated modeling techniques, we estimated the long-term economic benefits, including net new spending, job creation and tax revenue generation, providing valuable data to inform decision-making and support the Current’s application process.
Benefits to Client
Through our analysis, Kansas City Current gained critical insights into the potential economic and fiscal impacts of their new riverfront stadium. Armed with this data, they can demonstrate the project’s value to stakeholders, attract investment and contribute to the economic vitality of Kansas City, Missouri.