OVERLAND PARK, Kan. — The Kansas City Royals on Wednesday confirmed that an affiliated entity has purchased the mortgage for the Aspiria campus in Overland Park, but emphasized that no decision has been made on the site of a new stadium.
The team’s statement, issued after a Kansas City Business Journal report revealed the transaction, clarified that the mortgage acquisition was part of broader exploration efforts and does not signal a final site selection.
“We have not yet decided on a site, and any assertion to the contrary is inaccurate,” the statement read. “As part of our ongoing efforts, we have negotiated with or made investments in multiple potential sites – both in Missouri and in Kansas. One of these investments was the acquisition (by an affiliate of the Royals) of the mortgage on the Aspiria campus through an arms-length bidding process.”
The Aspiria property, formerly the Sprint campus, sits at 119th Street and Nall Avenue. The Business Journal reported the May 9 purchase price was approximately $164 million.
The Royals reiterated their commitment to identifying a “generational home” for the franchise, one that benefits fans, the team, partners and the regional community.
Last month, Aspiria officials announced plans to add 2,000 new jobs and projected a $6 billion economic impact over the next 10 years.