The Kansas City Chiefs are a professional American football team based in Kansas City, Missouri. The Chiefs are a member of the Western Division of the American Football Conference (AFC) in the National Football League (NFL). Originally named the Dallas Texans, the club was founded by Lamar Hunt in 1960 as a charter member of the American Football League (AFL). In 1963, the team moved to Kansas City, Missouri and were renamed the Kansas City Chiefs. The team is legally and corporately registered as Kansas City Chiefs Football Club, Incorporated and according to Forbes is valued at just over USD $1 billion.^[2]

From 1960 to 1969, the Chiefs were a successful franchise in the AFL, winning three league championships (1962, 1966, 1969) and having an all-time AFL record of 92–50–5.^[3] The Chiefs were the second AFL team (after the New York Jets) to defeat an NFL franchise in an AFL–NFL World Championship Game when they defeated the Minnesota Vikings in Super Bowl IV. Despite their early success, the team's victory on January 11, 1970 in Super Bowl IV remains the club's last championship to date.