The Kansas City Chiefs are a professional American football team based in Kansas City, Missouri. The Chiefs compete in the NFL as a member club of the league's AFC West division.
The team was founded in 1960 as the Dallas Texans by businessman Lamar Hunt, and was a charter member of the AFL. In spring 1963, the team relocated to Kansas City, and assumed its current name. The Chiefs joined the NFL as a result of the merger in 1970, and the team is valued at over $2 billion.Hunt's son, Clark Hunt, serves as chairman and CEO. While Hunt's ownership stakes passed to his widow and children after his death in 2006, Clark is the operating head of the franchise; he represents the Chiefs at all league meetings, and has ultimate authority on personnel changes.