The Kansas City Chiefs have been playing at Arrowhead Stadium since 1972, but the team doesn't believe they need a new stadium.

Clark Hunt said the Chiefs are optimistic that with renovations, Arrowhead could remain the team's home for another few decades.

"We do feel optimistic about that. We spent a couple years studying the structural integrity of the stadium, and early this year we preliminarily concluded that Arrowhead could be renovated and extend the life for up to another 25 years," Hunt said. 

Hunt, however, also acknowledged that the Chiefs could look to build a new stadium.