Non-binding terms approved for new Falcons stadium deal

The Georgia World Congress Center Authority board Monday morning unanimously approved terms that are intended to provide the framework for a deal on a new downtown stadium for the Atlanta Falcons.

The board, at a special called meeting, OK’d a 24-page non-binding term sheet that will be the basis for further negotiations toward a more definitive, binding agreement between the GWCCA and the Falcons.

Should taxpayers help pay for a new stadium for the Atlanta Falcons?

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The plan is to build a retractable-roof stadium, with a potential cost of around $1 billion, on the GWCCA campus in time for the 2017 NFL season.

Key business terms approved by the board include:

  • The GWCCA, a state agency, would own the stadium.
  • The Falcons would operate the stadium under a 30-year license agreement, with options to renew for an additional 15 years.
  • A portion of the construction cost would be funded by revenue from the hotel-motel tax in the city of Atlanta and Fulton County; that portion has been estimated at around $300 million. The rest, including any cost overruns, would be the Falcons’ responsibility, although that could be offset by the sale of personal seat licenses.
  • The Falcons would pay annual rent of $2.5 million, increasing 2 percent per year, to the GWCCA.
  • The Falcons would be responsible for all of the stadium’s operating expenses and would retain all revenue.
  • The Georgia Dome would be demolished, and many events held there would move to the new stadium.
  • The new stadium would be built on the GWCCA campus, with the final selection from two sites – one just south of the Dome and the other a half-mile north of the Dome – deferred until the negotiation of a more definitive memorandum of understanding early next year.

Next step: issuing a request for qualifications (RFQ) to begin the process of hiring a lead architectural firm to design the stadium.

Check back later today for further updates.

- Tim Tucker of the AJC staff

342 comments Add your comment

kerry

December 10th, 2012
9:32 am

billyt

December 10th, 2012
9:33 am

kerry

December 10th, 2012
9:33 am

ya new stadium im sooooooooooooooooooo happy

falcon

December 10th, 2012
9:33 am

unnecessary waste of money

Tea Party Meber

December 10th, 2012
9:34 am

PSL = season ticket sales at 10,000 or less. The only way around that is if Obama pays for them……Which he might as he LOVES to raise taxes on the poors.

Esquire is in the HOUSE

December 10th, 2012
9:34 am

Why build a retractable roof when the 12th man if more effective with it closed anyway?

K-Ster

December 10th, 2012
9:35 am

Why not build it further WEST into the abandoned former ghetto full of empty lots/homes/buildings/schools?

Niecy

December 10th, 2012
9:36 am

New stadium so not needed. The stadium we have now is only 20 years old. A waste of money going down the drain.

woodrow

December 10th, 2012
9:38 am

As long as it brings in tax revenue instead of costing the taxpayers then they can do whatever they want. If they are going to cost money, then we don’t need it. We need tax revenue to improve infrastructure that this stadium will consume.

Jeff

December 10th, 2012
9:40 am

And people complain about handouts to the poor what about handouts to the rich?! Blank should be ashamed of himself. Let the Falcons go if they don’t want to pay for their palace. The Dome is still a viable and competitive building. Forget the NFL commish and keep the Super Bowl.

Tony C

December 10th, 2012
9:40 am

What a waste. The stadium itself is fine, but the location is just as bad as the current Dome. Why not move it some place where people actually live – like the old GM plant in Doraville, which is closer to a whole lot of the people likely to pay exhorbitant ticket prices?

GWCCC of course has a vested interest in this – it’s all about power, and by extension, money. But that doesn’t make it a good idea or a good location.

And tearing down the Dome? Sure, it’s no beauty, but it seems very strange to demolish a perfectly good structure. Can’t some megachurch make use of it?

Why

December 10th, 2012
9:40 am

Why do the Falcons need a new stadium? Why does it have to be in that location? Where do the fans come from? The north side of the city. The stadium needs to be moved away from where it is to a location in the 285/400 area.

Bobby

December 10th, 2012
9:41 am

Oh Ledbetter, your pansies lost yesterday. And no new stadium is going to help that.

[...] Full Article on AJC.com [...]

Falcons Nation

December 10th, 2012
9:41 am

No More 12th Man huh? This blows.

Ben

December 10th, 2012
9:41 am

Of course it will cost us. Peope are so dumb. Glad I don’t live in that craphole.

Drew

December 10th, 2012
9:42 am

I still think the Georgia Dome is perfectly fine. This seems like a complete and total waste of resources to me, and is indicative of what is wrong with American culture and our economy as a whole. Tearing down the Georgia Dome is flat out WASTEFUL. I guess I can voice my opinion with my wallet by simply watching the Falcons on TV and not spending any of my hard earned money on tickets in 2017 and beyond. Go Falcons!

Falcons Nation

December 10th, 2012
9:43 am

OH and Fans do come from the 75 & 85 area. They’re the ATLANTA Falcons. Not the Doraville or Gwinnett Falcons. Glad they kept it in Atlanta.

[...] via Non-binding terms approved for new Falcons stadium deal | Atlanta Falcons. [...]

[...] The Georgia World Congress Center Authority has this morning approved terms for moving forward on a new…. [...]

Erin "spike the ball" Murray

December 10th, 2012
9:45 am

watch your wallet Falcoons fans

MoFaux

December 10th, 2012
9:46 am

This is good for the Democratic party in GA. The Republicans will have difficulty explaining why teachers and state employees keep getting furloughed and haven’t had a pay raise in over 5 years, our education and economy remains near the bottom in the country, ditto on transportation…but yet, we have $300 million to spend on a freakin’ new stadium. There will be no super majority for Republicans, or at least it will not last very long if they do get it. 70% of Georgians do not want this deal, Mr. Deal.

Interesting

December 10th, 2012
9:47 am

Let be clear, most falcons fans dont actually come from the northern burbs. The largest fan group is african american and coming from all parts of the city. With the braves one could argue for a move to the northern burbs, but not the falcons. That being said, I dont agree with the new stadium until I see that the city can find a way to fix the infrastructure (add transit).

What a waste

December 10th, 2012
9:48 am

Just like the Hawks and former Thrashers – (80% of season ticket holders lived in the northern suburbs). So why build a stadium in an area of town that no one really wants to go to and when they go takes them way too long to get there? I personally have not paid to go to a Falcons game in at least 10 years. I have not paid to go to a Hawks game in longer. Why do I want to waste all my time getting to the game and back in a terrible part of town. Are there good restaurants in the area? No. It is not a location that is conducive to people wanting to go there other than for the sports game. What a waste.

dobearsbare

December 10th, 2012
9:50 am

With the annual lease payments, the public portion will be roughly equal to the cost of the Georgia Dome. At least it’s not coming out of state tax revenues, but there are much more important things a hotel-motel tax could be used for (roads or schools, anyone?).

Interesting

December 10th, 2012
9:50 am

You honestly think most hawks fans live the northern burbs? No way. think about that one for a second

What a Joke

December 10th, 2012
9:51 am

Why build another stadium in a high crime area with terrible parking

What a waste

December 10th, 2012
9:51 am

80% of season ticket holders. Read please.

Larry

December 10th, 2012
9:52 am

Wow! $2.5 million dollars per year! That will pay back the taxpayers in a mere 120 YEARS!

Nativebird

December 10th, 2012
9:52 am

Life long Falcon fan and season ticket holder. That’s it, I’m out. bye bye. Good riddens.

Simple Truths

December 10th, 2012
9:53 am

It’s comforting to know that the rent the Falcons pay will cover construction costs in about 400 years.

Boom Boom

December 10th, 2012
9:53 am

Look at the Super Dome and it still hold Super Bowls!! I am glad that Arthur bought the Falcons away from the Smiths but the city should give him the finger along with King Goodell. This is not a good business decision for the tax payers it’s a great business decision for the NFL and Arthur Blank.

WE BUILT THE FALCONS YOU DIDN’T!!

daroosta

December 10th, 2012
9:54 am

This will be the end for our family after 35 years of commitment. The stadium will be for the corporate people who only look at sporting events as a perk and a leisure activity. The die hard middle class fans will weeded out and not be able to afford it. Atlanta is a fickle town for sports fans. There will be no home field advantage. Huge mistake!

WalterEgo

December 10th, 2012
9:54 am

Dear Tea Party Meber,

Can you be anymore ignorant?

I realize as a cognitively-lazy, likely closet-bigot you can’t help but vote against your own financial self-interest, but when have the “poor” ever been taxed less (especially relative to other tax brackets) or better off under Republican leadership?

Arthur Blank

December 10th, 2012
9:54 am

Quiet down, my minions. You’ll build me a new stadium for the Falcons to lose in, and you’ll learn to love it. I already have Reed and Deal in my pocket, and the rest of you are cannon fodder for my next new toy. RISE UP, TAXPAYERS!!!

Mike Geigermanease with fiteen year otion

December 10th, 2012
9:56 am

There talking 30 year lease with a fifteen year option and putting it downtown ?
Forgive but no no no no and no !!! Our society is so wasteful.

K-Ster

December 10th, 2012
9:57 am

Mark my words, all these OTP people complaining about taxes being used for the new stadium (taxes of which are NOT in their area, only ATL-Hotel/Motel) will gladly go to the new stadium. It’s the old saying: “if you build it, they will come”.

I just wish they’d build it further west into the Vine City/English Avenue vicinity. This would kill two birds with one stone (no pun intended) by tearing down abandoned structures and moving hoodlums out of the area. Heck, they already force I-75 traffic into that area via Northside Drive!

Tim Mazzetti

December 10th, 2012
9:58 am

so the new stadium is going to be about a 20-minute walk from the MARTA Dome station. That makes a lot of sense. Now people won’t take MARTA to the stadium. that’ll make traffic a lot worse

Greg G

December 10th, 2012
9:58 am

The Goergia Dome is only 20 years old. Do yall really need a new stadium? Really? REALLY!?!

Fun

December 10th, 2012
9:59 am

The board of governors of the authority shall consist of 15 members. Each member shall serve for a term of four years, with the beginning and ending dates of terms to be specified by the Governor. All members of the board shall be appointed by the Governor of the State of Georgia = Home Depot cash

All I'm Saying Is....

December 10th, 2012
9:59 am

Get with the program people! Facts are our friends and here are the facts:

1) The Georgia Dome is not ‘old’ but it is out-of-date

2) A retractable roof stadium with dozens of corporate suites and all the latest in high tech features is what’s needed for the next 20-30 years if you want to remain a player in the NFL, host other major sporting events (Super Bowl, Chik-Fil-A Bowl, NCAA College Basketball Final Four, College Football Season Opening Games, etc.) and support all types of convention events.

3) The City of Atlanta hotel/motel tax falls squarely 99% of the time on tourists and visitors – not residents

4) Spending the hotel/motel tax on “something else” was never going to happen and ripe with political problems with the only other option for the tourist tax being eliminating it which makes no fiscal sense

This is the best outcome if you want to keep your NFL franchise and want to keep the Georgia World Congress Center competitive in the convention hosting business.

sliderule

December 10th, 2012
9:59 am

Folks, the payoffs have been set; we’re moving on!

ATL1

December 10th, 2012
9:59 am

To people who propose to move the stadium to Doraville/285 – Do you have any idea what kind of a gridlock it will create on 285 and 400? Especially, with all the lane closures that seem to happen every weekend and the Thursday night Falcon games which will interfere with regular commuting. This will be worse than LA and I will be moving to a different city.

Bubba Bean

December 10th, 2012
9:59 am

the Falcons are going to pay for about 70% of the cost of the new stadium, and out-of-towners are going to pay for the rest of it via the hotel/motel tax. So tell me again why this is a bad deal for local taxpayers???

Interesting

December 10th, 2012
9:59 am

I read it and dont agree. When is the last time you went to a hawks game?

Esquire is in the HOUSE

December 10th, 2012
9:59 am

Kasim Reed, may I sit with you in your FREE luxury suite every now and then. I mean it doesn’t even have to be the inaugural game or anything. Once a year would be fine.

No? What do you mean, try Gov Deal?

WalterEGo the Lib

December 10th, 2012
10:00 am

Walter – Please. When have the poor ever been better off? Correct they pay no tax and in fact receive help from the federal government. What Dems have done is by raising taxes you actually bring in less tax revenue from the payers because they will take their money elsewhere. By the way how is that a tax cut has to be paid for in the government? Who’s money is it anyway – the individual or the governments?

NATIVEBIRD

December 10th, 2012
10:01 am

We are not moving the Dome to the North, forget it. The Falcons belong downtown just like the rest of our pro teams. You guys can’t even keep the Gwinnett Braves stadium full. Enough said about that.

As usual, smarter, diverse, dialogue is the the basis for the city, Falcons, and GWCC’s decision. We DO need a better stadium to compete for the SuperBowl and to keep up with other Elite teams. Great job guys, keep up the good work.

This deal costs taxpayers NOTHING unless you stay at one of the hotels designated for taxing downtown. As I read these comments I can agree with election synopsis’s which said uneducated, misled, rednecks are the majority population in the Northern Burbs and rural GA. YOU WERE WRONG THEN AND WRONG NOW!

Go Falcons, thanks Arthur for having vision and putting a quality product on the field.

ATL1

December 10th, 2012
10:02 am

And the money generated by hotel/motel tax could have been either spent on widening the interstates or improving public transportation. We can now clearly see where the local government’s priorities lie.

Mike Rozier

December 10th, 2012
10:03 am

for those in the northern suburbs (led by your fearless leader, John Kincade of 680 AM), who hate the idea of having to venture downtown to see a football game, there is one big problem with your demand that the new stadium be built in the northern suburbs. …. what neighborhood in North Fulton, Forsyth County, etc. is ever going to allow a huge stadium to be built there??? none

Critic

December 10th, 2012
10:04 am

WALTEREGO,

On the other hand, you are demostrably too stupid to be human. You are merely flotsam.

Loyal Falcon

December 10th, 2012
10:04 am

I have enjoyed being a season ticket holder for over a decade. PSLs will be the end for me.

Wutehvah

December 10th, 2012
10:06 am

No, we don’t need to replace the dome – it’s fine. The problem is people don’t want to come to ATL – why not invest in that?? The Super Dome is 30+ years old, yet they’re getting the next Super Bowl. Why?? Because people actually wanna travel to New Orleans.

Start with a casino in the gulch and go from there.

A Conservative Voice

December 10th, 2012
10:07 am

You know, I haven’t been down there for awhile now but, someone please tell me what’s wrong with the present structure and why would we tear it down if it’s paid for? This kind of thinking is precisely what’s wrong with our country’s fiscal policy. Why don’t we take all the revenue the present structure provides and use it to partially pay for Atlanta’s crumbling water/sewer system. In a few years the fans who attend functions at the new/old structure aren’t going to be able to afford it, what with the double digit inflation and $10/gallon gas prices we will experience under the tax and spend policies of the current currupt white house administration. What’s the GWCCC gonna do then? What are the birds gonna do? Hope Arthur B.’s got some dollars left to pay for it out of his own pocket……oh wait, he’ll just file for bankruptcy, then. You know folks, this is a bad idea and if Milton County happens to get approved, Atlanta will sink. You know, $1 Billion Dollars might not seem like a whole lot to some of you, or maybe you just don’t care but……..

Oh My

December 10th, 2012
10:08 am

Ridunkalous! current stadium is only 20 something years old!

NativeBird the turd

December 10th, 2012
10:08 am

“I can agree with election synopsis’s which said uneducated, misled, rednecks are the majority population in the Northern Burbs and rural GA. YOU WERE WRONG THEN AND WRONG NOW!”

Wow. What tolerance shown by an uneducated lib. I for one can tell you that the northern burbs are not a majority of uneducated, misled, rednecks. Using Nativebirds amazing logic we can deduce that the inner city of Atlanta is full of lazy, goverment employees, hood rats, with no ambition to better themselves or their neighbors. See how that worked?

By the way 99% of the hotel tax paid by tourists? Have you never taken your spouse out for a night in the city?

Mel

December 10th, 2012
10:09 am

Instead of tearing down the Georgia Dome, Georgia law needs to be changed so it can be converted into a casino.

Bruce

December 10th, 2012
10:09 am

We will hear the portion of the public contribution will come from a hotel sales tax that will be paid by visitors. But the lingering question will be, could the public chose what initiative they would like to support instead of Arthur Blank chosing it for us? The arbituary nature, should bother people, but it won’t. Just like the Hot Lanes, no one will care.

Lexi Rednik

December 10th, 2012
10:10 am

ATL may need a new football stadium but it looks to me like that money could pay for some police officers to protect the kids at the colleges downtown and to buy a helicopter to replace the 1965 model that just crashed, and to repair bridges, and sewer lines, and fix the street lights, and fill potholes, and put up some street signs, and put this city back into some stage of repair. Oh, well, who needs any of that?

G-dub

December 10th, 2012
10:10 am

Last time we had a super bowl we had an ice storm and that was the reason ATL could not get another super bowl. With that being said what difference would a retractable roof make in February.

K-Ster

December 10th, 2012
10:11 am

Of COURSE the old stadium needs to be torn down post construction of the new one, how else are we gonna get parking spaces? The site .5 miles north they plan to build this is THE PARKING LOT.

Heady

December 10th, 2012
10:12 am

I used to hate the Dome, but it has grown on me a little bit. A new facility would be nice, but I don’t see paying a seat license to get season tickets. Ticket prices are already well over $100, which makes going to a Falcon’s game a ‘once-in-while’ type activity. The Falcons plan on leasing the new building for 30 years, plus a 15 year option. Based on past history, I doubt the franchise will still be happy with the new building after 30 years.

Falconeer

December 10th, 2012
10:13 am

The 2.5 million dollars in rental would make the payments on the new stadium. Why bring the taxpaying citizens in on this?

NATIVEBIRD

December 10th, 2012
10:13 am

And ESQUIRE,
Leave (Kasim) our mayor alone, he’s done nothing wrong. He works hard everyday for every Atlantan.

If you want political crooks, look at the guy you elected to be Gov! How stupid are you? He was indicted Nationally and you Honeybooboo’s elect him Governor anyway. He then steps in and hires all his buddies and family while stealing from the GA coffers.

Better yet, take a walk down the street from where you live and realize those Gwinnett politicians are taking bribes left and right. Pointing the finger at ATL, when your house is no where near in order. That’s called “deflecting”. Get your self together before you start talking about our great city and wonderful leaders.

Have a great week.

Tech Fan Since 1950

December 10th, 2012
10:14 am

“30 year license agreement”?….”renew for an additional 10 years”?….The Falcons and the glorious NFL will want to tear the new stadium down in 10 years, just wait and see. In just 65 years I have seen two baseball stadiums built from scratch in Atlanta and the same for two coliseums (OMNI and Phillips) and oh yes, the wonderful Georgia Dome. I am all for progress, but wasteful spending at the public expense is something else.

The Citizen

December 10th, 2012
10:14 am

It’s cute how they talk about terms for renewing the lease in the new deal. At this rate, they’ll have already torn the new one down by then for ANOTHER stadium. One with lasers or something.

Get Over It

December 10th, 2012
10:16 am

For all you northsiders on your high horses, get over it. The world does not revolve around your opinion of where major arenas and stadiums should be located because it’s more convenient to you. The thought of you having to come into town may conflict with your pretentious attitudes, but there are football/baseball/basketball fans all over the metro area, including intown and those that live east, west and south of the city. Once more, the intown population has skyrocketed over the past couple of years and will continue to do so. Also, the area around Centennial Park has become a major tourist spot and is the best location in the city for games and tournaments such as the SEC Championship, Chick-fil-A Bowl, Final Four Basketball games, etc. that are attended by out-of-towners. If you don’t like coming downtown to attend sporting events, please do us all a favor and stay home.

WTF

December 10th, 2012
10:16 am

WTF -Truly, WTF.
Morons! I hope they build it and NO ONE comes!
Tax the rich,
Feed the poor,
Till there are,
No rich no more.

Nazareth had it right years ago.

When will ‘you people’ start to get your heads out of the sand (or out of your a$$es) and wake up to the fact that government can’t do everything for you – never has, never will.
If Blank wants a new house, let him build it – where he wants, not where it can be used as a political plum to further the power of the d’town idiot pols.
Where is Sam Massell when we need him?

Erin "spike the ball" Murray

December 10th, 2012
10:16 am

why the F—- do they need a dome/retractable roof????? give me a break Arthur Blank

Donald Bernk

December 10th, 2012
10:17 am

I’m all FOR this deal. In fact, I think it should be even bigger. I’m thinking of moving away from Lake Claire. But if the city and state will put up 1/3 of the cost of my new deluxe home, not only will I promise to stay and contribute to the economic development of Atlanta for 30 years, but I’ll also pay the subsidized cost of my mortgage. If not, I might move out to Cobb Co….
Now I know I’m not THE richest man in the state, but I still need the financial help.

FalconsFan

December 10th, 2012
10:18 am

I like the new stadium and as a taxpayer I’m willing to assist in paying for it through taxes, etc. However, as a long-standing season ticket holder, I don’t like the seat licenses. I’ve seen this in other NFL cities, those seats can cost $40,000, $50,000 and/or more. I can’t afford that and I’ll be disappointed because I’ve invested in the Falcons all these years by renewing my season tickets, but now they’re pushing those loyal fans out because of their greed.

Terms for New Stadium - City-Data Forum

December 10th, 2012
10:18 am

[...] for New Stadium Non-binding terms approved for new Falcons stadium deal | Atlanta Falcons Am I the only one that does not get the outrage over "tax-payer money" being spent on [...]

Vampire Bill

December 10th, 2012
10:19 am

It’s all corrupt. Elected officials lining their pocket and the tax payer gets the shaft.

Esquire is in the HOUSE

December 10th, 2012
10:19 am

ATL1
December 10th, 2012
9:59 am

To people who propose to move the stadium to Doraville/285 – Do you have any idea what kind of a gridlock it will create on 285 and 400? Especially, with all the lane closures that seem to happen every weekend and the Thursday night Falcon games which will interfere with regular commuting. This will be worse than LA and I will be moving to a different city.

*************************************
Maybe on a non Sunday game 285 traffic could take a hit. (400? I disagree) But I also think more people would be willing to take Marta to the game. There is a lot more room to set up some awesome fan complexes and also it would be simple to build express lanes right into the dome parking area. But it really doesn’t matter, it won’t be built in Doraville. .

Nacos

December 10th, 2012
10:19 am

I hope they move to Los Angeles

Atlbirdawg

December 10th, 2012
10:20 am

I don’t care whether or not you agree with a new stadium but for God sakes can you please have an opinion based on facts rather than spoon fed Tea Party sound bites. I am a 16 year season ticket holder and I think the Dome is fine, I would love to have a retractible roof stadium but its not a priority. I hate the idea of PSL’s which I think will cripple the Falcons fan base that actually shows up for games. But most of the commentary I hear around Atlanta about this is that Tax payers are footing the bill, THEY”RE NOT!!! Please read the number of articles that detail the financing proposals for the stadium and make an educated opinion. The Falcons would be paying for more than 60% of the new stadium which RARELY happens anymore, the remaining would be paid by PSL’s 20%, and a Hotel tax from the GWCC that has been in place since before the GA Dome was built. The only tax payer money would be from the hotel tax which would be paid by NON GA residents!

JipWiz

December 10th, 2012
10:20 am

PSL, I am out, sad day

Esquire is in the HOUSE

December 10th, 2012
10:20 am

FalconsFan
December 10th, 2012
10:18 am

I like the new stadium

************************************

You’ve seen it???

PMC

December 10th, 2012
10:21 am

Falcons should buy the Stadium, Falcons should OWN the Stadium. This lease garbage and operating mess is a joke.

Want a new Stadium? Build it. The city should build the infrastructure to it, that’s it.

Esquire is in the HOUSE

December 10th, 2012
10:22 am

Vampire Bill
December 10th, 2012
10:19 am

It’s all corrupt. Elected officials lining their pocket and the tax payer gets the shaft.

*******************************

You got that right.

florida guy

December 10th, 2012
10:22 am

of course it was a unanimous vote!!! Did you expect government to be anything other than perfectly stupid

Tech Actuary

December 10th, 2012
10:22 am

Duran Willis,
I’m not sure exactly what point you are trying to make here. I am a proud North Point member and have gone to church there for years. Yes, I give money to North Point church and I am happy to do so. Buildings, electricty, and staff are expensive but I’m willing to contribute because I find the experience valuable for for my family. I personally feel if you’re going to reap the services of an organization it is reasonable to contribute to that organization. Falcons fans pay for tickets so that they can support the team and I don’t hear you condemning the Falcons as an organization hear…and most of then most likely drive far nicer cars than our pastor. The other difference is that I feel North Point does some amazing things for a lot of people. Did you know they helped raise 4.6 million dollars for charity in one week to help out the local community, or that last Sunday they brought in 33 tons of food for North Fulton Community charities? I’m happy to call North Point home and I hope you’ll come on out some Sunday and experience what I and countless others do on a weekly basis.

Brent

December 10th, 2012
10:23 am

Absolute stupidity. Hopefully any taxpayer costs will be limited to a municipal rather than a statewide capacity. This is NOTHING WRONG WITH THE GEORGIA DOME (other than the management of the NFL team that plays its home games there).

True Falcon Fan

December 10th, 2012
10:23 am

Who’s idea to eliminate “Kickoffs”???

DLed — Good article, we need a better place more up to date. Especially retractable roof is excellent concept for ATL.

So Dled, i have a question — who was the idiot to come up with eliminating kickoffs? I know you probably do not know yet, but please find out let us know ASAP.

Go Falcons — G-men next

CRAPPY WAY......

December 10th, 2012
10:24 am

After the crappy lousy lethargic way the Falcons played yesterday, I say let them all go play in the middle lane of I-75 – it would not be any big loss to the city – by the way the Braves could go play in the northbound lane.

sam

December 10th, 2012
10:25 am

Do you really think building a new stadium will bring in more revenue? First of all, Goodell talked about how Atlanta needs a new stadium to host a SB. So build a new stadium for one SB? Atlanta isn’t getting in the SB rotation like Miami, NO, Dallas and TB. Secondly, GA Dome is a fine football stadium. Chick-Fil-A and SEC host games every year. Plus, NCAA tourney. NO refurbished their dome and they’re doing just fine. The ticket price will skyrocket and most people will not attend games. The attendance has been declining already because people have a better experience at home watching the game on their HI-def TV and comfortable couch.

HRPufnstuf

December 10th, 2012
10:25 am

So, at least the $300 million of public money will come from hotel/motel taxes, not directly from the tax base of citizens, but who is going to get stuck with the ADDITIONAL $300-400 MILLION of cost overruns that will INEVITABLY occur, as they ALWAYS do with these kind of projects?

independentiii

December 10th, 2012
10:27 am

Has anyone done or seen a study of the effects of the hotel tax on bookings? Seems to me there is a point where rooms cost so much folks will book their conventions somewhere else, or visit somewhere other than Atlanta. The Falcons are by far not the only game in town!

Esquire is in the HOUSE

December 10th, 2012
10:28 am

“The Falcons would operate the stadium under a 30-year license agreement, with options to renew for an additional 15 years.”

*************************************

With options to renew after 30 years???

Ok, everyone raise your hand if you think the Falcons will want another new stadium before the 30 years is up.

Brooke

December 10th, 2012
10:28 am

If it’s going to cost 1 billion dollars (with a B), why not use that same $$ to renovate the GA Dome? Let’s logically approach this…tear down a 20 year old stadium to build a new one that’s got a retractable roof…? Arthur, stop trying to be Jerry Jones. The JerryDome exists b/c Jerry has $$… HIS OWN $$ and his team plays in TEXAS where football is on the right hand of Jesus!!!

ATBIRDDAWG

December 10th, 2012
10:29 am

Follow the logic. 300 million in taxes from the hotel/motel tax. Who is that pays those taxes? Taxpayers!!!! How does the GWCC get it’s funding?

PMC

December 10th, 2012
10:31 am

The teams that have the most money to spend year in and year out BUILT their own stadiums.

Now, the real reason this deal is going on is because Atlanta (the city) doesn’t want to lose the stadium site downtown. Not many people are talking about it, but that’s why they are pushing so hard for it. If the team builds it’s own stadium, they have virtually no incentive to keep it where it is, namely the worst pregame experience in pro sports. Atlanta offers virtually NOTHING in an around the stadium environment for any of it’s pro teams. It’s a lot better than it was, since there are some things to do around Phillips, but, seriously, I can’t think of a worse area as far as reasons to go to the game early anywhere in the country. Atlanta is an incredibly poorly planned city.

Aquagirl

December 10th, 2012
10:31 am

“The only tax payer money would be from the hotel tax which would be paid by NON GA residents!”

That’s money that those NON GA residents could have spent in our economy instead of having it re-routed into Arthur Blank’s pocket. It also encourages non-stadium conventions to go elsewhere, which means we get no money at all from them.

If you think hotel/motel taxes produce magic money from nowhere you’re probably sitting on a rent-to-own couch.

PMC

December 10th, 2012
10:33 am

Brooke, the reason they can’t renovate the Dome, is because it would cost roughly that same billion dollars to put a retractable roof on the dome and retrofit that facility, seems crazy, but it is what it is.

Esquire is in the HOUSE

December 10th, 2012
10:33 am

HRPufnstuf
December 10th, 2012
10:25 am

So, at least the $300 million of public money will come from hotel/motel taxes, not directly from the tax base of citizens, but who is going to get stuck with the ADDITIONAL $300-400 MILLION of cost overruns that will INEVITABLY occur, as they ALWAYS do with these kind of projects?

**************************************************

Item 3 says “The rest, including any cost overruns, would be the Falcons’ responsibility, although that could be offset by the sale of personal seat licenses.”

Uh huh, like I believe that cost overruns wouldn’t somehow be shifted. We haven’t forgotten the original proposal for the Ga 400 Toll Rd either, you stole that money at your own discretion.

CrazyFalconFan

December 10th, 2012
10:35 am

I guess I am confused why the falcons just want pay for it. They are already investing over 700 Millons dollars into something they want own!!! That’s crazy to me and they still will have to pay a lease when the State of GA is not even paying half. Thats juzt crazy!

DP

December 10th, 2012
10:37 am

To the mathematically challenged person who wrote earlier that the Falcons lease payment would cover the cost of the new stadium, a $2.5 million per year lease on a $1 billion facility is 1/4 of 1%. It is also less than 1% of what the taxpayers of Atlanta will kick into the deal annually via sales and hotel taxes diverted from productive uses.

It is a disgrace that despite every poll showing 70% or more in Atlanta are against any new stadium deal this is going to proceed without a public referendum.

The Falcons have now gone from my favorite team to my least favorite.

To the “free market” people out there, this is yet another illustration that the upper 1/10 of 1% hates welfare for poor people but loves it for themselves.

Arthur Blank, you are pathetic scum.

Bad idea

December 10th, 2012
10:40 am

First: Try to imagine what pro football will look like in 30 years. I’m thinking more like tag football.
Second: People who stay in local hotels for reasons other than to attend Falcons games, (all year long) get the opportunity to pay Arthur Blank 10% or so. What a sweet deal!

Complete waste of cash

December 10th, 2012
10:41 am

See the Green Bay game last night? Snow, wind, ice – NO ROOF!!! Seventy degrees outside and the Falcons need a dome? A complete waste of cash.

DP

December 10th, 2012
10:42 am

If there’s any justice, Arthur Blank will be 6 feet underground before this boondoggle at taxpayer expense is ever completed.

MoFaux

December 10th, 2012
10:43 am

All I’m Saying says: “Get with the program people! Facts are our friends and here are the facts:”
Indeed, you are correct.
“1)The Georgia Dome is not ‘old’ but it is out-of-date.”
And your point is? If Home Depot wants to update their store location, they don’t ask for tax payers to finance it.
“2) A retractable roof stadium with dozens of corporate suites and all the latest in high tech features is what’s needed for the next 20-30 years if you want to remain a player in the NFL, host other major sporting events (Super Bowl, Chik-Fil-A Bowl, NCAA College Basketball Final Four, College Football Season Opening Games, etc.) and support all types of convention events.”
Who said Atlanta needs any of that? We get plenty of conventions as things are now and this is definitely NOT a fact, but rather your opinion. A new Dome is not necessary to attract conventions. $300 million (plus, don’t forget the cost of the current Dome demolition, which they have not added into this price I believe).
“3) The City of Atlanta hotel/motel tax falls squarely 99% of the time on tourists and visitors – not resident.”
This is your argument? So, who cares if our infrastructure is crumbling apart and we can’t give teachers a pay raise in 5+ years? This is a TERRIBLE time to spend on such an extravagant purpose.
“4) Spending the hotel/motel tax on “something else” was never going to happen and ripe with political problems with the only other option for the tourist tax being eliminating it which makes no fiscal sense.”
Never going to happen? Another superb argument for flushing $300 million down the toilet. So, we either spend this money on a new stadium, or get rid of the tax? Seriously? So, basically, you think our leaders are completely stupid and can’t find a way to spend $300 million on something that would actually benefit the entire city and/or state. Finally, something we can agree on!
“This is the best outcome if you want to keep your NFL franchise and want to keep the Georgia World Congress Center competitive in the convention hosting business.”
Nice fear-mongering there. Atlanta’s convention hosting has ZERO to do with whether or not we have expensive box seating and/or a retractable dome. If the Falcons move elsewhere because we don’t want to pony up the cash in such a poor economy…then good riddance. Let some other city/state have them. Life will go on.

markie mark

December 10th, 2012
10:44 am

Horrible decision – the cost overruns will kill the taxpayer….and seat licensing? its becoming a rich mans game….

2 live stews

December 10th, 2012
10:44 am

only black should be allowed in the stadium. be sure to serve lots of free water and meat loaf.

Esquire is in the HOUSE

December 10th, 2012
10:48 am

Aquagirl
December 10th, 2012
10:31 am

If you think hotel/motel taxes produce magic money from nowhere you’re probably sitting on a rent-to-own couch.

**************************************

But I only have 2 more payments.

VictoriousOne

December 10th, 2012
10:50 am

Bend Over, Falcons fans…Now you see what pawns you are in the financial chess game of the NFL. I could understand building something new if the goal was to relocate to a more “attractive” area of town for the snooty suburbanites or to replace a dilapidated old relic of a stadium that was falling down, but to build a new building next door to the current building so the team can make more money? It’s unnecessary and financially irresponsible – for everybody but Arthur…

NotYourTypicalAtlantan

December 10th, 2012
10:51 am

When will this be on a ballot so we that are in opposition can TSplost this foolishness?
Im not leaving Cobb County to go down there to be harassed by Park Atlanta, rookie Atlanta police officers, vagrants begging for money, and traffic congestion when I can continue to have the best seat in the house to watch Falcons’ games played at the current dome……………In front of the TV!
There is absolutely nothing wrong with the current dome……..This is a Billion Dollar want not a need-

Pamela

December 10th, 2012
10:52 am

No taxpayers should not pay for this. If that Arthur Blank want a new stadium then he should pay for it. NOT tax payers.

SirReal

December 10th, 2012
10:53 am

I hate this with a passion….especially when there are SOOO many GLARING deficiencies in the City of Atlanta. I get it know. Build a team that can only win in the regular season that way at least the home games can be exciting and he can have a freakin windfall for at least 8 weeks. Ive been a fan for 25 years and honestly this is NOT a championship caliber ball club and it certainly doesnt warrant a new playground. Rise up? I sure will be rising up out of Birdland very soon. I’m just very discouraged guys. Sorry to be the sourpuss.

Dan Reeves

December 10th, 2012
10:56 am

Good luck with your new tent!

snailboy

December 10th, 2012
10:59 am

Falcons need to win a post game and a couple of superbowls then get a new stadium. What a waste of money.

ignition

December 10th, 2012
10:59 am

@what a waste – can you please prove that stat to me that you threw out there.

Esquire is in the HOUSE

December 10th, 2012
11:00 am

Complete waste of cash
December 10th, 2012
10:41 am

See the Green Bay game last night? Snow, wind, ice – NO ROOF!!! Seventy degrees outside and the Falcons need a dome? A complete waste of cash.

****************************************

Didn’t you know those cheese heads come with high tech body heat accelerators???? They run on cold fusion.

IMO football was meant to be played in the elements. The roofs are about fan comfort and event dollars.

26belly

December 10th, 2012
11:00 am

Where are our elected state Senators, Representatives and our Governor while this blatant violation of the public trust and mismanagement of a state agency is occurring? What’s more important the “greater good” of the metro area (suburban/urban mass transit) or a duplicative deal (Falcon’s still DO NOT OWN the proposed stadium!) which is dependent upon tax revenue from hotel & motel taxes. The AJC just ran a piece on the sentiments of metropolitan citizens and their distrust of our elected officials to act responsibly on our behalf…Government is not a turn-key operation and it requires work from the public (citizens) to work efficiently and effectively!

Wutehvah

December 10th, 2012
11:00 am

VictoriousOne has it right… The average fan will pay the price and will continued to get priced-out of attending Falcon games. It’s a joke.

Hilllard Crump

December 10th, 2012
11:01 am

typical jew owner… trying to get every penny he can.

Lynn

December 10th, 2012
11:05 am

20 years and NOW the stadium is obsolete? C’mon man!!! I don’t hear any flack concerning The Superdome, or for that manner Lambeau Field!!!

Growler

December 10th, 2012
11:05 am

Here’s a little cautionary take for you about PSL’s:
I have family up in NYC that were Jets season-ticket holders for 30+ years. When the new stadium and the PSL’s came-a-calling — at $15,000 per seat before the actual cost of the 10 home games — they bailed. Now remember: this was a team that, despite its mediocre results, had a long waiting list for season tickets for years! Now, all of a sudden, Jets sales reps. are calling, offering to trade locations (for lesser priced PSL’s) and other incentives to sell the PSL’s.
What’s happening now after two straight sub-par seasons?
At this point, you can go to a number of websites and check ticket prices for the remaining home game against the Chargers. I saw upper deck tickets for as low as $23! That stadium will be half-empty in two weeks.
Unless the Falcons perform at an insanely high level for years, their new stadium is going to be a mausoleum.
I’d say to anyone who favors this: be careful what you ask for…

DP

December 10th, 2012
11:07 am

The good news is that when the Falcons get whipped in the first round of the playoffs again instead of being disappointed I’ll be laughing at them.

Esquire is in the HOUSE

December 10th, 2012
11:07 am

2 live stews
December 10th, 2012
10:44 am

only black should be allowed in the stadium. be sure to serve lots of free water and meat loaf.

***********************************
Certainly you meant black as in jersey color or as in “black ink”…..

Horrible location

December 10th, 2012
11:08 am

Ive been a season ticket holder for 10 years but have been attending fewer and fewer games every year due to the challenges of getting to the GA Dome. It’s in an area that can’t be easily accessed from interstates. When game ends, police route you 5 miles through parts of town you hope to never see again when you could have gotten to the interstate quicker had police allowed you to go a different way. From Dunwoody, it often takes me 1.5-2 hours to get down there(particularly for night games) and the same or longer to get home. The 1st consideration for any new stadium should be a better location – downtown or not- that is easier to get to. This city proved it’s incompetence with the location and handling of the Turner field and should not be relied upon with key decisions around the new Falcons stadium.

STACE

December 10th, 2012
11:08 am

Here lies the problem. What part of the constitution allows for our tax money to be taken for sporting events? Come on people, why do you think we are in this shape. Spend, spend, spend. Tax tax tax. Taxes are to be taken for ROADS, BRIDGES, SECURITY, SCHOOLS. Not to support the billionaire and his million dollar players. What a waist of tax money.

ignition

December 10th, 2012
11:10 am

Welcome to Atlanta, where we’ll do anything to attempt to look good, despite the reality of the major problems that need to be addressed across the city.
OK build a new stadium but the Falcons should also have to pay for major reconstruction around the area, new parks, greenspace walk ways, and make it attractive for new investments around the area as well as linking it to current business districts in the Lucky St. District and around Castleberry.

Atlbirdawg

December 10th, 2012
11:10 am

The city of Atlanta and the GAWCC want to retain ownership of the stadium, it allows for a significant revenue stream for the city. Blank is able, and I would bet willing, to pay to build a new stadium independent of the city in the long run he will make more money this way. GWCC wants to keep events like the Chic-fil-a Bowl, SEC championship, Kickoff Classic, Final 4’s, countless concerts, and special events and the revenue that comes with them. Not to mention if Blank were to finance it himself with the help of the NFL he’s likely to move it away from downtown. This is more lost revenue for the area. This is hardly a boondogle its the city’s attempt at retaining a significant source of income.

Bravesfan77

December 10th, 2012
11:10 am

Tax money used once again for a private person to have his private football team supplied. If he wants a new stadium them let him build it. He has the money. Tax money should not fund private industry period!

909

December 10th, 2012
11:11 am

Final Score:

Arthur Blank: $1 Billion

Elementary-Middle-High Schools students in Georgia: ZERO

In other words………..

The 1%: $1 Billion
The 99%: ZERO

Esquire is in the HOUSE

December 10th, 2012
11:11 am

Wutehvah
December 10th, 2012
11:00 am

VictoriousOne has it right… The average fan will pay the price and will continued to get priced-out of attending Falcon games. It’s a joke.

*******************************************

Remember the days of all the blacked out Falcons games…………………..get ready.

Native Atlantan

December 10th, 2012
11:12 am

Why take down the dome? I’ve always liked the idea of having both the ACC and SEC football championship games in Atlanta. The ACC would love to have their game here, and the two facilities would give them that opportunity.

What will happen to the space where is the dome is located right now?

TBone

December 10th, 2012
11:12 am

This thing is gonna happen come hell or high water. Show me a politician who does not get orgasmic over spending other people’s money and I’ll show you a fish riding a bicycle.

ignition

December 10th, 2012
11:13 am

@Horrible location It’s called MARTA. it’s smarter..
I actually never had an issue with parking because I know the area.

Wutehvah

December 10th, 2012
11:14 am

@Esquire is in the HOUSE…

You got it… Sad but true…

DP

December 10th, 2012
11:17 am

For those interested in how business, the mega wealthy and their bought and paid for politicians pig out on corporate welfare, here’s a link to a very good 3 part series that recently ran in the New York Times. Links to the 3 stories are near the top of the page.

http://www.nytimes.com/interactive/2012/12/01/us/government-incentives.html

The formula is to give massive handouts from taxpayers to wealthy private interests, then slash spending on education and other public services.

First Fan /season tix Holder

December 10th, 2012
11:19 am

The bottom line is the Falcons do not get all of the revenue from the Ga. Dome why build a new dome for them to get that, when all you have to do is give the Falcons all the revenue from the dome as it stands now I know why Mr.Blank wants a new stadium I can`t blame him our elected officials need to come up with a plan to get everybodys hand out of the Ga. Dome pockets so all of the revenue can go to the FALCONS then we won`t need a new stadium I have been to over eight stadiums but none are as good as the Ga. dome sometimes new is not always good even Dallas new stadium is not better than the dome you can`t see the game live for the concourse or in the restrooms give the Falcons all the revenue we won`t need a new dome and you won`t price me out because I will not pay for a PSL. The tickets are high enough as is and I am A guy that will be hard to replace I have only missed eight home games in 46 years.Also the North site is to far form the Marta line where 50% of your fans come from on game day nobodys is in favor of walking up and down the hill on Northside dr. the south site is gonna be a problem with the wall behind the orange parking lot but you will have to put it there to stay on the MARTA line if you don`t you are not being very smart I`m a Falcons fan for life but don`t disrupt mine.So elected officals turn over all revenue to the FALCONS we won`t need a new Dome.

Aziz

December 10th, 2012
11:20 am

Royal waste of a billion dollars. I am a season ticket holder and there is nothing wrong with the current dome. They are going to come up with $300 million in new motel taxes? Do you think visitors want to come here and pay additional taxes just because we will have a new stadium?
How about some input from public or atleast the season ticket holders on this decision ????

Bravesfan77

December 10th, 2012
11:20 am

They don’t have to get revenue from the new stadium they can simply use the old one for that kind of stuff. Makes no sense and I don’t like it. People are homeless and things need fixed around here. I would much more like to see the police get a raise then let the spoiled athletes get their new stadium. Priorities here people, priorities. A stadium we do not need.

Bravesfan77

December 10th, 2012
11:23 am

Well DP, the way I see it we have a vote to use come election day and my vote will be to remove everyone who voted for this tax money waist.

the NFL always gets its way

December 10th, 2012
11:23 am

Once again, the NFL bamboozles another city/state into replacing a very nice stadium just b/c it wants it. Unbelievable. Just freaking unbelievable.

blazerdawg

December 10th, 2012
11:23 am

$300M from hotel/motel tax to keep Atlanta’s hospitality industry on the leading edge is a GOOD investment.

Improving the Vine City area with the deal and generating small business downtown that appeals to skeptical transplants and visitors would make it a GREAT investment.

Anybody remember downtown in the 60s & 70s before sprawl and flight – it was awesome!

Atlbirdawg

December 10th, 2012
11:23 am

Aziz,

Its not $300 million of NEW hotel taxes they would be extending a tax that already exists for the GA Dome for a longer period of time.

Main Man

December 10th, 2012
11:26 am

DP

December 10th, 2012
11:27 am

And for the economically illiterate who say that the $300 million is from a hotel tax so the taxpayers of the city of Atlanta aren’t really paying for it, if the new stadium wasn’t built and the tax was continued, that money would be available to benefit the taxpayers of Atlanta via increased services, funding of education, reduction of property taxes, etc.

hotel tax question

December 10th, 2012
11:28 am

I’ve heard a few people talk about how this won’t affect residents b/c it will be funded with a hotel tax. Does that mean this hotel tax couldn’t be used on other things? There are plenty of other things we could spend it on.

Gobstopped

December 10th, 2012
11:30 am

In year 31 of this stadium’s existence, the taxpayers will still be owed a little over $197 million dollars. That means the 30 years of rent payments from the Falcons will not repay the taxpayers HALF of what they were given.

I’m not a fan of raising taxes when politicians spend what they already receive so unwisely, but I’m especially appalled that we would institute a tax to pay for a private entity’s business venture. You know how we know it’s private? Because the Falcons will retain ALL revenue generated at the stadium, while only paying a measly $2.5 million + 2% per year in rent. This is a disgusting display of corporate welfare.

Atlbirdawg

December 10th, 2012
11:33 am

It’s obvious that the majority of the people posting on this topic have no clue at to what is being proposed, they hear ” tax” and freak out to their own inaccurate conclusions. I personally don’t think there is anything wrong with the GA Dome but the plan that has been proposed will not cost the GA or ATL resident anything unless they actually go to the games and have to pay to cover the PSLs. Blank can afford to do this on his own and would have the backing from the NFL, if he does he will go outside of the city where land is cheaper and build it for less. I would bet that he would then begin to land all the other events that are currently held at the GA Dome which pays the GAWCC. If the Falcons leave the Dome then the GAWCC loses one of its largests sources of revenue and the Dome will be short lived. The city of Atlanta will lose massive amounts of revenue as a result. It is beneficial for the city for the Falcons and the stadium to stay in Atlanta.

getreal

December 10th, 2012
11:35 am

I don’t care if it’s an extension of a current tax or if non-residents would be responsible for paying it. They want to use tax money (public money!) to subsidize Arthur Blank’s business when we have roads that are falling apart and kids who “can’t read real good.”

TheLazyComic

December 10th, 2012
11:36 am

More money wasted. Why is the Untied States such a “throw it away” place?

J Dunbar

December 10th, 2012
11:38 am

Atlbirdawg,

You seem to believe that this hotel tax can only exist if the funds are used on the stadium. Is that correct?

If so, I have some oceanfront property in Arizona for sale. Thought you might be interested. Let me know.

Thanks.

Build it, they will come

December 10th, 2012
11:39 am

What the naysayers don’t mention is that all the possible events a new stadium will provide. The Georgia Dome has fulfilled its purpose. The GWCC needs the land to build more exhibit space to attract the large conventions. These conventions provide money and jobs to all the Atlanta area. Yes I want the Falcons to pay as much of the cost as possible. Business is what drives the economy, not some poor ass old tea bagger who wouldn’t know how business works. All the tea baggers know is NO TAXES.

Atlbirdawg

December 10th, 2012
11:41 am

The Falcons are not the ONLY revenue source for the DOME!!! SEC Championship, Chic-fil-a Bowl, Kickoff classic, final fours, monster truck, concerts, ect, ect, ect. This money goes to pay for the dome/stadium as well. The Falcons are just the most significant fulltime tenent of the Dome. A new stadium will also be able to host these events which would contribute to paying it off. I wish I could find a tenent who would put up of 60% of the cost of a house and then agree to rent it from me for 30 years.

Wutehvah

December 10th, 2012
11:44 am

Nawlin’s seems to be doing OK with their 30+ year old dome – still pulling Super Bowls and other large events. Why?? People wanna travel there!!

sam

December 10th, 2012
11:44 am

I challenge anyone who supports this stadium idea to name anything good this does for the average Falcon fan. Location? Still hard to get to. Parking? As bad as always. Super Bowl? We won’t be able to get tickets. Cost? Worse part – Personal Seat Licenses plus cost of Season tickets. Nicer stadium? Just what the hell is wrong with the GA Dome anyway?

I bought my first season tickets in 2008 to support a team that was in shambles. Now that they have turned it around, this is the “reward” the loyal fans get? Looks like 2016 will be my last season.

common sense

December 10th, 2012
11:45 am

So what events are we not getting now that we’ll be able to get with this new stadium? We all know the Georgia Dome is a dilapidated piece of crap and can’t attract events like the Final Four, SEC Championship, Chick-Fil-A Kickoff and Bowl games, concerts, etc. Wait…what?

And if anyone says “Super Bowl”, just punch yourself in the stomach for me.

Atlbirdawg

December 10th, 2012
11:46 am

@ J Dunbar

Actually the Hotel tax can ONLY be used to pay the bonds that secured the GA Dome. As in any public bond offering the revenue source has to be explicitely defined and the revenue from that source can only be used for the defined purpose. The other SEC ( Securities & Exchange Commision) have a few rules regarding this.

florida guy

December 10th, 2012
11:47 am

Investing tax dollars, no matter where they come from into sports, and not investing into education, infrastructure, medical research, and technology is just one more example of why America continues to slip from the top. News Flash–the Chinese aren’t building stadiums! There building aircraft carriers.

PMC

December 10th, 2012
11:47 am

As I understand it folks, the city is building a multi model transit site near the north site so it would be a new Marta stop.

J Dunbar

December 10th, 2012
11:49 am

Atlbirdawg,

So…they couldn’t extend the hotel tax and explicitly state that it is to be used for education?

I still have that oceanfront property available. Let me know.

keley

December 10th, 2012
11:50 am

The people on the board has got to be crazy as hell. The falcons are not a championship caliber football team. Sure they may go to the playoffs and get shut down in game one just like last year. They remind me of the braves so close and yet so far away. Fans are crazy for paying those ticket prices and for season tickets a fee tacked on. Oh and one more thing old authur blank is trying to be like snyder and old jerry jones trying to run with the big dogs. Oh the falcons make me sick

lonewolf

December 10th, 2012
11:52 am

$1 billion stadium—arthur and connected politicians get richer, taxpayers get hosed.

Griz

December 10th, 2012
11:52 am

I’m looking forward to having a MARTA stop nowhere near the new stadium, just like our situation at Turner Field. That way they can make more money from parking.

Atlbirdawg

December 10th, 2012
11:53 am

J Dunbar,

Not exactly, they would have to issue a new bond specifically for education, pay off the existing bond for the GAWCC which would release them from the liability already owed from the Dome. In that situation you are paying off a larger portion of the debt with public funds.

RedandBlackDAWG

December 10th, 2012
11:55 am

I sure hope the stadium cost are worth it for the folks in Atlanta and Fulton counties. It sounds like they are staying away from trying to get some type of tax for the whole state, so I applaud this, although it is only a first proposal. Now, if the Falcons can just win a playoff game, perhaps that will sooth the feelings of a few skeptics. Not a great fan of Pro. sports, so as long as it doesn’t take money from my pocket, I say, go ahead with it.

john

December 10th, 2012
11:55 am

State employees are crooks so this does not surprise me. Neither will the continued GA400 tolls surprise me.

Griz

December 10th, 2012
11:57 am

They haven’t even paid off the existing bond?!

Good grief.

Esquire is in the HOUSE

December 10th, 2012
11:58 am

Non binding? Hmmmm, so everythng could change.

Jim

December 10th, 2012
11:59 am

I am glad I do not live in the City of Atlanta.

ohgreat

December 10th, 2012
12:01 pm

Great, now move it to the old auto plant location off 285 & 85 instead of forcing people to go downtown and put up with the homeless.

Sparta_Bubba

December 10th, 2012
12:01 pm

Did someone bring up graft and corruption in Gwinnett County and also question the ethics of Governor “Sweet Deal?” Surely you jest!!! There is no such thing as a Republican crook!

Sparta_Bubba

December 10th, 2012
12:02 pm

Jim, I’m also glad you do not live in Atlanta.

common sense

December 10th, 2012
12:02 pm

I don’t understand how anyone looks at the price of Falcons tickets NOW and says they’re worth it, so it absolutely blows my mind that anyone would consider paying for a PSL. Once they put this other con in place, the overall price of attending games is going to go through the roof.

Sparta_Bubba

December 10th, 2012
12:04 pm

Jim any way we can talk you into getting the rest of your Kousins and your Klavern together and moving with them to Alerdamnbama?

DP

December 10th, 2012
12:04 pm

“I wish I could find a tenent (sic) who would put up of 60% of the cost of a house and then agree to rent it from me for 30 years.”

Falcons annual rent payment: $2.5 million initially + 2% a year
Cost of facility: $1 billion

$2.5 million divided by $1 billion = .0025, 1/4 of 1%. In year 30, after 2% annual increases, the Falcons rent would still be less than 1/2 of 1% of the $1 billion projected cost to build the stadium, (and given the usual graft and incompetence we can probably count on several hundred million more in cost overruns).

So Atlbirdawg, can you explain how the payments by the Falcons equate to 60% of the cost of the facility as you’re claiming?

Realist

December 10th, 2012
12:05 pm

Really? Now? Look at the headlines in the paper. Spending this kind of money (regardless of the alleged source of the money), is just stupid.

Atlbirdawg

December 10th, 2012
12:07 pm

@ DP

Because the Falcons are putting up $600 million plus all overruns 600/1000= .60%. Plus the proposed PSLs would generate another $200-$300 million.

reality

December 10th, 2012
12:07 pm

Demoish the Georgia Dome. Wow. I guess it’s time to demolish Turner Field and put a retractable roof on it. Green Bay has an outdoor stadium in Northern Wisonsin on Lake Michigan. And we need a retractable roof in the South. Smart men and women make stupid decisions. This is one of them. More tax money. More tax money. More tax money. When does it stop?

sam

December 10th, 2012
12:08 pm

PSL = A return to blacked out home games

Yeah! Let's just issue another bond without raising taxes!

December 10th, 2012
12:09 pm

This bond nonsense is a shell game meant to confuse the public and wear them down into submission.

The fact of the matter is that the current bond used to pay for the current stadium has not even been paid off by the hotel tax. Now they want to issue another bond before the current one is paid off and without implementing another tax or raising the current tax to pay for the 2nd bond.

Incredible.

Atlbirdawg

December 10th, 2012
12:10 pm

@ DP

From the article that you obviously did not read…
•Falcons contribution: Other than the proceeds of the bonds backed by the hotel/motel tax, plus the seat-license sales, the Falcons “are responsible for funding the remainder of (the stadium’s) costs, including cost overruns” and must “provide reasonable evidence to GWCCA of a financing plan.” (Ballpark math: If the hotel-motel tax covers about $300 million and PSLs about $100 million, the Falcons would be responsible for about $600 million. The team could be eligible for up to $200 million in loans and grants from the NFL.)

Justineisu

December 10th, 2012
12:11 pm

Has anyone looked at Los Angeles and how well they have done without a football team. Downtown LA has grown and there is a lot more entertainment designed for regular people who live and work there. Atlanta puts too much concentration on tourist and sports instead on the quality of life.

It is a sad day when the Mayor is fighting for a $1Billion dollar stadium and city employees have not had a raise; there is little if any affordable non-subsidized housinng in the city.

But Arthur Blank gets what ARthur Blank wants. He wanted an overpriced trolly to take people away from the King Center to his Fish Tank he got it. Now he wants a new stadium and he is going to get it.

Regardless of your political persuasion you should see this as another time the rich are going to get richer off the backs of the poor and middle class.

[...] The Georgia World Congress Center Authority has this morning approved terms for moving forward on a ne…. [...]

Downtown Resident

December 10th, 2012
12:17 pm

People, if the Hotel/Motel industry in Atlanta will be collecting the 300 Million “hotel tax” to fund this, dont you think all parties would need to listen to the Hotels? All these hotels are in downtown and that’s where the fans stay. Doraville is nowhere close in terms of hotel capacity and why would the Hotel lobby want fans to go stay someplace up north? I live in downtown and trust me its VERY difficult in terms of traffic on game day however, I still support the new location to be in town, in ATL, regardless of the traffic issues. We need fans, both local and visiting fans, to come downtown and spend money here in town…. the downtown district needs this revenue for it to become popular and attract more businesses, residents, and tourists and help shed its image of ghost town (in the night). Thanks for reading.

Taxpayer

December 10th, 2012
12:17 pm

A 30 year contract with a 15 year extension??? The Georgia Dome is only 20 years old. Why should we believe they will stay in a new Stadium for 30 or 45 years. 15 years from now they will again want a new stadium.

hard rain

December 10th, 2012
12:18 pm

The reality is the Falons stink and they will lose in the first round of the playoffs…again….
embarrassing to get carved up by $cam newton.

???

December 10th, 2012
12:20 pm

I know Blank has shown an interest in a Major League Soccer franchise here. I have not seen any mention of that possibility in the recent stories about the stadium. Seattle included that into their push for a new stadu=ium years ago and as a result CenturyLink Field was built with soccer in mind and now that team leads the league in attendance.

BobDawg

December 10th, 2012
12:21 pm

ATLBIRDAWG… Great comments on the situation… Arthur Blank has been a great Steward of the Falcons and the city as has Bernie Marcus… this Stadium will benefit both Pro and College Football and with “Jerry world” in Dallas already built and a threat…We need to get this done for future Super Bowls; SEC Championships and other events… Blank has never gotten the revenue that most owners get in Stadium deals and it is going to change whether all like it or not…

jbill

December 10th, 2012
12:21 pm

D Willis.u a idiot…..Ego u to if you think u better off now..Your tax will go up greatly Jan 1…and I’m not a tea bagger.

Fools spending for new Stadium in this economy.

PSL = corporate takeover

December 10th, 2012
12:22 pm

Step 1 – Pay off the Georgia Dome bond using the hotel tax funds.

Step 2 – Issue a new bond for education or transportation using the hotel tax funds.

Step 3 – Tell Roger Goodell and Arthur Blank that a 20 year old, recently renovated stadium in great shape that still attracts all the marquee events doesn’t need to be replaced.

Atlbirdawg

December 10th, 2012
12:24 pm

@ ???

Blank is interested in bringing a MLS Team here and has planned for that possibilty from the article..

The stadium will be designed to accommodate soccer. The proposed deal gives a high priority on the stadium’s booking calendar to Major League Soccer games if an MLS team “owned or controlled by the Falcons or its principals is established within 10 years” of the stadium’s opening.

DP

December 10th, 2012
12:24 pm

Atlbirdawg, I did read the article but in seeing red over the $300 million theft from the taxpayers of the city of Atlanta I overlooked the Falcons paying for the rest of facility via seat licenses, money from the NFL and their own money.

That doesn’t mean what you originally wrote wasn’t misleading. You said why wouldn’t you want to build a facility when you had a tenant paying for 60% of the facility. The problem is, it’s not your building, it’s theirs, as noted in the article:

“The Falcons would be responsible for all of the stadium’s operating expenses and would retain all revenue.”

So all the revenues from tickets, concessions, parking, etc. for events like the SEC championship game go to the Falcons, i.e. to Arthur Blank, for a stadium that was built with $300 million in funds from the taxpayers of Atlanta and via PSLs from Falcons season ticket buyers.

Joe Anthony

December 10th, 2012
12:25 pm

Are you kidding me. Why should Atlanta and Fulton County contribute $300 million from hotel tax? If the Falcons want a new stadium let them pay for it. Arthur Blank and his family foundation hold more than $1 billion of Home Depot stock. Sell it and pay for the stadium.

BobDawg

December 10th, 2012
12:25 pm

TAXPAYER… it is not about how old the Dome is… When the owner does not get the revenue from the skyboxes or the concessions… It ain’t gonna fly. I go to Chicago each month and the hotel tax up there is crazy high but my Co. pays it so who cares/???

1998 Was Our Year

December 10th, 2012
12:25 pm

Just win a Super Bowl!!!

Weapons of MisDirection

December 10th, 2012
12:27 pm

Arthur Blank’s fish tank? It was funded by $100 million from Bernie Marcus, you moron. Have you even been to Atlanta? Most people on this blog clearly never come downtown. That same trolley takes people away from the fish tank. It travels in both directions, like every other train on Earth. Just stay in your cul-de-sac, it’s easier than having to explain the real world to you.

BobDawg

December 10th, 2012
12:27 pm

JOE ANTHONY…. when was the last time you stayed in a hotel downtown??? Did your company pay for it or you??? It’s a no- brainer…Do you want Football or not?? Do you want the ATL to be a big time city or a ghost town???

DP

December 10th, 2012
12:29 pm

“Blank has never gotten the revenue that most owners get in Stadium deals”

Poor Arthur, he has so little and the average taxpayer in the city of Atlanta has so much.

5 Year Season Ticket Holder

December 10th, 2012
12:32 pm

Ok! So we are getting a New Stadium…That is not the biggest issue to me as the LOCATION is…

I got curious and just asked folks sitting around me a few games ago where they lived…
Row in front of us had 4 folks from Fulton Cty., 3 folks from Gwinnett Cty, 2 ladies from Clayton Cty., and 4 folks from Cobb Cty. Row behind us had 2 guys from Douglas Cty, 4 folks from Paulding Cty, 2 more from Gwinnett Cty, and 4 folks from Cobb Cty., next to us were 4 folks from Bartow Cty., (1st game for them so they may count or not for this discussion), and the folks on the other side of us were from DeKalb & Cobb Counties.

Is our section the norm? I don’t know but it is a mix of young / older / black / white…regular dressed and some who paint their faces and really get into the game. My point is we all seem to come from ALL OVER the metro region so to say any one spot is better than the other is not accurate. Is the current Dome location the best for everyone…NO because of the obvious problems with parking, and no good restaurant venues for before and after the game.

Just because our team is called the ATLANTA FALCONS does not mean it has to be located right in downtown! While it would be a bit longer drive for us I for one like the idea of putting it over near the old GM plant. You still have MARTA rail access and plenty of parking is available and a huge selection of restaurants is nearby.

I am not as keen on a Gwinnett location simply from the standpoint of no MARTA rail availability. Now putting it somewhere up the 400 corridor would also be OK since the rail line now runs that way for access, also you have the restaurants and sports bars in that direction also.

The real BOTTOM LINE is it DOES NOT have to be built in the middle of a depressed area in downtown like the DOME is. That may not be the “politically correct” thing to say but it is reality and the facts.

BobDawg

December 10th, 2012
12:33 pm

It’s a done deal folks whether you like it or not… You can have some “whine with your cheese” but don’t complain when you are sitting in the New Stadium with the retractable roof back during a 75 deg. game in the future and the game played on a real grass field or a World Class soccer event held there, etc….

Atlbirdawg

December 10th, 2012
12:34 pm

@ DP

THE GAWCC would retain ownership of the property will the Falcons would run it, from the article…

Who would own the stadium?

The Georgia World Congress Center Authority, a state agency

From my understanding from other reports on this subject is that the Falcons would only be entitled to revenue generated from Falcons games, not other contracted events. These events like SEC Champ, Chickfila, ect are under contract well past 2017 with the GAWCC not the Atlanta Falcons. THe GAWCC would be dumb to hand over these rights to the Falcons. This article is not very clear on that subject however, that would be a great question to ask GAWCCA.

Arnie

December 10th, 2012
12:35 pm

Major League Soccer, here we come. Can’t wait to go to my first Atlanta Chiefs game in decades.

BobDawg

December 10th, 2012
12:36 pm

5 YEAR SEASON TICKET HOLDER… While I agree on the venue location. The new stadium will have restaurants and an “area” friendlier to fans as they understand just like the Braves that the surrounding area has to be a destination area for fans.

Erik

December 10th, 2012
12:41 pm

So when will the current Georgia Dome bond be paid off? I don’t understand how you can issue another bond using the same tax money before the current one is paid off.

Just trying to understand the issue better. Thanks.

BobDawg

December 10th, 2012
12:41 pm

ATLBIRDAWG… you are correct the Ga World Congress Center would get the revenues from all outside activities. Not a bad deal from a 1/3rd of the cost…

Brandon

December 10th, 2012
12:41 pm

People are idiots, the only TAX they will use will be the hotel tax. Unless you live in a hotel, your not going to be paying anything. Also we need a new stadium, a new stadium = more $$$ for the city.

Atlbirdawg

December 10th, 2012
12:41 pm

About location…

I think Blank would rather be outside of Atlanta as well, he could build what he wants with parking for less. I think Gillette Stadium would be a likely model, with mix use facilities, Mall, Foodcourt, hotel, movie theater, Team museum, ect. Blank would own his stadium and all revenue and then sell the naming rights for a sizable amount. This is a hard push by the city to keep the Falcons downtown, not Blank looking for a handout.

BobDawg

December 10th, 2012
12:42 pm

bond i paid off around 2015/2016

Flying High!

December 10th, 2012
12:45 pm

OK, so taxpayers will pay $300M up front. Yes it’s mostly visitors funding the hotel / motel tax, but it’s still revenue that can be used anywhere on attracting tourist which frankly the Ga. Dome does NOT do. At least not in substantial amounts compared to it’s cost.

A 30yr lease at $2.5M with a 2% annual increase will net $101M over 30 years.

Falcons can opt for a 15yr. extension? Forget about that, it’ll never happen. They have a 20yr. old building that is ‘obsolete’ now. Think they’ll still want a ‘obsolete’ 30 yr. old one? I guarantee they’ll be wanting a new stadium at 30yrs.

The GWCC will own the building and be able to lease it out for other events, but I don’t see this being a huge revenue. If the Falcon’s are paying $2.5m for 10 games, I doubt any other event will generate any substantial income.

So in the end we’ll have recouped $100M of $300M, and after 30 yrs. have an old, obsolete building probably no one will want to buy. After all, if they’re going to demolish the Ga. Dome which will cost millions to destroy a perfectly good stadium, I have no doubt the new stadium will suffer the same fate. And during that time the Falcon’s have kept every penny made on game days. Yea, this is good for the city & state…

I love the Falcon’s and really enjoy going to every game. But it’ll be a cold day in hell when I pay a PSL for the ‘right’ to then pay for tickets. I guess I’ll enjoy the last 4 years of my season ticket and game day experiences, then use the PSL fee to buy a new top of the line TV and start a new game day experience in my home – with extra money in my pocket.

The greed of the NFL will kill Americas Sport. Just ask baseball……

Erik

December 10th, 2012
12:45 pm

Bob Schnittman

December 10th, 2012
12:45 pm

@woodrow: How can things that bring in tax revenue not cost the tax payers? All tax revenues come from a tax payer.

Atlbirdawg

December 10th, 2012
12:45 pm

@ Erik

The current bond is scheduled to be paid off by the end of the Falcons current lease which I believe ends in 2016. If they were to issue a new bond for a new stadium they would pay off the existing one as the terms would be different. THink of it as refinancing your house, the new loan would pay off your existing loan and the remaining amount would be paid as agreed under the revised terms.

Atlbirdawg

December 10th, 2012
12:48 pm

@ Flying High

Your missing one important fact. The Falcons are covering over $600 million of the stadium’s cost. Other events will not get a rate of $2.5 million/10 because they haven’t contributed to the costs.

Erik

December 10th, 2012
12:50 pm

When the current bond is paid off, why not issue another one for transportation and back it with the hotel tax? Why do we have to use the hotel tax to build a new stadium?

Is it because the hotels wouldn’t back that type of bond? Is it up to them to decide?

Esquire is in the HOUSE

December 10th, 2012
12:53 pm

(reprinted without permission)

Cowboys Stadium: Originally estimated to cost $650 million, the stadium’s current construction cost was $1.15 billion, making it one of the most expensive sports venues ever built. To aid Cowboys owner and general manager Jerry Jones in paying the construction costs of the new stadium, Arlington voters approved the increase of the city’s sales tax by 0.5 percent (Arlington’s Sales Tax is 8%), the hotel occupancy tax by 2 percent, and car rental tax by 5 percent. The City of Arlington provided over $325 million (including interest) in bonds as funding, and Jones covered any cost overruns.

Also, the NFL provided the Cowboys with an additional $150 million loan, as per their policy for facilitating financing for the construction of new stadiums.

Atlbirdawg

December 10th, 2012
12:54 pm

Erik,

You could absolutely issue a bond for transportation in the same manner, there is nothing that requires it to be used for a stadium. I think this has been proposed because the same tax was used to build the dome so its a familar path and the tax already exists. The city of Atlanta and GAWCC probably feel that the Falcons being downtown benefits them more than improved infrastructure.

CAG

December 10th, 2012
12:55 pm

Please, select the site that’s north of the current location. Has anyone not learned that south of downtown is horrible? If the people responsible for building the Olympic Stadium/Turner Field had a clue, they would realize that the majority of the fans live in the northern suburbs of Atlanta. Make it difficult for them to get to the stadium and they want show up.

Growler

December 10th, 2012
12:57 pm

Bobdawg, I see you and Atlbirdawg are supporting the new stadium, but I couldn’t let this pass by:

“The new stadium will have restaurants and an “area” friendlier to fans as they understand just like the Braves that the surrounding area has to be a destination area for fans.”

Are you serious? What on earth is around Turner Field that would be viewed as a “destination area.”
I understand the politics involved and the involvement of the GAWCC, but when they build this thing (and they WILL, because the NFL commissioner is obsessed with building new stadiums and he gets his way), why not just move it to a different area, at a cheaper cost, where they can build real entertainment and restaurants around it? Nothing is ever going to change downtown.

Erik

December 10th, 2012
12:59 pm

Thanks Atlbirdawg. Very shortsighted of the State and city of Atlanta imo. And I think when you get down to it, most residents feel the same way.

Atlbirdawg

December 10th, 2012
1:05 pm

@ Growler,

I’m a 16 year season ticket holder and lifelong Falcon fan. To be honest I would love a retractable roof stadium, but there is nothing wrong with the Dome. I just know that Arthur Blank wants a new stadium and has backing from the NFL to do it. I’m not a fan of GA taxpayers subsidizing any costs but I have no problem with the hotel tax. PSL’s will probably be the end to my seasons tickets and I think will fail miserably in Atlanta. However this proposal is an effort by the city and the GAWCC to keep the Falcons happy and downtown if this fails Blank will move the team outside of Atlanta. He could get as much subsidy from naming rights alone as he’s getting from the hotel tax while maintaining complete control of the facility.

THE TRUTH

December 10th, 2012
1:06 pm

It’s already too expensive and, more importantly, a fn hassle and unenjoyable day long event to get the family to the dome. Luckily I don’t live where Marta runs, so I can’t just jump on the train (but I don’t get home invasions once a week). So it’s a full day to catch a game. Throw in no restaurants to enjoy before and after so I’m left bring my grill to eat. I’m not saying move to the burbs, but cleanup the area to make it enjoyable to spend a day. Otherwise I’ll enjoy my season tix in the recliner in section HDTV.

FalconFreak

December 10th, 2012
1:06 pm

Yeah…higher taxes…we taxpayers heartily support an increase in our taxes so Blank can make a few more bucks. I’ve never seen a study which indicates taxpayers did not have to pay higher taxes so some 1%ter could make a few more bucks off of his team. NEVER!!! All the bull crap about how a stadium brings visitors to the city which benefits all is bull hockey….it’s a stadium version of the trickle down theory. Yes some business owners will benefit but not the taxpayer. Personally, I don’t care where the Falsons play, GA dome, Kansas City, etc., cause I’m watching them on TV like all the other folks who cannot affort current ticket prices.

Curzen

December 10th, 2012
1:08 pm

if you need a new stadium, man up and build it. but keep tax money out of it.

Lala land falcons fans

December 10th, 2012
1:08 pm

Note to all fans wanting the stadium moved: They are the ATLANTA Falcons!! This sort of indicates they are located in ATLANTA…not the Doraville falcons of the Falcons of east cobb. Plus then all the suburbanites would G-d forbid have to allow Marta to run up into their pretty, well kept “hoods” and you know that means us poor folk can get on the trains and rob your house and get back on marta with your flat screen tvs. hahahaha Silly people. anyway, GO FALCONS! DIRTY BIRDS BABY!

IJustDontGetIt

December 10th, 2012
1:08 pm

It’s simply called keeping up with the Joneses… In this case, Dallas Cowboy owner Jerry Jones. One billionaire (Blank) not to be outdone by another (Jones). The rest of us are just along for the ride!! The Falcons getting a SuperBowl ring might at least help the sentiment. SMH…

chad

December 10th, 2012
1:09 pm

Its not a new tax morons. Extension of the same tax that built the dome. Not all taxes are created equal. You dont like it? Dont stay in cith hotels or buy PSL or watch on TV.

thebighairybeast

December 10th, 2012
1:09 pm

Here is a thought. Instead of cramming this in how about the GWCC plan this out a bit. The dome is only 20 years old. Instead of 300,000,000 up front why dont they set aside 50 million over the next six years and begin construction later in the decade and have a new stadium by 2020.

Im sure our roads and schools could find many uses for an additional $250 million.

They want a 30 year lease on a new stadium anyway. We can get ten more years out of the dome, and they can actually take their time and do this project responsibly.

Sherry

December 10th, 2012
1:11 pm

Since congress approved, tell congress to pay for it. We have other importnt issues going on that could use $1 bilion dollars instead of a new stadium. Use what you already have.

Growler

December 10th, 2012
1:11 pm

Atlbirdawg: My point exactly. Just move it to the burbs, get naming rights — and come what may.
I get it that that won’t happen, too.
You know, Roger Goodell’s name has barely been mentioned in this blog, if at all. His master plan is to have almost every team get a new, start-of-the-art venue to pump up the revenue. It is going to happen one way or the other.
I agree with you that PSL’s will fail miserably here. I’d have to believe Blank is not so short-sighted as to not realize that already, but who knows?

makes no sense

December 10th, 2012
1:11 pm

The whole the city needs a new stadium for a Super Bowl is totally untrue. The Super Bowl is back in New Orleans and the Superdome is way older than the Georgia Dome and it has only had renovations. This is a big waste of money yet we can not find funding for education or jobs for our returning veterans.

FalconFreak

December 10th, 2012
1:12 pm

By the way, the only reason we’re having this discussion is because the taxpayers are the ones who will be funding a private venture only Arthur Bland and a few rich business owners will profit from, not you and me. If this is such a great deal and such a huge benefit, why can’t Bland get funding for the billion…he’s worth billions. He gets to keep the profits and he won’t be sending them to you and me but he wants taxpayers to subsidize his business. With all the TV money involved, this should be a no brainer, either it’s economically viable for Blank and his associates or its not and my guess is it’s not because he wants out approval for all the infrastructure costs associated with building a new stadium. If Blank can show us that 90% of stadiums result in a net net benefit for the taxpayer, then do it. lol

Esquire is in the HOUSE

December 10th, 2012
1:13 pm

(reprinted without permission)

MetLife Stadium will host Super Bowl XLVIII in February 2, 2014. The NFL requires that a Super Bowl hosting stadium must have an average temperature of 50 degrees or higher in February or be held in an indoor climate-controlled facility. However, NFL commissioner Roger Goodell would waive this requirement. The stadium was allowed on the ballot because of a “unique, once-only circumstance based on the opportunity to celebrate the new stadium and the great heritage and history of the NFL in the New York region”

grumble

December 10th, 2012
1:16 pm

Looking forward to MARTA not going to 2 of our 3 major stadiums. That is going to be awesome. That’s the way most major cities would do it.

Kane337

December 10th, 2012
1:16 pm

I’m fine with the new stadium if they only charge PSL’s for premium seating. Leave the normal and cheap seats alone. The average Joe can’t afford to pay for PSL’s.

grumble

December 10th, 2012
1:19 pm

You gotta love the morons who come on here and try to tell people that tax money isn’t being spent on this nonsense instead of transporation, education, etc.

“It’s a hotel tax!” No crap Sherlocks. It’s also money that could be spent anywhere.

WTF?

December 10th, 2012
1:21 pm

Wtf is Blank obessing about getting a Super Bowl? Jeez.

My Baby Does The Hanky Panky

December 10th, 2012
1:21 pm

Lala land falcons fans
December 10th, 2012
1:08 pm

Note to all fans wanting the stadium moved: They are the ATLANTA Falcons!! This sort of indicates they are located in ATLANTA…not the Doraville falcons of the Falcons of east cobb. Plus then all the suburbanites would G-d forbid have to allow Marta to run up into their pretty, well kept “hoods” and you know that means us poor folk can get on the trains and rob your house and get back on marta with your flat screen tvs. hahahaha Silly people. anyway, GO FALCONS! DIRTY BIRDS BABY!

– - – - – - – - -

So it was you who broke in my house.

Lala land falcons fans

December 10th, 2012
1:24 pm

My baby does the hanky panky:

Yea, what can I say, I packed up the entire house in my santa sack and got back on the train and came home to the hood of Ansley Park ;)

irishmafia116

December 10th, 2012
1:24 pm

Any politician supporting this stupid idea does so at their peril. Won’t cost the taxpayers? HA the new roads, entrances, sidewalks are FREE ? The cost of demolishing the Georgia Dome (already has been refurbished)and paying off the balance owed -who is going to pick up that tab- Blank?

Season Ticket Holder

December 10th, 2012
1:28 pm

As a season ticket holder, I am not willing to pay a personal seat license for the right to purchase my season tickets. I guess I will buy my tickets for the scalper on the corner of Northside Drive and ML King. lol

Nick

December 10th, 2012
1:29 pm

The people that say this is a waste have no clue about economics. If you want Atlanta to keep attracting Super Bowls, Final Fours, to get a BCS Bowl game, and to attract an MLS franchise to the city, you need a new stadium. It’d necessary for the Falcons to remain competitive as well. A new state-of-the-art stadium would have an untold economic impact on the city. It’s necessary for Atlanta to remain relevant.

Wutehvah

December 10th, 2012
1:30 pm

City of Atlanta
- Crumbling infrastructure CHECK
- Terrible mass-transit system CHECK
- Poor performing school system CHECK
- Underpaid, overworked, understaffed police, fire, teachers CHECK
- A city that doesn’t attract tourists CHECK

Hey, but we’re getting a NEW dome to replace our current dome that’s perfectly fine.. and, we’re gettin’ a Super Bowl!! (Even though our team will never be in it)

Lala land falcons fans

December 10th, 2012
1:30 pm

Note to all fans wanting the stadium moved: They are the ATLANTA Falcons!! This sort of indicates they are located in ATLANTA…not the Doraville falcons or the Falcons of east cobb. Plus then all the suburbanites would G-d forbid have to allow Marta to run up into their pretty, well kept “hoods” and you know that means us poor folk can get on the trains and rob your house and get back on marta with your flat screen tvs. hahahaha Silly people. anyway, GO FALCONS! DIRTY BIRDS BABY

single white dove

December 10th, 2012
1:32 pm

What a waste of money. New Orleans staduim is how old? Never stops them from getting repeated superbowls. We get a new stadium (the dome), and only get two superbowls. How lame. We (the state of georgia) are hated by the media. Do not know why? This new stadium deal sux. Why in the hell would anyone drive to the stadium downtown? Peddlers/mugging/car b&e… Aint no body got time for that! Plus, the tax payers are supposed to flip some of the bill? Shouldnt the tax payers get some ticket/food vender relief??? This place sux!

maddawg

December 10th, 2012
1:32 pm

How can this go forward!!! The PEOPLE who this city and state SERVE are teling you overwelmingly NO!!!

Arthur Blank

December 10th, 2012
1:34 pm

Dear [Falcons Fan],

Earlier today, the Georgia World Congress Center Authority (GWCCA) Board approved a term sheet for the proposed new stadium on the GWCC campus. This is an important step toward reaching a final agreement, which we anticipate will occur in 2013.

A new stadium in Atlanta is important to the Falcons for a number of reasons: It will allow us to provide a league-competitive game day experience to our fans, and it will help the team remain competitive on the field over a long period of time. In addition, it puts into place a long-term solution following the expiration of our lease at the Georgia Dome.

But this new stadium is not just about the Falcons. It will be an iconic asset owned by the state that will provide economic benefits to our city, region and state. During the construction phase alone, the new stadium will add more than 4,500 new jobs to the state’s economy and generate more than $400 million in total economic impact, including more than $160 million in personal income.

In addition, a new stadium allows the city and state to remain competitive with other venues across the country in areas such as attracting new convention business, retaining events currently held in the Georgia Dome, hosting new marquee events in the future, and possibly adding Major League Soccer to Atlanta’s professional sports team mix.

All of these opportunities provide significant positive economic impacts for Georgia. For example, four of the Dome’s largest annual events – the SEC Championship Game, Chick-fil-A Bowl, Chick-fil-A Kickoff Game and Bank of America Football Classic – generate a combined annual economic impact of more than $100 million. And hosting marquee events such as a Super Bowl, World Cup and BCS Football Championship Game would have a combined potential to generate more than $450 million in economic impact.

The proposed financial arrangement for the new stadium is also beneficial to the state. Unlike the Georgia Dome, which was financed 100 percent with public money, the Falcons have agreed to fund about two-thirds of the cost of construction, as well as any cost overruns, with private dollars. In addition, the Falcons will take on the operating and capital risks that the state currently bears at the Georgia Dome. We are willing to do these things to ensure a great game day experience for our fans, and to be part of providing new opportunities to the city and state.

The public funding for the remaining one-third of the stadium construction costs will be covered by the existing hotel-motel tax, which is largely paid by visitors, not local residents. So, unless a Georgia resident stays in a hotel in the city of Atlanta or certain other parts of Fulton County, he or she will pay nothing in taxes to build the new stadium.

We are encouraged by today’s vote, and will continue to work in partnership with the GWCCA to reach a final agreement that is beneficial to all stakeholders, including the neighborhoods surrounding the new stadium. You can stay informed regarding our progress by visiting atlantafalcons.com and clicking on the link to the new stadium site.

We will strive to keep you informed of our progress along the way. Thank you for your support this season, and best wishes for a happy holiday season.

Sincerely,

Arthur M. Blank
Owner & Chairman
Atlanta Falcons

Terrible Deal

December 10th, 2012
1:34 pm

Wow, simple math shows that with the 300 million tax dollars, and the terrible rent and only 2% increase per year, the tax payers are on the line for about half of the stadium cost over that 30 years. Inflation and opportunity costs, do you math yourself.

gbal

December 10th, 2012
1:37 pm

Mad – another example of governtment working for the people vs their own self interest.

Mark J

December 10th, 2012
1:38 pm

It is all about the money

“. The Falcons would be responsible for all of the stadium’s operating expenses and would retain all revenue.”

REVENUE-The most important part of the story.

Andrew

December 10th, 2012
1:38 pm

This is a complete waste of money. Can’t believe they want to build a billion dollar stadium at the same time they are gutting school system budgets. Nothing wrong with the Georgia Dome. The only reason they are building this is because it makes it very easy for politicians to skim money from the project. Shame on you Georgia lawmakers.

Mark J

December 10th, 2012
1:40 pm

Don’t forget that we would get a Superbowl out of this. That would bring milliions to the city.

GSUAlum

December 10th, 2012
1:41 pm

It’s not your taxes paying for the new stadium so why are you complaining?

A Shafted Taxpayer

December 10th, 2012
1:42 pm

WOW….another stadium, built for billionaire team owners to be played in by millionaire athletes to be paid for by taxpayers….dont fault the team owners, they know better than to fund 100% of the project, they just happen to be smarter than the public officials they are dealing with…

Growler

December 10th, 2012
1:50 pm

Dear [Arthur Blank]:
There have been several studies questioning the economic impact you state in your letter to the fans. It’s easy to throw huge numbers around to influence public opinion.
It’s not as easy to convince skeptics that they are off-the-hook for public funding, or that the hotel tax will not somehow negatively impact other downtown business not directly tied to New Stadium events.

And you are going to have to come clean about PSL’s sooner or later, though I realize that’s as much a Roger Goodell issue as it is yours.

Sincerely,

A skeptical fan.

A Conservative and Narrow-minded, Intolerant Voice

December 10th, 2012
1:50 pm

Is Arthur Blank an American? Check his birth records cuz he sheer acts and talks laake he is from one of them thar communist/Hitlerist countries… like France! Me and my skinhead buddies who are mad about the election because a foreener was reelected are going to have to burn some crosses err somthin’ to show how annoyed we is at another foreener ownin’ a piece of somthin’ purely American. Shows us your birth sertifikate , Mr. Blank!

Suwanee Falcon

December 10th, 2012
1:52 pm

Perhaps you should enlist Trump to track down Arthur’s birth certificate, Mr. Conservative!

Wutehvah

December 10th, 2012
1:54 pm

Dear [Arthur Blank] and [NFL]:

Please explain why a new dome is required before ATL will be awarded another Super Bowl? New Orleans is hosting (again) in 2013, yet their dome is MUCH older. Please explain.

I’ll hang-up and listen now…

frank langston

December 10th, 2012
1:55 pm

why build a stadium near the mug train go north or south

gbal

December 10th, 2012
1:57 pm

a new stadium allows the city and state to remain competitive …. We already have these events. There has been no threat to leave due to facilities….. SEC commish has just said facliities were excellent….

” A new stadium in Atlanta is important to the Falcons for a number of reasons:

“League competative game day experience for our fans” ??? BS!!! It is already fine for our fans. It is full every Sunday… We are happy thank you much.

” it will help the team remain competitive on the field over a long period of time.” What does this have to do with it!!! Our players will try harder with a new field??? Please expain!!!

“it puts into place a long-term solution following the expiration of our lease at the Georgia Dome”. Now you are really calling us stupid!!! Here’s your solution… RENEW YOUR LEASE IN THE GA DOME!! It’s not that hard unless your making a threat!!!

“public funding for the remaining one-third of the stadium construction costs will be covered by the existing hotel-motel tax, which is largely paid by visitors, not local residents.” …. Just like a government thinker and you expect us to not understand…. How bout that $$$ goes to schools, fighting crime, infrastructure, roads, ….. f’in idiots we are not!!! Are you that dumb?

North by southeast

December 10th, 2012
2:02 pm

Here’s how the new stadium timeline should look: Falcons win a Super Bowl, then they get a new stadium.

gbal

December 10th, 2012
2:02 pm

GSU ALUM….. Explain why this is not YOUR TAXES paying for the stadium???

WTF?

December 10th, 2012
2:03 pm

Need to test Blank for drugs. He may be on some medical Mary Jane.

gbal

December 10th, 2012
2:05 pm

Thats like a city or county getting a grant for some frivialous project and thinking it got somethig for free. Not our monet… not costing you anything!!! WELL what happens when a school needs replacing or a road or bridge replaced.. Be nice if we could sock away those hotel tax $$$ to give us some relief….

Gwinnett Mom

December 10th, 2012
2:08 pm

I dont no why they have to built it downtwon where all the crime and gays R. No way am I taking my family to a game every again.

Suwanee Falcon

December 10th, 2012
2:10 pm

“Just like a government thinker?” lol You mean, just like a businessman thinker…. reap the rewards and tag the consumer and other locals…

KNOT

December 10th, 2012
2:10 pm

Who really cares if we do have another superbowl if it is going to cost us $300 Billion (hahahaha) plus!!!

Brian

December 10th, 2012
2:12 pm

Near the bottom in education, no we should not spend one dime on a new stadium. Invest in our future, invest in schools – pay our teachers more.

NO WAY the taxpayers should pay for this. NO WAY…

frank langston

December 10th, 2012
2:12 pm

Enter your comments here

Gwinnett Mommy

December 10th, 2012
2:13 pm

Right! Thir not laake us god-fearin’ folk who just can’t stand anyone with a different outlook on laafe…

tpk11

December 10th, 2012
2:16 pm

Absolute waste of taxpayer money just so art blank can have bigger and more “luxury rooms” for more big whigs.

Just say: No art, you can’t have a bigger toy.

Shady

December 10th, 2012
2:16 pm

We will still have a 12th man with the roof open, the Seahawks play in an outdoor stadium and they have one of he loudest crowds in the NFL. The public money used is collected from hotel/motel tax in Fulton County only. Enough of the crying about the public money should not be used, the state will own this, the Falcons will lease it. Don’t stay in a hotel in Fulton County and you won’t have to help pay for it. I personly enjoy staying in a nice hotel downtown when the Falcons play night games and I have known that since 1990 or so that I have been helping to pay off the dome. Congrats to the Falcons and GWCCA, well done.

jimjones

December 10th, 2012
2:18 pm

Of course the taxpayers should pay for a new stadium. How else could poor Arthur keep paying his team millions per year.

Suwanee Falcon

December 10th, 2012
2:21 pm

You mean.. how else will Arthur keep lining his pockets?

KNOT

December 10th, 2012
2:21 pm

Suwanee – Yep…. your right ! Arthur hooked them OK!!! Or government at work for us!!!

Tea Party Meber

December 10th, 2012
2:21 pm

And the part bout adding more jobs? All those construction jobs will go to Mexicans N E way.

Again the govt. handing out to people who need it least.

garyc42

December 10th, 2012
2:21 pm

What a waste of Money.Our economy is going down the drain and they want tax payers to pay for a new stadium.It just shows that all our state and government officials don’t care about nobody, but their pocket books getting richer.

KNOT

December 10th, 2012
2:22 pm

Its not our $$$. We’ll give you some tax payer $$$…. Build it!!!

Unknown

December 10th, 2012
2:24 pm

there was talk rumor that new falcons stadium possible at old doraville GM plant. what happened?
there is easy access to marta and I-285. that’s solution.

[...] Courtesy of AJC – Original article - http://blogs.ajc.com/atlanta-falcons-blog/2012/12/10/non-binding-terms-approved-for-new-falcons-stad… [...]

[...] Courtesy of AJC – Original article - http://blogs.ajc.com/atlanta-falcons-blog/2012/12/10/non-binding-terms-approved-for-new-falcons-stad… [...]

A Deeze

December 10th, 2012
2:25 pm

all of yall are stupid for approving this deal. this is a prime example of a rich man(Authur Blank) wanting to become richer. he didnt have all the money himself so he covinced the city this new stadium would bring in more revenue for residents of atlanta. so now atlanta residents will have to pay more in taxes for this new stadium while all the money goes to Blank’s pocket.

Flying High!

December 10th, 2012
2:27 pm

Atlbirdawg

December 10th, 2012
12:48 pm

@ Flying High

Your missing one important fact. The Falcons are covering over $600 million of the stadium’s cost. Other events will not get a rate of $2.5 million/10 because they haven’t contributed to the costs.

———————————————————-

No, I didn’t miss it. And it’s nice of the Falcon’s to agree to pay about 70% of something they will keep 100% of revenues on. And let’s be realistic, the Falcon’s out of pocket will be far less than 70%. The PSL’s will generate at least 20% of that, probably closer to 35+%. For comparison, consider the Panthers, another non ‘top-tier’ team (compared to Dallas, NY, NE, etc. that have fan-bases which can ‘justify’ higher PSL’s) has 62,000 of their seats with PSL’s, and the least expensive of which is $2,000 ea. and the top end is $20,000(non club / suite seats). In the end I’d bet the actual cash laid out by the Falcon organization will be 40% or less of the total cost. And again, they keep 100% of the rewards. Talk about a great return!

My biggest beef here is they should have to pick 1) you get some public money and if so you provide a part of revenue back to the public for use of that money or 2) you use 100% private funds, including PSL’s. But they shouldn’t be able to double dip it without giving something back to the public from the revenue stream. They shouldn’t take public funds and then require me to pony up cash for the PSL that only gives me the right to buy my ticket (which by the way I’m sure will be substantially higher in the new stadium than the old).

Getaway

December 10th, 2012
2:31 pm

Do this to attract a Super Bowl is terrible idea. I remember the last Super Bowl at the GA Dome. No one was complaining about the facilities. They were complaining about the weather (it was unusually cold that year) and the lack of things to do in that area. Officials from the NFL were saying never again. Building a new stadium will not fix the issues that cost ATL subsequent Super Bowls.

The Super Dome is like two or three blocks away from the French Quarter. It’s maybe a 10 minute walk to Harrah’s with all kinds of shopping and dining along the way. To recreate that experience, you’d have to put the facility in Buckhead… and legalize gambling… and it would still require massive amounts of infrastucture development to support the increased traffic from cars and pedestrians.

KNOT

December 10th, 2012
2:42 pm

Adeez… slightly wrong… He has the $$$… Just why spend mine whent I can get city/county/state to foot the bill

Colin

December 10th, 2012
2:43 pm

Looks like Arthur gets himself a nice little Hanukkah gift partially paid for with public funds. He really should be ashamed to even be asking for a handout.

KNOT

December 10th, 2012
2:46 pm

And the average atlanta fan is not going to see a superbowl in Atlanta…

1 The Falcons are not going to make it.
2 If they did, all tickets will be sold to corporations.for high $$$.

NoleRick

December 10th, 2012
2:49 pm

This is just bad timing….after yesterday’s loss….

Suwanee Falcon

December 10th, 2012
2:59 pm

To Tea Party Meber : You spell your name about as well as you teabaggers misspelled your signs at your klan rallies. Is your name Tea Party Me”m” ber??

Lala land falcons fans

December 10th, 2012
3:04 pm

Gwinnett Mom: Really?? hahaha Wow…

THE TRUTH

December 10th, 2012
3:04 pm

Here’s an idea….. Put that hotel tax into cleaning up this craphole of a downtown area. There is nothing to do within walking distance of the dome. Traffic and getting around is a nightmare. And maybe if Atlanta were a decent place to visit, people would want to come back and not just because they have a layover. Build restaurants, bars, put some gambling downtown a you will have a place people want to come to for a Super Bowl, regardless of the dome.

Richard Braswell

December 10th, 2012
3:10 pm

Any intent to put any part of the cost burden for a new stadium on the taxpayer is criminal. I thought there was a revolution coming about in this country and people actually posture to pay for sports arenas with tax dollars. That’s like cutting the American tax rate for the top earners and then starting a ten year war fought with boatloads of taxpayer (borrowed) cash. So the new stadium crowd has been bitten by a mosquito that bit George W. Bush and John Baaayyyynnneerrr. Get a doctor and or get a life. Have the NFL float the boat on this one and let the players pony up for the new cage. No TAXES FOR A STADIUM.

Suwanee Falcon

December 10th, 2012
3:11 pm

I completely agree with THE TRUTH. This town has no identity… Get more pubs and restaurants around there and a casino or two… make it a destination…

gbal

December 10th, 2012
3:15 pm

Blank trying to keep up with the Jones’ on ATL tax dollars….

Well ATL can keep up with the Dallas’ …. we are broke, corrupt, dirty, and nothing to attract SB patrons downtown… Cant hold a candle to Dallas and and new stadium is not going to fix it.

Absolute BS about a new stadium needs to be built to award a superbowl. Have the SB in Macon Ga or Junau Alaska… It will fill up. But Atlanta is not attractive.

The SB should actually be like all other provessional sports… Rotate between the league or to the team with the best record. This would make it really for the fans. Now its for the corprate sponsors only.

WTF?

December 10th, 2012
3:20 pm

Need to clean up the crime in that part of town…not a new stadium.

Richard Braswell

December 10th, 2012
3:23 pm

As well, the existing traffic kludge and the ever increasing thuggery and general danger to life in and around the existing stadium area is NOT GOING TO BE MADE BETTER BY A NEW STADIUM. The GWCCA members must have a plan for one huge payday if they can snow this one through!!!!

ronnie tuner

December 10th, 2012
3:24 pm

thank you falcons

NO WAY

December 10th, 2012
3:26 pm

Hey, if the Falcons want a new stadium, let the Falcons buy it. I need a new home, hey Arthur can you build me a new home. What a joke, we are about to have all out taxes go up and you want to raise more state taxes for some stupid stadium. I have never been to a Falcons game and could care less if they ever play again.

gbal

December 10th, 2012
3:34 pm

“The GWCCA members must have a plan for one huge payday if they can snow this one through!!!!”

They have a pipe dream, but it aint happening in Atlanta…. Maybe it happens one time (we get a Superbowl) but we never become a Miami, tampa, New O….. that gets repeat…. There is just nothing to make Atlanta a destination city. No new stadium…. Great for SEC events…. Located in the center of the confrence and an easy weekend drive in and out. But for a not regional world wide event like the Superbowl or olympics… A once in a lifetime event.

Ralph Christian

December 10th, 2012
3:38 pm

NOT ON MY BACK AS A TAXPAYER…!!!!! 50% + OF POLITICIANS ARE CORRUPT!

Falcon Flap

December 10th, 2012
3:41 pm

My problem is that you look at the new york yankees new stadium and what it has done to their attendance. The middle class die hard yankee fans cant afford to go to games at the new stadium.

Ivory

December 10th, 2012
4:05 pm

Why build it at all, I don’t watch football, and couldn’t care if they ever played again!

JerryfromGA

December 10th, 2012
4:22 pm

Isn’t Arthur Blank a billionare? Can’t he wrangle up some investors and build this privately?

GSUAlum

December 10th, 2012
4:29 pm

Excuse my ignorance but, isn’t a hotel/motel tax a charge on visitors to the area (in this case Atlanta & Fulton County)? That is then used to promote tourism? So how are the taxpayers in Atlanta affected by this?

With the amount of events the Dome currently hosts and with the proposed additional events I could understand building a new stadium with a retractable roof. As a Falcons fan, I understand fans anger at the lack of production in the playoffs. Of course I’m sure Arthur Blank and the Falcons know that multiple Superbowl trophies/appearances will be expected in this new stadium.

Can people even read

December 10th, 2012
4:32 pm

The 300 million is coming from visitors to Atlanta within the Atlanta city limits … the only way you will contribute money to this stadium is if you stay in hotels in the Atlanta city limits or you buy season tickets in 2017 and beyond. Arthur has made ticket prices some of the lowest in the league so i dont think he is going to make it impossible to afford to go to the new stadium. The hotel and motel tax would not be approved by other local businesses if the extra funds were not going bring them more money so these funds DO NOT EXIST for other purposes. Hotels and motels are taking the hit in anticipation of increased business.

Dum-Bass

December 10th, 2012
4:35 pm

Yes, all citizens of Atlanta and the area should have to help pay for it if they are that naive and gullible. I will never pay a dime on it as I don’t live in Ga and will never attend a game in it or stay in a motel there. Do not plan to set foot in Atlanta ever again. If they were some decent pro teams in ATL, then they might deserve it, but there’s not. The Braves do the same thing every year, and the Falcons will blow it in their first playoff game. The “jinx” even grabbed the DAWGS this year. They should know better than to play in Atlanta. Losersville does not deserve a “winner’s palace” unless the fans pay for it. If you don’t stand up and knock it down, you deserve to have it socked to you!

Freddie

December 10th, 2012
4:35 pm

JerryfromGA, yes, he is a billionaire. Millionaires and billionaires are use to corporate thuggery… that’s how they preserve and increase their wealth. Why, corporate thuggery is as American as guns, god and apple pie. Ain’t this neocon of a country just grand???

Suwanee Falcon

December 10th, 2012
4:41 pm

It’s not an income tax, property tax, luxury tax or anything else GA citizens will pay for… folks visiting will pay for it.

charlie

December 10th, 2012
4:45 pm

i stop going no place to tailgate no parking when other things going on . i think it should be put out of atlanta so people can get to it an have lots of parking an tailgating that is why people have stopped coming . i say put it between atlanta an macon . which would be more revenue from that city too

Father of 5

December 10th, 2012
4:51 pm

Here’s the deal: when Atlanta Public Schools improve enough to bring the state rankings out of the bottom 10 in the nation, the democrats running the city get a new stadium.

Nauti-dawg

December 10th, 2012
4:54 pm

From AJC in another article that they SHOULD have quoted this time:

Hotel/motel tax: The GWCCA would contribute, subject to governmental approvals, the proceeds of a revenue bond offering backed by the tax on hotel/motel rooms in the city of Atlanta and Fulton County through the year 2050. The term sheet does not specify the amount that would be raised by the bond offering, although the GWCCA previously has projected the figure in the ballpark of $300 million. The amount “may be positively or negatively impacted” by interest rates and other factors.

So – The Dome lasted 25 years – We’re going to replace it one that takes 40 years of hotel tax. I hope Blank gets a better architect for the Dome than Marcus did for the Aquarium…it’s just a big tank of water – the sweet little Tennessee Aquarium smacks its gonads.

Harpo

December 10th, 2012
4:56 pm

Don’t you think that if the Falcons appear in 2 Super Bowls (not necessarily win them) over the next (3) years, they will be considered a marquee national team.

The Falcons have to “assume control” of their games and not just hold on by their fingernails both offense and defense. We are not there yet. We have a way to go before the unvestment of this magnitude is warranted..

ad

December 10th, 2012
5:02 pm

Giving pro football teams money, letting movie studios run charges through Georgia for free money by getting, and then selling, their tax credits – for supposedly being a bunch of conservatives, these Georgia government folks sure like to give away money to the rich.

dunwoodyperson

December 10th, 2012
5:05 pm

You may think it’s just out of towners visiting hotels who will pay for it, but who is guaranteeing the bonds? Also, if GA could raise taxes on hotel rooms without affecting their occupancy rates, then why haven’t they done it already? They claim they need the money. Are these those rare taxes that increase business? I didn’t think they existed.

Wutehvah

December 10th, 2012
5:25 pm

A lot of folks (like me) are not questioning who/what will pay for it, the question is WHY, when the current dome is only 20 years old. Too many other issues need attention in this city to even consider spending any taxpayer money on this project

GACitizen

December 10th, 2012
5:28 pm

This is NUTS. Id hate to be on the hook for this.

Taxpayer.....

December 10th, 2012
6:01 pm

Atlanta needs a new Dome????? If Atlanta has any tax wiggle room left they need to spend it on new sewerage plants… Everytime it rains raw sewerage is released down stream… They could also spend it on Atlanta’s poor… This is a private business for heaven’s sake.. Taxpayer money should not be involved… The Georgia Dome was financed by Taxpayers.. Tear it down???? Insane….. Let Atlanta’s colleges use it for sports… Make a convention center out of it… The Romans built a stadium and it’s still there 2000 years later.. We can’t have one last 20 years????? The reason the Falcons want it torn down is to negate the possibility of competition.. Same reason they tore down Atlanta Stadium…. Maybe we need it to stand so we could have the possibility of attracting another professional team.. After the way the Falcons played Sunday we need to leave the possibility open.. Leave discussion of this until Atlanta wins another Super Bowl… Ha… Never…

Z

December 10th, 2012
6:08 pm

Anyone saying this is a bad thing has lost their mind. The dome is a complete Dump! The old games in fulton county were so much because it was outside. And dont complain about the cold. Did you see Green Bay last night. Looked so much fun

DECATUR JOE

December 10th, 2012
6:18 pm

It is clear that a large percentage of the current fans will be stuck paying the PSL. It is very interesting that Arthur and Rich avoid saying anything about the PSL. When Arthur purchased the team the metro area bought into his desire to revive the franchise. You do not have another city/team in the NFL that has a such large fan base of working middle class fans supporting the team by buying season tickets. The new stadium (PSL) will drive away many of these fans and turn the new stadium into a country club.

d. barrett

December 10th, 2012
6:38 pm

Well, like it or not, Goodell has already said,”no stadium, no Super Bowl”. And if you say who cares, well the revenue, and recognition from a Super Bowl will prove once again very lucrative for the city. It is far too nice in Atlanta in the fall for a dome, as well as way too hot in the summer for an outside stadium. And what is the talk of losing the 12th man? Look at Seattle….’nuff said!

Jeff

December 10th, 2012
6:51 pm

The Braves needed to replace Fulton County stadium, the Hawks needed to replace the Omni, but the dome still feels new. Unfortunately the rich and powerful decide how our money is spent, so it’s gonna happen. What I wish is that the Gwinnett Mall would be razed and a new dome could go up in Duluth — if that can’t happen then in the GM Doraville site.

Taxpayer.....

December 10th, 2012
6:58 pm

The country is aleady in the Toilet Bowl with it’s trillion dollar deficits and people want to guarantee a billion dollars to build a dome that might have a super bowl every other decade or so???? How many of you can afford a thousand dollar ticket to go to it anyway?? This is only for the elite (the rich)… We peons have to watch it on tv anyway… Atlanta keeps pricing themselves out of the market and they will end up like the city of Detroit.. This is another example of the tail wagging the dog.. Another expensive toy that is only for the 2% that 98% of us will end up paying for through higher taxes that could be better used for infrastructure that is sorely needed……

JONESBORO SLIM

December 10th, 2012
7:09 pm

What is the real reason for a new stadium?…can’t be that the Dome is too old…. New Orleans’ dome is many years older….and since the GWCC comes under the state goverment shouldn’t the rest of the countys in the state pay their share of the tax…and finally the Falcons are only paying a small 2.5 million dollars annual rent and getting all revenue….if Arthur wants a new stadium to keep up with Jerry then let him build it himself…..

New stadium to hang your SB banner?

December 10th, 2012
7:18 pm

-said no one ever…

New stadium to hang your SB banner?

December 10th, 2012
7:19 pm

Losers – building a stadium for a team that has yet to win a SB..lmao…

Cedrick

December 10th, 2012
7:33 pm

How about build a team worthy of winning a championship FIRST then comeback to the people with the idea about a new staduim. At the rate these bums are going the season will be over in the 1st rd of playoffs!

Great Falconi

December 10th, 2012
7:52 pm

If you don’t live in Atlanta or Fulton County, why would you even care about this? I don’t live in either place. Go Falcons.

Taxpayer.....

December 10th, 2012
8:04 pm

The Georgia Dome was financed by Georgia taxpayers to the tune of $214 million dollars when it was finished in 1992.. How much of this has been repaid to the state?? If the post on here that says the Falcons pay 2.5 million a year in rent.. Is there a balance sheet showing where Georgia taxpayers from Tybee Light to Rabun Gap stand on their investment??? Is there another private business in the state that is subsidized by taxpayer money?? Tear down the Dome?? That is the same mentality that tore down Atlanta Stadium and made a parking lot out of it.. They spent more to tear it down than they did to build it……

NO TAX Payer MONEY

December 10th, 2012
8:08 pm

If the millionair Authur Blank wants a new stadium, then he should fund it 100%. NOT a penny of TAX payer money should go toward this stadium..no bonds for infrastructure, etc. This nothing but corporate welfare….

[...] From Other Great Blogs issue #1 By NFC South Daily Editor, on December 10th, 2012 Non-binding terms approved for new Falcons stadium deal – blogs.ajc.com 12/10/2012 The Georgia World Congress Center Authority board Monday morning [...]

mister.earl

December 10th, 2012
8:41 pm

If a billion dollars will be spent, please hire a world class architect and make certain it is a building with an aesthetic and environmental standard that makes it a must see.

Make it breathtakingly good.

Adogg36

December 10th, 2012
9:36 pm

Yall see dem pats out dare now dats a real playoff team.

Falcon and Dogs

December 10th, 2012
10:12 pm

Hey look they are going to build a new stadium no matter how much you all bitch. Just hoping they built it close to a Marta Station as lots of fans use Marta…and I sure don’t want to have to walk a mile any stadium in rain or cold weather….
.

Tear it down???

December 10th, 2012
10:45 pm

I understand Arthur wants to show off with his other rich friends, but why oh why tear down the Dome?

The Roman Coliseum stands for two millennia but the Dome can’t last two score?

Absurd. It could be used by Georgia State football, Monster truck and Motor Cross shows, hippie concerts, whatever.

Esquire

December 10th, 2012
11:26 pm

5-6-7-8
Everywhere we goooO,
Everywhere we goooO,
People wanna knooOw,
People wanna knooOw,
Who we aaa are,
Who we aaa are,
So we tell theem, So we tell theem,
We are the FALCONS!! We are the FALCONS!!
MIGHTY MIGHTY FALCONS, MIGHTY MIGHTY FALCONS !!
OHH AHH OHH YEEAHH

5-6-7-8 WHO DO WE APPRECIATE???? GOOOOO FALCONS!!!!!!

WHERE’S MIKE’S COX????? I NEED IT BAD TONIGHT!!!! Please???

Right

December 11th, 2012
1:37 am

Phil

December 11th, 2012
7:33 am

I never respond to this kind of stuff but anyone in our government who votes for this crap will not get my vote for reelection. I don’t care if they are a republican or Democrat and if the governor signs off on this You won’t get my vote when it comes to reelection. Heck I’ll vote Democrat. Deal you better watch out.

John

December 11th, 2012
7:37 am

The people of Gwinnett got screwed the same way with the Braves AAA Stadium. People of Atlanta if you allow it to happen you deserve it so bend over and take it like a man

Gritz

December 11th, 2012
8:27 am

PSL’s will not fly here! This ain’t NY. I’m a LONGTIME tix holder and WILL walk. keep the dome or build without PSL’S !!!!!!!!!!!!!!!!!!!!!!!

Angelo

December 11th, 2012
8:55 am

With this kind of money we could buy a super Bowl first. The hell with the stadium.

FarmDawg

December 11th, 2012
9:54 am

Bring us a Major League Soccer venue to ATL PLEASE!!!

New stadium approved

December 11th, 2012
1:02 pm

[...] [1] Non-binding terms approved for new Falcons stadium deal … [2] New Stadium Approved ~ Today News Gazette [3] New Atlanta football stadium approved [4] New [...]

Leeeman Bennett

December 11th, 2012
8:12 pm

Waste of money. Bad location. Nothing wrong with the current Dome. Bad parking . High crime area. Money could be really used for other and better purposes. Do you really think people are going to pay more for tickets just to see a new retractable roof stadium. Maybe for a year or two, but after that ticket sales will drop off (especially if the Falcons are not a play off team) and it will take 572 years to pay the thing off. But don’t worry, by that time they will have built 23 new stadia will will neber be paid off.

fair and balanced

December 11th, 2012
8:48 pm

Total waste of money. If they kept the old Fulton County Stadium and renovated it for a 100 million, the crybaby Falcons could have a wonderful open air stadium. Twenty years from now they will be crying that they need a dome- for what? No superbowl champions, no new stadium. Ga Tech will gladly rent them their open air stadium. And why tear down a money making excellent 25 year old domed stadium- for what?

Ede,,,

December 12th, 2012
9:40 am

When the Braves & Falcons moved into ATL Stadium in 1966 it cost $17MM to build and when they moved out they still owed $17MM. The City of ATL just serviced the debt and used the money earmarked to pay it off, elsewhere. Turner FIeld was a Quarter Billion-dollar gift from the Olympis but ticket prices rose anyway. Like in NY, you can’t build anythingi in ATL until you pay off the teamsters , the mob and the thugs that run ATL.. Last time we hosted the Super Bowl, someone died.

Statick

December 12th, 2012
11:13 am

Good. We need a new stadium. Finally.

SANTO

December 16th, 2012
10:35 pm

Falcoons sorry anyway a new stonestly i hope they run over cost n bankrupt blank

SANTO

December 16th, 2012
10:38 pm

the falcoons are sorry anyway a new stadium wont help them win honestly i hope they go over cost n bankrupt blank