Cobb Commission Chairman Tim Lee says bringing the Atlanta Braves to the county will produce more money than property owners will spend on it.
Lee has indicated that the Cumberland-area stadium, proposed to be open before the 2017 season, will generate $4.8 million in sales and property taxes in 2018. Add in another $7.8 million in the club’s private development of retail, offices and a hotel and it adds up to $4 million more than the $8.6 million coming in annually from Cobb-wide property tax revenue.
all, Cobb will reportedly spend $17.9 million a year on the stadium, for 30 years.
See more from the attached WSB TV video and from the AJC here.