SunTrust Park, the Braves’ fancy new suburban stadium, came at a cost of nearly $400 million to Cobb County taxpayers. It doesn’t open until next year, but that bill is already coming due—and the opportunity cost is no longer theoretical.
This is the point where you just tip your cap to the Braves, and acknowledge that they won. Even at a time when politicians and taxpayers are getting wary about publicly funding stadiums, the Braves just walked away with nearly $400 million from Cobb County, Ga., for a new ballpark, and did so without the nasty…
Atlanta Braves president John Schuerholz spoke to the Atlanta Press Club last week, and said some rich guy shit that was so painfully lacking in self-awareness that it's hard to imagine him saying it without adjusting his monocle.
A Cobb County commissioner on why residents won't get to vote on putting $300 million toward the Braves' stadium: "It would have to be a special election, and that would cost taxpayers 300, 400 thousand dollars." [CBS Atlanta]
Inadequate parking was one of the main reasons the Braves cited for needing a new ballpark. Now that plans for the Cobb County stadium are finally coming out, it emerges that the new stadium will have 2,500 fewer parking spaces than Turner Field.
Cobb County has released more details on proposed financing for a new stadium to host the Braves, after the team announced it will leave Atlanta after the 2016 season. It's a 30-year deal that will have Cobb County paying around 45 percent of construction costs, or $300 million.
Funny thing, this: A new Braves stadium in Cobb County was announced as basically a done deal, without mentioning how much public money would go toward it, or asking taxpayers for their approval. The answer to the former is apparently "a lot." As for the latter: those taxpayers won't get a say.