No surprise here since we’ve pretty much known it for a couple of weeks, Atlanta Falcons president Rich McKay has declared it to be “definite” that the team will build its new stadium on the so-called south site, the one with the two churches that were holding out for more money for their land.
The Georgia World Congress Center Authority will end up spending $6.2 million toward purchasing one of the sites, while the Falcons will kick in the other $27.8 million. Which when you add in the rest of the tax money being funneled to the Falcons over the next 37 years, you get a taxpayer cost of … oh, let’s call it an even $560 million. Which may come as a surprise to Minnesota Public Radio, but now they know.
Sad thing is the local media still refuses to publish anything but the $200 million number. It’s astonishing just how biased they’ve become. I could understand if they pulled the standard “yeah, but we’ll get all that money back and more from events being hosted” but to simply lie outright to benefit a private entity like a football club is beyond belief.