2014 DRAFT GUIDE
Financing terms reached for new Falcons stadium

By BILL BARROW - Associated Press
    2013-03-07 14:47

ATLANTA (AP) - Financing terms have been reached for the Atlanta Falcons' proposal to build a new $1 billion stadium, keeping the team's home games in the city's downtown, officials announced Thursday. The city council must now vote on the proposal.

The public contribution to stadium construction through hotel-motel tax revenue will be capped at $200 million and the Falcons will pay $800 million, said Atlanta Mayor Kasim Reed. He made the announcement with Falcons owner Arthur Blank and Georgia Gov. Nathan Deal.

The Georgia World Congress Center Authority, which owns the Georgia Dome, would also own the new stadium.

The Falcons franchise is also responsible for an additional $50 million for infrastructure-related costs associated with construction, and has agreed to pay for any budget overruns. Those costs are not included in the $1 billion construction budget.

Officials are looking to build the new stadium immediately south of the roughly 20-year-old Georgia Dome, and say they would have to buy land that is not yet publicly owned to do that.

Team owner Arthur Blank said the new stadium will help the city compete for all major events - including the Super Bowl.

City Council President Ceasar C. Mitchell said he was encouraged by the city and the franchise agreeing on financing terms, and that public hearings on the stadium will be held in the near future.

Fantasy Football Player Notes RSS FeedPLAYER NOTES

Cam NewtonSep 16 01:23p

Carolina Panthers QB Cam Newton (ankle) was dealing with a bit of soreness in his foot after the Week 2 game, according to head coach Ron Rivera. However, Rivera [ More ]

DeAngelo WilliamsSep 16 01:13p

Carolina Panthers RB DeAngelo Williams (thigh) is expected to return to practice Wednesday, Sept. 17, and be ready to play in Week 3 against the Pittsburgh Steelers. Williams sat [ More ]

Lance MooreSep 16 01:13p

Pittsburgh Steelers WR Lance Moore (groin) practiced in full Tuesday, Sept. 16, and the team will keep tabs on how he responds this week, according to head coach Mike [ More ]

Gerald McCoySep 16 12:53p

Tampa Bay Buccaneers DT Gerald McCoy (hand) said he will not know if he will be able to play in the team's Week 3 game until the morning of Thursday, Sept. 18.

Josh GordonSep 16 12:53p

Cleveland Browns WR Josh Gordon pled guilty to driving while intoxicated in North Carolina Tuesday, Sept. 16, according to the Wake County Clerk of Court. He received 12 months [ More ]

Jon BeasonSep 16 12:43p

New York Giants LB Jameel McClain could start at middle linebacker if LB Jon Beason (foot) has to miss time, in the opinion of Dan Graziano of ESPN New York.

Zach ErtzSep 16 11:33a

Philadelphia Eagles TE Zach Ertz leads the NFL in yards per reception (23.3) through two weeks. He also is tied with Atlanta Falcons WR Julio Jones for the most [ More ]

Tom BradySep 16 10:53a

New England Patriots QB Tom Brady is 3-for-20 on passing attempts of 15 yards or more in the first two weeks.

Bacarri RamboSep 16 09:43a

The Washington Redskins waived FS Bacarri Rambo Tuesday, Sept. 16.

Jamaal CharlesSep 16 09:33a

Kansas City Chiefs RB Jamaal Charles' (ankle) high ankle sprain does not appear to be severe, according to head coach Andy Reid. His status is unknown.

Knile DavisSep 16 09:22a

Kansas City Chiefs RB Knile Davis' insertion into the starting lineup would not alter the team's game plan, according to head coach Andy Reid.

Adrian PetersonSep 16 08:43a

Updating previous reports, Minnesota Vikings RB Adrian Peterson has been cleared of wrongdoing in the second child abuse investigation, according to sources. The investigation found that Peterson did not [ More ]

Andrew LuckSep 16 12:02a

Indianapolis Colts QB Andrew Luck completed 20 of his 34 pass attempts for 172 yards, three touchdowns and one interception in the Week 2 game against the Philadelphia Eagles [ More ]

Nick FolesSep 15 11:52p

Philadelphia Eagles QB Nick Foles completed 21 of his 37 pass attempts for 331 yards, one touchdowns and one interception in the Week 2 game against the Indianapolis Colts [ More ]

Darren SprolesSep 15 11:52p

Philadelphia Eagles RB Darren Sproles had seven receptions for a career-high 152 yards in Week 2 against the Indianapolis Colts Monday, Sept. 15. He also had four carries for 26 yards and a touchdown.

LeSean McCoySep 15 11:52p

Philadelphia Eagles RB LeSean McCoy had 20 carries for 79 yards and a touchdown in the Week 2 game against the Indianapolis Colts Monday, Sept. 15, and he added four receptions for 23 yards.

Akeem SpenceSep 15 10:53p

If Tampa Bay Buccaneers DT Gerald McCoy (hand) is unable to play in the Week 3 game against the Atlanta Falcons Thursday, Sept. 18, head coach Lovie Smith said [ More ]

Gerald McCoySep 15 10:53p

Tampa Bay Buccaneers LB Mason Foster (shoulder), DT Gerald McCoy (hand) and TE Austin Seferian-Jenkins (ankle) were listed as missing practice Monday, Sept. 15. The league requires teams to [ More ]

Dane FletcherSep 15 10:53p

Tampa Bay Buccaneers LB Dane Fletcher might get the start in Week 3 against the Atlanta Falcons Thursday, Sept. 18, if LB Mason Foster (shoulder) is unable to go.

Julio JonesSep 15 10:32p

Atlanta Falcons WR Julio Jones (ankle) was listed as a limited participant in practice Monday, Sept. 15, due to his ankle issue.

Roddy WhiteSep 15 10:32p

Atlanta Falcons WR Roddy White (hamstring) was listed as missing practice Monday, Sept. 15, due to a hamstring injury.

Gabe CarimiSep 15 10:32p

Atlanta Falcons OT Jake Matthews (ankle) is expected to play in Week 3 against the Tampa Bay Buccaneers, head coach Mike Smith said Monday, Sept. 15. Matthews was listed [ More ]

Leon McFaddenSep 15 10:32p

The San Francisco 49ers signed free-agents TE Xavier Grimble (Giants) and CB Leon McFadden (Browns) to the practice squad Monday, Sept. 15. The team released CB Chance Casey and [ More ]

Arthur JonesSep 15 09:42p

Updating a previous report, Indianapolis Colts DT Arthur Jones (ankle) was taken for X-rays on his right ankle after suffering an injury in the second quarter of the Week [ More ]

Arthur JonesSep 15 09:32p

Indianapolis Colts DT Arthur Jones (shoulder) was able to play in the Week 2 game against the Philadelphia Eagles Monday, Sept. 15, but he was shaken up in the [ More ]

Marshawn LynchSep 15 09:32p

Seattle Seahawks RB Marshawn Lynch (back) is dealing with a back issue, and head coach Pete Carroll said Monday, Sept. 15, that the issue is 'ongoing.' Lynch will be [ More ]

Adrian PetersonSep 15 08:52p

Minnesota Vikings RB Adrian Peterson is accused of injuring another son while disciplining the four-year-old, according to new allegations Monday, Sept. 15. The four-year-old is by a different mother [ More ]

Carson PalmerSep 15 07:02p

Arizona Cardinals QB Carson Palmer (shoulder) continues to seek treatment for a nerve injury in his right shoulder Monday, Sept. 15, and head coach Bruce Arians is concerned that [ More ]

Andy DaltonSep 15 07:02p

Cincinnati Bengals QB Andy Dalton has not been hit once on 63 dropbacks so far this season.

Von MillerSep 15 07:02p

Denver Broncos LBs Von Miller (groin) and Lerentee McCray (knee) are both expected to play in Week 3 against the Seattle Seahawks.

Dane FletcherSep 15 06:32p

Tampa Bay Buccaneers LB Mason Foster (shoulder) suffered a dislocated shoulder in the team's Week 2 loss to the St. Louis Rams, according to a source. He's not expected [ More ]

Tony FiammettaSep 15 06:32p

The Chicago Bears re-signed free-agent FB Tony Fiammetta Monday, Sept. 15. Terms of the contract were not disclosed.

RSS Feeds

NFL News:
 
Player Notes:
 
Forum Posts:
 

© 2014 RealTime Fantasy Sports, Inc.
Email Us  ·  Call Us 636.447.1170  ·  Lost Password
Advertising represented by USA Today Sports Media Group