COBB COUNTY, Ga. — The Atlanta Braves have had quite an impact on Cobb County.
A time-lapse video of Truist Park shows the construction of the park from beginning to end.
Channel 2′s Steve Gehlbach has the results of a new independent study about the economic impact the team and the park has had on the county.
Since moving the team in 2015, the Atlanta Braves say Truist Park and The Battery have become a major economic engine for Cobb.
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“Previous studies have made some assumptions, this is now hard, drive with facts,” said Mike Plant, Braves CEO for development.
Plant presented the Cobb Board of Commissioners results of their new impact study by a sports economist. They think the expected revenue will grow to $125 million over the next 30 years. Right now, the revenue is at $19 million a year.
It costs the county millions to bring the team to Cobb.
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The county currently pays around $16 million a year, but commissioners also heard from Cobb’s CFO that the stadium and the surrounding area is doing better than projected to pay off their $300 million dollar debt.
“Because of that growth we were able to hold the general fund contribution under 6.4 million dollars, during a pandemic,” said Plant.
And the amount from taxpayers out of the general fund fell below $3 million last year, which was below the original cap agreed on from the beginning.
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