What About `Taxpayers` Stadium`?
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So the Gwinnett Convention and Visitors Bureau was unable to make a deal on the naming of the new stadium? If Chairman Bannister had been thinking, he could have turned a toadstool into a turnip (politically speaking) by naming the stadium for the folks who financed it.
If not for a sizeable contribution by Gwinnett taxpayers from the county’s general fund, the Atlanta Braves’ Triple-A affiliate would not be muddling through its inaugural season at 77-60, just one game out of first place with seven games to go.
With “Tax Hike Charlie,” you know that naming the stadium for Gwinnett property owners would have come with a price. But it would be better than his 3-mill proposal… even giving the A-Braves their full $350K share of the take, “Taxpayers Stadium” would have cost us only .02374 mill. That’s less than the cost of a Starbuck’s Latte on the tax bill for a $300,000 home:
The county built the sale of naming rights into its financing package for the stadium, counting on the deal to bring in $300,000 a year to help repay the $33 million in bonds issued to fund construction. The total cost for the stadium, including land, is $64 million.
Gwinnett whiffs on stadium-naming deal | ajc.com
