Braves to Take Advantage of State Tax Breaks

Atlanta Magazine has an article detailing further the Braves relocation to Cobb County.

If you thought the Braves’ move to Cobb County would leave just Cobb taxpayers on the hook, think again. The team’s execs may seek millions more in tax credits from the state — largesse that would be underwritten by all Georgians.

Tax incentives could tip the scales of the project toward majority-public financing. Braves boosters have been emphasizing that the ballclub would pay more than half of the estimated $672 stadium costs. They’ve even distributed a handy graphic of a baseball bearing the words “Braves 55%.” But if even $12 million in state tax credits comes through, the team’s share of the currently projected cost would fall to less than half.

But in all reality, don’t hate the Braves for this one. The State was offering these same tax advantages before the Braves decided to move. They’re simply doing what any business would do, trying to figure out what the best possible outcome for them would be.

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