Atlanta Braves Drop $4.7M Demand From Cobb County
Cobb County voted Tuesday to authorize a settlement amount of $120,000 to the Atlanta Braves. The Atlanta Braves would pay $1.5 million it owes the county’s water department.
Tasnim Shamma / WABE
A financial dispute between Cobb County and the Atlanta Braves was settled Tuesday.
The Cobb Board of Commissioners authorized a settlement amount of $120,000 to the Atlanta Braves. The organizations involved and related to SunTrust Park include the Atlanta National League Baseball Club, BRED Co., Braves Stadium Co. and Braves Construction Co.
Earlier this summer, Cobb County said these groups representing the Braves owe about $1.5 million to the county’s water department for not paying a system development fee.
The Atlanta Braves countered and said the county owes the Atlanta Braves more than double that, about $4.7 million, for building permit fees and transportation improvements.
Commissioner Lisa Cupid, who voted against authorizing the settlement, had motioned to delay a vote for a few weeks.
“Too much of where we got today is about people talking. I would like to see it clearly documented how we got to this outstanding obligation that too many people were asserting that they did not know about,” Cupid said.
The Atlanta Braves dropped their claim for $4.7 million during the mediation, but they noted they were waiting to be reimbursed $500,000 in the county’s project management costs for SunTrust Park.
Because the Atlanta Braves owed $380,000 for signage and maintenance on pedestrian bridges around SunTrust Park, the county said it would deduct this credit and pay the Atlanta Braves the difference: $120,000.
This story has been updated.
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