ATLANTA (AP) -- Mayor Kasim Reed says there was no way the Atlanta Braves were going to stay in downtown without city taxpayers spending hundreds of millions of dollars.
Reed said in a statement Monday that the city was unwilling to match an offer put together by nearby Cobb County given the needs facing Atlanta.
The Braves announced earlier Monday the team will be leaving Turner Field in 2017 and moving into a new $672 million stadium about 10 miles north of downtown.
Reed says he has already spoken with a number of unspecified groups about redeveloping the downtown stadium and surrounding area. Earlier this year, Reed faced criticism over a plan to use public financing to help support a new NFL stadium downtown. That plan is moving forward.