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There was no way the Atlanta Braves were going to stay in downtown without city taxpayers spending hundreds of millions of dollars, Mayor Kasim Reed says. In a statement Monday, Reed said the city was unwilling to match an offer put together by nearby Cobb County given the needs facing Atlanta. In a stunning announcement, the Braves said Monday they are moving in 2017 to a new 42,000-seat, $672 million stadium about 10 miles from downtown in suburban Cobb County, apparently swayed by a lucrative financial package that was just too good to pass up. Reed said the city couldn't match a $450 million offer from one of Atlanta's sprawling northern suburbs, though it wasn't immediately clear how the county of some 700,000 people plans to raise the money or whether it will require a vote of the taxpayers.
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