"There are multiple business groups, ownership groups, in Los Angeles that are actively to place a team in Los Angeles and they're willing to pay a heck of lot more than $200 million for that opportunity," Reed told FOX 5's Morse Diggs in a phone interview on Tuesday.
Reed stressed that the Falcons never presented any ultimatums to the city.
"We have an owner who is committed to the city of Atlanta and when I met with Council, I never said anything but that he was committed to Atlanta," Reed said.
The mayor said he simply told local lawmakers it is time for a "reality check," and that supporting a reasonable public commitment is in the best interest of the city in the long term.
A preliminary plan that has been discussed calls for a new stadium to be built in Atlanta at a cost of around $1 billion, of which the Falcons would pay about $800 million. The team would also pay about $50 million to pay off debt on the Georgia Dome. The remaining $200 million would come from public funds, paid primarily from visitors through a hotel-motel tax extension.
Reed said that he wants an agreement for the public-private funding of a new home for the Falcons in 60 days.
"This is going to be well-debated but I'm not going to spend 60 or 90 or 120 days in this space, this is not complex," Reed said.
Tiger Woods says the "fried chicken" comment from Sergio Garcia was hurtful and inappropriate. Two weeks after they verbally sparred at The Players Championship, Woods say it's time to move on.
By DOUG FERGUSON AP Golf Writer Sergio Garcia apologized to Tiger Woods for saying he would serve fried chicken if they were to have dinner at the U.S. Open, an ugly addition to nearly two weeks of verbal...
A.J. Murray and Mott Hyde hit back-to-back homers in the top of the ninth inning to help reigning champion Georgia Tech beat Florida State 4-3 on Wednesday in pool play at the Atlantic Coast Conference tournament.
A.J. Murray and Mott Hyde hit back-to-back homers in the top of the ninth inning to help reigning champion Georgia Tech beat Florida State 4-3 on Wednesday in pool play at the Atlantic Coast Conference tournament.
Evan Gattis kept up an amazing rookie season with his first grand slam, B.J. Upton and Ramiro Pena also homered, and the Atlanta Braves finished off a sweep of the woeful Minnesota Twins 8-3 Wednesday.
Evan Gattis kept up an amazing rookie season with his first grand slam, B.J. Upton and Ramiro Pena also homered, and the Atlanta Braves finished off a sweep of the woeful Minnesota Twins 8-3 Wednesday.
Wednesday, May 22 2013 8:59 AM EDT2013-05-22 12:59:07 GMT
Evan Gattis just keeps coming through for the Atlanta Braves.
Evan Gattis just keeps coming through for the Atlanta Braves. The rookie hit a two-out, pinch-hit homer in the ninth to send the game to extra innings and Freddie Freeman won it in the 10th, sending the Braves to their fifth straight win.
By DOUG FERGUSON AP Golf Writer Golf's governing bodies approved a new rule Tuesday that outlaws the putting stroke used by four of the last six major champions, going against two major golf...
By DOUG FERGUSON AP Golf Writer Golf's two governing bodies outlawed the anchored putting stroke used by four of the last six major champions, approving a new rule that starts in 2016 and urging the PGA...
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