Originally written on Down and Distance  |  Last updated 11/17/14

Could the Falcons be one step closer to beginning construction on a new stadium in downtown Atlanta? (Credit: Tampa Bay Online) Over the past few months the Atlanta Falcons have been trying to secure a deal for a new stadium in Atlanta. Now, it appears as though the stadium may be becoming a reality. ProFootballTalk’s Michael David Smith is reporting that Atlanta Mayor Kasim Reed and Falcons owner Arthur Blank announced at city hall today that the city of Atlanta will be providing $200 million of the $1 billion for a new stadium in downtown Atlanta. “I am pleased that we reached an agreement that will ensure the Atlanta Falcons remain in the heart of our city for many years to come and will lead to revitalization of some of the city’s most historic neighborhoods,” Reed said, via FOX Atlanta. Blank praised the deal as a “win-win,” while the city stressed that the $200 million would come from taxes on hotel rooms, rather than taxes from Atlanta residents. The new stadium would replace the twenty one year old Georgia Dome. If the new stadium is to begin construction, the Falcons need the Georgia World Congress Center Authority, the Fulton County Commission and the Atlanta City Council to approve their stadium. However, funding can be the hardest thing to secure and today the Falcons have secured twenty percent of their stadium. Perhaps the Falcons could be playing in a new stadium by 2015 or 2016. The post Falcons owner, Atlanta mayor reach deal on downtown stadium appeared first on DOWN & DISTANCE.

MORE FROM YARDBARKER

49ers release Ray McDonald

Take your pick: Colin Kaepernick or Derek Carr

Report: Bears to bench Jay Cutler, start Jimmy Clausen

Jim Harbaugh to Michigan speculation building

Heat lose a key player with McRoberts out for rest of season

Belichick: Ryan is 'buttering me up' with Hall of Fame praise

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Marshall: Bears need to gel and do some kumbaya

Red Sox appear content with rotation despite lack of true ace

Iguodala gets technical for mocking Conley travel

Bo Pelini takes shot at Nebraska during introductory presser

Belichick: Patriots need to play better against the Jets

Rex Ryan doesn't want to get in trouble talking about Revis

Royals sign Edinson Volquez to 2-year deal

12 candidates to replace Paul Chryst at Pitt

Brad Halsey claimed he was on cocaine for Bonds record HR

Wade Miley confident in health, diet after trade from D-Backs

When bowl results mean more for one school than another

Ray Rice, Adrian Peterson lead in 2014 athlete Google searches

Max Scherzer next domino to fall in free agent market

Another "Fire John Idzik' plane flies at Jets practice

Four can't-miss match-ups in NFL's Week 16

Report: Some Browns shunned Manziel during pregame

Making an attempt to understand Celtics' priorities

Gronk makes awkward sausage joke on 'Top Chef'

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.

When bowl results mean more for one school than another

Four can't-miss match-ups in NFL's Week 16

RG3 quits social media for season

Each NFL division’s MVP

5 NFLers who must step up in Week 16

Most impressive college hoops teams

Five reasons why FSU is going to win the CFB Playoff

Boxer admits to dive in Rourke bout

FCC heard about Brady's swearing?

Embracing the hate of the Eagles-Cowboys Rivalry

DeSean Jackson mocks Eagles

Andrew Hawkins defends shirt

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.