Mercedes-Benz Stadium is owned by the state.
While the ownership of the impressive Mercedes-Benz Stadium rests with the state, its operation and financial structure are managed by a private entity, illustrating a unique public-private partnership.
Ownership and Operational Management
The stadium's legal ownership lies with the state. However, the operational responsibilities are delegated to a separate organization, which also benefits significantly from the stadium's activities.
The Role of AMB Group
The day-to-day management and operation of Mercedes-Benz Stadium are handled by AMB Group. This organization is widely recognized as the parent company for two major professional sports franchises based in Atlanta:
- Atlanta Falcons (National Football League - NFL)
- Atlanta United FC (Major League Soccer - MLS)
AMB Group oversees all aspects of the stadium's events, maintenance, and general functioning.
Financial Aspects and Tax Exemption
The financial arrangement for Mercedes-Benz Stadium involves specific conditions:
- Operating Profits: All profits generated from the stadium's operations are directed to AMB Group. This means that the state, despite being the owner, does not receive the operating profits.
- Property Tax: Notably, AMB Group currently does not pay any property tax on the stadium. This exemption further highlights the distinct financial terms of the operational agreement.
This structure allows the state to own a premier sports and entertainment venue while entrusting its commercial management and financial returns to a private entity.
