Fear not Hawks fans, your team isn’t going anywhere.  Granted, that was never much of a fear, but when baseball teams are packing up and heading up I-75 you can never be too careful.

Atlanta Mayor Kasim Reed Tuesday announced that the Hawks would be locked into downtown Atlanta in Philips Arena for the next 30 years, through 2046.  That deal comes with a price tag of $192 million, $142 million of which will come from taxpayer dollars, (the rest from the team).

That money will go toward stadium renovations including replacing and renovating private suites, improving the concourses, and re-configuring the sitting arrangement to make it more suitable for both basketball and concerts. 

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