When Georgia Tech announced their Mercedes-Benz stadium deal back in February it was met with a mixed reaction. We told you it was a good deal for Georgia Tech, and could earn Georgia Tech $10-$15 Million.
Well according the Ken Sugiura in his AJC regarding this topic, we were quite close in our estimate.
The athletic department estimates that the five games will generate $10 million more in revenue than if the games were to be held at Bobby Dodd Stadium, according to documents obtained in an open-records request.
I’m not sure there’s another way that cash-strapped Georgia Tech could have generated $10 million in a 5 year period. I would agree it’s not an ideal situation, and hopefully after this period Georgia Tech can keep their home games on campus. For the time being though, it was a good decision that looks even better now.