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Falcons get $200M loan from owners for stadium
NFL Meetings Football Heal WEB
Atlanta Falcons team owner Arthur Blank walks through a hotel during a break in the NFL spring meeting in Boston, on Tuesday. - photo by Associated Press
BOSTON — NFL owners approved a $200 million loan Tuesday for the Atlanta Falcons to build a new stadium. The multipurpose stadium could cost as much as $1 billion, with team owner Arthur Blank committed to funding most of it. Blank, speaking at the NFL's spring meetings, called the decision by the team owners an "important milestone" in moving the project forward.