The teams contribute to the arena’s operational costs and share in the revenue generated by events, yet they do not hold title to the building. This initial public funding established the precedent for municipal ownership.
Fulton County Recreation Board Arena Ownership and Governance
This economic impact validates the public investment and reinforces the arena’s role as a community asset rather than a purely commercial enterprise. State Farm holds the naming rights to the arena, a agreement that generates significant revenue for the city.
Tenant Teams and Their Relationship to Ownership The Atlanta Hawks NBA franchise and the Atlanta Dream WNBA franchise are the primary tenants of the arena, but their relationship to the ownership is one of lessee and lessor. Understanding who owns State Farm Arena requires looking beyond the building itself to the complex web of public funding, corporate partnerships, and municipal governance that defines modern sports infrastructure.
Fulton County Recreation Board Arena Ownership and Governance
By managing the arena directly, the Recreation Authority captures revenue from ticket sales, concessions, and parking, which flows back into municipal programs. This separation allows the city to maintain control over the venue while still attracting top-tier professional sports, which in turn drives consistent attendance and national visibility for the facility.
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