After the closing ceremony of the 1996 Paralympics, the stadium was officially leased by the Atlanta Braves. Private entities, including NBC and other Olympic sponsors, agreed to pay a large sum of the cost to build Centennial Olympic Stadium (approximately $170 million of the $209 million bill). The Atlanta Committee for the Olympic Games (ACOG) sought to build the stadium in a way that it could be converted to a new baseball stadium, and ACOG paid for the conversion. This was considered a good agreement for both the Olympic Committee and the Braves, because there would be no use for a permanent 85,000 seat track and field stadium in Downtown Atlanta since the 71,000 seat Georgia Dome had been completed four years earlier by the state of Georgia and became the home of the National Football League's Atlanta Falcons. The Braves had already been exploring opportunities for a new venue to replace Atlanta–Fulton County Stadium.