DELRAY BEACH, Fla. - The city of Delray Beach has decided to keep spending taxpayer money on the annual ATP tournament, even though it puts the city budget in the red.
The city will pay $350,000 per year to keep the tournament in the stadium on Atlantic Avenue.
City Hall says it's the right move because it generated $11.6 million in economic activity and keeps downtown businesses in business.
"We draw a lot of traffic here. From all over this country and outside, we also draw people from Europe," said Mayor Woodie McDuffie.
The mayor says it is trying to land a corporate sponsor to pay for the stadium's naming rights.
He says that could make it an even better deal for taxpayers.
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