"In December I was diagnosed with a treatable form of prostate cancer," Blank said in a statement released by the team. "Over the last several weeks Angie and I have visited a number of expert doctors and hospitals across the country to identify the best treatment options for me. I have chosen an aggressive approach that will include surgery and the overall prognosis is good. I'm looking forward to getting this behind me and continuing a very active lifestyle, my upcoming wedding, as well as continued active involvement in our businesses and philanthropic efforts for years to come."
Blank purchased the Falcons in 2002. The 73-year-old owner was one of the co-founders of Home Depot.
During his ownership, the Falcons have won the NFC South three times and made six playoff appearances.
Blank was instrumental in helping get approval for the construction of Mercedes-Benz Stadium in Atlanta, which is scheduled to open as the new home of the Falcons in 2017.