"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.