OT An [MLB] owner's word - The cautionary tale of Jeff Loria
View Single Post
11-15-2012, 01:07 PM
Join Date: Jul 2004
Originally Posted by
I absolutely hate it when owners try to get taxpayer funding for their stadium, and if they don't, they'll threaten to move (Edmonton/Katz). It's just not right.
And.... Go Blue Jays!!!
This is a common tactic. However, if Miami Dade County was prudent, they would have demanded some share of direct profits or some level of control in exchange for the $357 Million in taxpayer money. Instead, they effectively handed that money over to Loria with no strings attached. It was a 'gift'.
Needless to say, this will serve as a lesson for future municipalities when teams come knocking at the door asking for a subsidy.
View Public Profile
Find More Posts by Crease