Quote:
Originally Posted by DAChampion
Are the Marlins losing money? Did he have a choice?
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Oh hell yeah he had a choice. He must enjoy being hated, because he brought it on with relish. Long story short he got taxpayers to build him a new stadium (80% public money) where he gets all the profits. His part of the deal was a promise to spend on the team and to revitalize the surrounding neighborhood. He spent a fortune last season on hugely back-loaded contracts, put nothing in the neighborhood and then dumped the contracts before any of the big payments kicked in. The team was profitable already in it's old stadium (at least it was in 08,09, haven't seen more recent numbers). Maybe he'll face a huge backlash at the box office, but at worst he'll sell the team and stadium and walk away with pockets padded with tax dollars and revenue-sharing. This guy makes absolute mockery of the idea that sports owners are big risk-takers financially (some are, others are the opposite). He doesn't compete in a free market, he skims from a rigged game.
It's just a sickening con game. The officials who gave him the stadium so he could spit in the public's faces should be ashamed of themselves. Also unemployed.