How a $91 million loan on the Marlins ballpark will cost Miami-Dade $1.2 billion

[RockaFowler]

3. And this is why there should be no public financing of stadiums

Even the Dolphins are looking for money. Stephen Ross is a multi-millionaire who can raise money for Rmoney, but not for his own stadium.

http://www.palmbeachpost.com/news/sports/football/miami-dolphins-seek-public-money-to-help-finance-s/nTwwj/

We’re not the Marlins.

Without referencing the baseball team directly, Ross and Dee said at a news conference at their stadium that they understand the furor over the recent Marlins Park deal, in which the public paid some $500 million of the $634 million cost, only to see ownership dismantle the team and backtrack on promises to fans.

The Dolphins’ leadership promised to pay for at least half of their proposed renovations, which are expected to cost $375 million to $400 million.


Hey jerks - if you can afford 1/2 of it, why not all of it.

I love my teams, but I really despise the ownership . . . of both the Marlins and Dolphins.

When Joe Robbie wanted to build a stadium, he went out and got the funds himself. He didn't ask the county to pony up a dime. Current ownership could learn something from this.