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Miami Herald: How a $91M loan on Marlins Park will cost Miami-Dade $1.2B

Discussion in 'Sports and News' started by 3_Octave_Fart, Jan 25, 2013.

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  1. 3_Octave_Fart

    3_Octave_Fart Well-Known Member

    Domino.

    http://www.miamiherald.com/2013/01/24/3199018/how-a-91million-loan-on-the-marlins.html

    [​IMG]

     
    Last edited by a moderator: Dec 15, 2014
    3_Octave_Fart, Jan 25, 2013
    #1
  2. Inky_Wretch

    Inky_Wretch Well-Known Member

    Public money for stadiums is bad enough, but this has to be the worst of all.
     
    Inky_Wretch, Jan 25, 2013
    #2
  3. TheSportsPredictor

    TheSportsPredictor Well-Known Member

    Where's the Tea Party?
     
    TheSportsPredictor, Jan 25, 2013
    #3
  4. 3_Octave_Fart

    3_Octave_Fart Well-Known Member

    This is one from the we'll-all-be-deader-than-crabmeat-by-the-time-this-shit-comes-due school of debt repayment. And public servants promoted this.
     
    3_Octave_Fart, Jan 25, 2013
    #4
  5. Bubbler

    Bubbler Well-Known Member

    Porn for Starman.
     
    Bubbler, Jan 25, 2013
    #5
  6. Captain Obvious

    Captain Obvious Guest

    I remember when Maricopa County officials got flak for a sales tax to pay for Chase Field. That tax raised $235 million in two years.
     
    Captain Obvious, Jan 25, 2013
    #6
  7. Michael_ Gee

    Michael_ Gee Well-Known Member

    Cheaper to default.
     
    Michael_ Gee, Jan 25, 2013
    #7
  8. Inky_Wretch

    Inky_Wretch Well-Known Member

    The best part of that payment plan is by the time they start making payments in 2026, the Marlins will either have moved out of state or demanded more taxpayer money to renovate renovations paid for by this loan.
     
    Inky_Wretch, Jan 25, 2013
    #8
  9. Michael_ Gee

    Michael_ Gee Well-Known Member

    The best thing would just to have a couple of cops pull the owner over for a busted taillight and then have shot dead resisting arrest. Renegotiation would be a breeze.
     
    Michael_ Gee, Jan 25, 2013
    #9
  10. YankeeFan

    YankeeFan Well-Known Member

    You beat me to it.

    What are the odds that an MLB team is playing in this ballpark by the time the loan is payed off?

    Very dumb way to fund it.
     
    YankeeFan, Jan 25, 2013
    #10
  11. HanSenSE

    HanSenSE Well-Known Member

    We're dealing with people who believed Jeffrey Loria would field a competitive team. Buyers did not beware.
     
    HanSenSE, Jan 25, 2013
    #11
  12. Michael_ Gee

    Michael_ Gee Well-Known Member

    A good Dexter episode would be disposing of a serial franchise killer.
     
    Michael_ Gee, Jan 25, 2013
    #12
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