Wednesday, November 14, 2012

There's Shrewd, There's Genius, Then There's Marlins Owner Jeffrey Loria - The Triangle Blog - Grantland

The Florida Marlins traded all their good (and expensive) players away 1 year after getting a tax payer funded stadium. It's really mind blowing how much their ownership group took advantage of the local Miami politicians.

Hopefully this puts an end to tax payer financed stadiums. It's such a waste of resources.

There's Shrewd, There's Genius, Then There's Marlins Owner Jeffrey Loria - The Triangle Blog - Grantland:

"In getting a stadium built in South Florida, Loria succeeded where his predecessor John Henry failed. Of course, Henry won control of the Red Sox as part of the same merry-go-round that landed Loria in Miami, despite not submitting the highest bid for the Boston nine. Cartel membership has its privileges. The total cost of the bonds the county will need to pay off over the next 40 years is estimated at $2.4 billion."