Owning A Baseball Team: The Second-Easiest Way To Get A Gov't Bailout

In his new column, “Miami Taxpayers Harpooned On Stadium,” Carl Hiaasen explains how the city of Miami is getting ripped off by the Miami Marlins baseball team:

The new Miami Marlins stadium is rising to completion in Little Havana, and rising with it is the blood pressure of taxpayers who are learning how much the new ballpark will really cost.

On paper, the city and county committed about $487 million in public funds toward the $642 million stadium project. The outlandish arrangement was never presented to voters because they would have pulverized it.

Their mistrust was well placed. In the two years since the financing was approved, the numbers are looking even more dismal than was feared.

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Joe Biden
President Joe Biden

Last week,The Economist's presidential polling average set in motion a reevaluation of the general election when President Joe Biden pulled ahead of Donald Trump for the first time since September 2023.

Keep reading...Show less
Alex Jones

Alex Jones

At a press conference on Tuesday, March 26, Maryland Gov. Wes Moore told reporters that there was no sign of terrorism or foul play in the collapse of Baltimore's Francis Scott Key Bridge — which had been struck by a freighter. According to Moore and the Biden White House, there was no indication that it was anything other than a tragic accident.

Keep reading...Show less
{{ post.roar_specific_data.api_data.analytics }}