December 11, 200421 yr I have heard whispers of the HEAT Group buying the Marlins and working this thing out. Anybody have any ideas, comments, or thoughts on this? The HEAT group has been losing money with the HEAT but yet seems able to spend big bucks by using Arena revenues to keep things in the green.
December 11, 200421 yr I have heard whispers of the HEAT Group buying the Marlins and working this thing out. Anybody have any ideas, comments, or thoughts on this? The HEAT group has been losing money with the HEAT but yet seems able to spend big bucks by using Arena revenues to keep things in the green. 632069[/snapback] By HEAT Group, you mean Mickey Arison?
December 11, 200421 yr Author How rich is the Heat group? 632071[/snapback] They brought the HEAT to Miami via expansion and lent the money to Dade County to build the AmericanAirlines Arena.
December 11, 200421 yr Author Arena cost $175 million and was financed by the HEAT Group. The County owns it.
December 11, 200421 yr Author I don't like the idea of group ownerships..... 632075[/snapback] why not? the heat group is VERY stable
December 11, 200421 yr How much does Micky own though? Because, for example, you can say a group owns the Marlins because Loria I know doesn't have more than 90% of the team.
December 11, 200421 yr Author Where have these whispers come from? 632082[/snapback] I have heard it several times mentioned in different things.
December 11, 200421 yr Author How much does Micky own though? Because, for example, you can say a group owns the Marlins because Loria I know doesn't have more than 90% of the team. 632083[/snapback] The Arison Family owns most of the team...I don't know the exact breakdown. Carnival Cruise Lines CEO is Micky Arison...so they have money.
December 11, 200421 yr How rich is the Heat group? 632071[/snapback] They brought the HEAT to Miami via expansion and lent the money to Dade County to build the AmericanAirlines Arena. 632076[/snapback] Ted Arison (Mickey's father) brought the Heat to Miami.
December 11, 200421 yr Author How rich is the Heat group? 632071[/snapback] They brought the HEAT to Miami via expansion and lent the money to Dade County to build the AmericanAirlines Arena. 632076[/snapback] Ted Arison (Mickey's father) brought the Heat to Miami. 632086[/snapback] I know, then Ted stepped aside and Micky took over. I believe Micky bought out his father's share.
December 11, 200421 yr Author NBA/MLB co-ownership: Until recently: Suns/Diamondbacks Hawks/Braves Currently: Bulls/White Sox
December 11, 200421 yr Wouldn't ownership change just push back the date of the possible opening of the park?
December 11, 200421 yr Author If you look....all 3 situations (Arizona, Atlanta, and Chicago) the teams have both a new ballpark and arena.
December 11, 200421 yr Author Wouldn't ownership change just push back the date of the possible opening of the park? 632089[/snapback] Not necessarily
December 11, 200421 yr Author They can agree to buy, let current management make the deal with certain perameters, and stay on track as much as possible.
December 11, 200421 yr Author Loria could also bring in the Group as a partner and keep part ownership.
December 11, 200421 yr Author Names that I know are part of the HEAT group: Arison family Julio Iglesias 2004 sales were $93 million according to Hoovers.
December 11, 200421 yr Author Plus another motivation may be the old Huipinga-Arison feud. If the HEAT group make baseball work, it would be a thorn in Wayne's side.
December 11, 200421 yr Author Is there a reason you needed 6 seperate posts in a row? 632097[/snapback] Yes, we have been over this many times on this board, but since you are a 10 year old newbie I must explain why. I do more things than just sit and compose posts. So every snippet I get gets posted. If another comes, it gets posted seperately.
December 11, 200421 yr Is there a reason you needed 6 seperate posts in a row? 632097[/snapback] Yes, we have been over this many times on this board, but since you are a 10 year old newbie I must explain why. I do more things than just sit and compose posts. So every snippet I get gets posted. If another comes, it gets posted seperately. 632101[/snapback] But they all came within 2 minutes of eachother. I think it would be more productive and easier to read, if you digest everything you are going to read before deciding to post.
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