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Team May Get New Lease


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Team may get new lease

 

BY BARRY JACKSON

 

[email protected]

 

 

With the Marlins facing long odds in their bid for state stadium funding, Dolphins Stadium owner Wayne Huizenga indicated for the first time Monday that he might offer the team a new long-term lease with terms that are more favorable for the Marlins.

 

Asked last week about speculation that he might be prepared to offer the Marlins a long-term lease that would give them more revenue, Huizenga relayed through his assistant Monday, ''That is correct.'' Huizenga declined to elaborate.

 

Huizenga has not directly conveyed that nor any other sentiment to the Marlins recently. Last November, Huizenga Holdings sent a letter to the Marlins saying their lease would not be renewed after 2010. Earlier this month, Huizenga told State Sen. President Tom Lee that he would not evict the Marlins after 2010 -- a move that could damage the team's chances of securing a $60 million sales tax rebate that would complete funding for a new stadium.

 

The Marlins declined to comment on Huizenga's latest remark, but they have never considered staying at Dolphins Stadium an option for the long-term. Since Jeffrey Loria bought the team in 2002, the Marlins have made several unsuccessful attempts to change the terms of the lease, but always had the intention of trying to get a new ballpark.

 

Under terms of the current lease -- which has been in effect since the Marlins came into existence under Huizenga in 1993 -- the team receives 70 percent of concession revenue, 37.5 percent of parking revenue and nothing from the lease of club seats and suites (that money goes toward retiring the stadium debt, through 2016). Dolphins Stadium keeps most of the stadium ad revenue. Marlins president David Samson has called the lease ``the single worst in baseball.''

 

The Marlins, who say they lost more than $20 million last season, have said they need a new stadium's revenues in order to remain competitive. The Marlins' current lease runs through 2006, with one-year options (at the Marlins' discretion) through 2010.

 

 

http://www.miami.com/mld/miamiherald/sports/11371420.htm

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Guest Moneyball

I knew he wasn't going to let the Marlins leave. Typical Wayne s***. Now the stadium plan is on the rocks and he just sunk it.

 

 

f***ing scumbag.

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the sad thing is that based on the agreement between the city and the marlins, "all bets are off" according to Ariola if the State doesn't give the rebate.

 

Does that means no plan b?

739351[/snapback]

 

If the state doesn't give the money and this ends because the City and the Marlins were $30 million short, you have to seriously question how badly the Marlins wanted the new stadium and how badly Miami wanted them to have the new stadium with them.

 

I am sure those 11k crowds are sending a message to Miami and Tallahassee.

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Guest Moneyball

the sad thing is that based on the agreement between the city and the marlins, "all bets are off" according to Ariola if the State doesn't give the rebate.

 

Does that means no plan b?

739351[/snapback]

 

If the state doesn't give the money and this ends because the City and the Marlins were $30 million short, you have to seriously question how badly the Marlins wanted to the new stadium and how badly Miami wanted them to have the new stadium with them.

 

I am sure those 11k crowds are sending a message to Miami and Tallahassee.

739354[/snapback]

 

I'm sure they are looking at the attendance increase the Marlins have had last two years compared to one game.

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the sad thing is that based on the agreement between the city and the marlins, "all bets are off" according to Ariola if the State doesn't give the rebate.

 

Does that means no plan b?

739351[/snapback]

 

If the state doesn't give the money and this ends because the City and the Marlins were $30 million short, you have to seriously question how badly the Marlins wanted to the new stadium and how badly Miami wanted them to have the new stadium with them.

 

I am sure those 11k crowds are sending a message to Miami and Tallahassee.

739354[/snapback]

 

I'm sure they are looking at the attendance increase the Marlins have had last two years compared to one game.

739359[/snapback]

 

 

I will look at it in a positive way.

 

If the State rejects the tax break, then maybe the team will get a new lease at DS, which in turn maybe will allow the team to keep some more of that ticket revenue. And this could buy some time for the team to negotiate a stadium deal in a much better location, Broward County, Palm Beach County.... Who knows if at the end this temporary setback ends up being better for the team's future.

 

One thing I'm sure is they will not just pack and leave town.

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Guest Moneyball

the sad thing is that based on the agreement between the city and the marlins, "all bets are off" according to Ariola if the State doesn't give the rebate.

 

Does that means no plan b?

739351[/snapback]

 

If the state doesn't give the money and this ends because the City and the Marlins were $30 million short, you have to seriously question how badly the Marlins wanted to the new stadium and how badly Miami wanted them to have the new stadium with them.

 

I am sure those 11k crowds are sending a message to Miami and Tallahassee.

739354[/snapback]

 

I'm sure they are looking at the attendance increase the Marlins have had last two years compared to one game.

739359[/snapback]

 

 

I will look at it in a positive way.

 

If the State rejects the tax break, then maybe the team will get a new lease at DS, which in turn maybe will allow the team to keep some more of that ticket revenue. And this could buy some time for the team to negotiate a stadium deal in a much better location, Broward County, Palm Beach County.... Who knows if at the end this temporary setback ends up being better for the team's future.

 

One thing I'm sure is they will not just pack and leave town.

739370[/snapback]

 

Huipiga probably thought of this. He's gonna want a LONG term lease, 10-15 years.

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Here is my view on this latest news:

 

It is an about-face for Wayne. He got scared and blinked. Simple as that. Dolphins Stadium will never be a Supersite for the Super Bowl. So now he is crawling back to the Marlins.

 

The Marlins should capitalize on this before the session closes. Sign a deal that lets the team profit. Even if it is $2 million a year profit, that is better than losing $20 million a year. The Marlins are ready to swoop in.

 

Wayne has to pay debt until 2016, no supersite means they need baseball. Wayne should add the retractable roof and build Dolphins Center, if possible, though.

 

Wayne won't last much longer and we must all realize that the sports scene in Miami will be much different come 2010.

 

If the Marlins can get a better lease that allows for profits, then sign it for no more than 10 years. In 10 years both the Marlins and Dolphins will have helped pay off Dolphins Stadium and they can go from there.

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Guest Moneyball

If the Marlins can get a better lease that allows for profits, then sign it for no more than 10 years. In 10 years both the Marlins and Dolphins will have helped pay off Dolphins Stadium and they can go from there.

739382[/snapback]

 

Not another 10 years in that football stadium hellhole. I want my own baseball park. :mad

 

If we do atleast make it more baseball friendly.

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Guest Moneyball

The entire reason for a new ballpark is a new lease.

739401[/snapback]

 

I thought we wanted to cut down on rain-outs and the heat factor.

 

But Cape says no... therefore, Cape MUST be right.

 

*yawn*

739407[/snapback]

 

a**hole.

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