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Marlins franchise operated by thieves


E CaT PanTHer
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This article is retarded not surprising coming from yahoo sports from an Author Jeff Passan who probably knows very little about the Marlins, in reality.

 

Loria got us a new stadium, who cares how he did it.

 

This article also comes at an odd time considering how bad the Marlins are playing.

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Why are so many bad articles written about the Marlins FO?

 

All this negative publicity can't be good for the team.

 

Most of them are written by this same guy.

 

We have enough problems getting people to attend games without this douche giving us bad publicity.

 

I hate how he drags LoMo and the team into the article.

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Why are so many bad articles written about the Marlins FO?

 

All this negative publicity can't be good for the team.

 

Most of them are written by this same guy.

 

We have enough problems getting people to attend games without this douche giving us bad publicity.

 

I hate how he drags LoMo and the team into the article.

Haters Gone' Hate, and you think we have haters now just wait until we win another WS Championship in our new stadium, :lol. as far away as that may be.

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Well who is this fool? Cmon Mr Loria is trying hard and getting the job done. Next opening day is going to be a dream day for all Marlins fans and I plan to be there for sure. Jeff Passan go suck on an egg you dirty bird.

 

So why does he hate the Marlins so much? Is he a Cubs fan perhaps?

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I agree with his general point that Loria loves to crush any dissent in the organization (or people who get into arguments with him like Girardi).

 

I understand and agree that it was a bad move to fire the hitting coach, but the problem is that he didn't really have any other choice. When a competitive team slides into the quicksand like this one did, someone needs to shoulder the blame, and players can't be fired. So then it falls to the coaching.

 

I have to disagree when he talks about the stadium. It's the fault of the Miami-Dade County politicians for not asking for the Marlins' books before giving them the money. The Marlins have the right to make any demands they want, but the politicians didn't have to give them what they wanted. From what I understand they are paying the price for their mistakes.

 

Finally, I'm pretty sure that Valentine's price tag (from what I've been hearing) was a major factor in him not being hired. Although I do also believe that he probably didn't get along with Loria, as it seems like post-Girardi he has hired mostly quiet managers who do what they're told.

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I'm just tired of the constant bashing of the stadium deal. The way some talk about it, you'd think this was the first time a team asked for and received public financing for a venue. The Marlins deal is right in line with every other private/public stadium deal. If you disagree with the entire concept of public financing, that's fine, but to single out the Marlins is ridiculous. These type of deals happened long before the Marlins Ballpark, and they will continue to happen as long as cities want Major League sports franchises. The ballpark is over 70% finished...it's time these people get over it. The ballpark is coming no matter how much people complain about how it was financed....everyone may as well start focusing on making the project a success rather then whining about a financing deal that was agreed upon two years ago.

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I'm just tired of the constant bashing of the stadium deal. The way some talk about it, you'd think this was the first time a team asked for and received public financing for a venue. The Marlins deal is right in line with every other private/public stadium deal. If you disagree with the entire concept of public financing, that's fine, but to single out the Marlins is ridiculous. These type of deals happened long before the Marlins Ballpark, and they will continue to happen as long as cities want Major League sports franchises. The ballpark is over 70% finished...it's time these people get over it. The ballpark is coming no matter how much people complain about how it was financed....everyone may as well start focusing on making the project a success rather then whining about a financing deal that was agreed upon two years ago.

 

 

I agree and I run with Samson's line of "a contract is a contract." No matter how you feel about the deal, the city and county agreed to it. Whether they like it now is irrelevant. If the Marlins FO came out on top in this deal, good for them. Maybe the city/county should learn to do better business instead of doing the business and complaining after the fact.

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I'm just tired of the constant bashing of the stadium deal. The way some talk about it, you'd think this was the first time a team asked for and received public financing for a venue. The Marlins deal is right in line with every other private/public stadium deal. If you disagree with the entire concept of public financing, that's fine, but to single out the Marlins is ridiculous. These type of deals happened long before the Marlins Ballpark, and they will continue to happen as long as cities want Major League sports franchises. The ballpark is over 70% finished...it's time these people get over it. The ballpark is coming no matter how much people complain about how it was financed....everyone may as well start focusing on making the project a success rather then whining about a financing deal that was agreed upon two years ago.

 

 

I agree and I run with Samson's line of "a contract is a contract." No matter how you feel about the deal, the city and county agreed to it. Whether they like it now is irrelevant. If the Marlins FO came out on top in this deal, good for them. Maybe the city/county should learn to do better business instead of doing the business and complaining after the fact.

 

Looking at it another way, the city wouldn't have reopened a contract if they found out the Marlins were poorer than they thought.

 

A contract's a contract and I'm glad the Marlins 'stole' that money, because the alternative would be having those politicians do the exact same thing without any apparent result. This has got to be the crappiest local government... Has anyone seen the two gems we have running for mayor?

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My opinion is that the author is an idiot. No, make that a vituperative, ill-informed idiot.

 

I want the minute back that I spent reading that tripe.

 

The county commissioners who approved the sweetheart deal cried foul. By the time the loans come due, the county will have paid $2.4 billion. They were swindled, taken, robbed.

 

:lol

 

So the county wants to build a stadium and they don't have the money handy.

 

Gee, I guess they'll have to borrow $300 million (the net then needed,) huh? Could it possibly be that there might be some interest costs associated with that? Ya know, like you borrow 100K and pay back about 300K with interest over 30 years on your house?

 

I don't know who made up the ridiculous $2.4 billion figure (maybe the Sun-Sentinel by totally misreading bond documents, linked below,) but this idiot repeats it.

 

The total cost to retire the 40-year county bond debt will be about $900 million, not $2.4 billion.

 

Throw in $300 million to retire the $100 million worth of City-of-Miami-paid-for parking garages and it totals $1.2 billion, not $2.4 billion.

 

But, this moron's article claimed the county alone was on the hook for $2.4 billion, which is a total falsehood.

 

Do you think that his fellow idiots at the Sun-Sentinel might have suspected that there might be something wrong with the ridiculous proposition that "The new figures show that one $91 million bond offering alone will cost, with interest, more than $1 billion to repay."

 

:lol

 

Only a junk publication would employ anyone dumb enough to write (or allow it to get beyond any sentient editor) anything that outlandish. $91 million of bond principal is going to be retired by about $270 million over 30 years, not $1 billion.

 

I can only conclude that the Sun-Sentinel is responsible for the ridiculous "$2.4 billion" cost estimate, which is an outright lie. Their apparent inability to read financial documents with any precision seems to have resulted in a fabrication that fit right in with their ongoing desire to trash the Marlins and Loria. Unless, of course, they picked it up from an even bigger bunch of financial illiterates, which is entirely possible.

 

But, back to more facts.

 

The total county bond issue was $409 million, but that included $100 million of existing debt rollover that is totally unrelated to the stadium and $9 million for a debt reserve fund for all debt, of which the stadium is but a tiny part. The net for the stadium was $300 million.

 

http://www.baseball-...-at-2.4-billion

 

The truth does that to people. It’s a powerful force, and the more it comes out about the crooks that own Florida Marlins, the more we’ll realize just how bad for baseball these tiny little men truly are.

 

Yeah, right, the "truth."

 

:lol

 

A $515 million stadium, for which the Marlins are responsible for every dime of cost overrun (if any, and there won't be any, it's not being built by the government) somehow turns into a "$634 million" stadium.

 

Gosh, how did that happen? Well, simple. Add $100 million of debt rollover that has absolutely nothing to do with the stadium and $9 million for a debt reserve which also has almost nothing to do with the stadium. That's $624 million.

 

Close enough for so-called "reporter" work. The other $10 million must be some other convenient rounding error.

 

The actual number is $515 million. $300 million of which is financed by county bonds supported by tourist taxes.

 

If Loria wants a libel and defamation suit, he's certainly got one. See the usage of "swindled," "robbed" and "crooks."

 

Calling Loria a crook without any evidence of criminality is beyond the pale. The malice is clear and the higher "actual malice" legal standard for libel and defamation isn't necessarily applicable as Loria isn't a "public figure" like General Westmoreland or Ariel Sharon (see their landmark suits against Time, Inc.) or your common politician, Loria's a private business owner with no public profile to speak of.

 

The clown who wrote this bilge wouldn't know "truth" if it bit him in the ass.

 

Were I Loria, I'd crush this smarmy blowhard in court, just for yuks, but he probably has better things to do.

 

What's really bad is that this sort of absolute junk gets believed by the general public. Worse yet, it gets believed by a fair percentage of the fans on this board because they were unaware of the basic facts.

 

Well, now you know.

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Good post. That people readily believe this crap is the most disappointing part. Is Loria a perfect owner? Not even close, but he has done more for this franchise and baseball in South Florida then just about anyone. The two other "local" guys failed to do so and ran off, but Loria, who has owned the team longer and secured it's future is the outsider/bad guy?

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Good post. That people readily believe this crap is the most disappointing part. Is Loria a perfect owner? Not even close, but he has done more for this franchise and baseball in South Florida then just about anyone. The two other "local" guys failed to do so and ran off, but Loria, who has owned the team longer and secured it's future is the outsider/bad guy?

 

 

Agreed but I think the combination of Loria's questionable running of Montreal along with our past owners' failures have given Loria a bad reputation to start with.

 

Its like Loria walked into a public men's room and two people before him left a couple big stinkin' turds in there so bad that Loria has to scurry back out the bathroom cuz he can't take the smell. Yet when he turns for the door, another guy walks in, takes a giant whiff of the monstrous dumps, locks eyes with Loria and assumes it was Loria who left that odor. Ever had that happen to you? Well the guy walking in at the end... that's the South Florida media!

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Well, he is right. Nothing in that article that isn't true.

 

 

"it was information that would have prevented the county from floating hundreds of millions of dollars in taxpayer money to cover the ballpark that will funnel nearly all of its revenue to the Marlins."

 

There is no "taxpayer" money in the deal at least from locals... only TOURIST dollars, funding consists of The Convention Development Tax, the Professional Sports Franchise Facilities Tax, Tourist Development Tax and the building better communities general obligation bond program.

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