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Wednesday, July 08, 2009 |
Matt Welch Skewers The Marlins New Stadium
I always wondered what the justification for the new Marlins stadium was. Noting that the price tag will ultimately come to around $2.4 billion (from a current estimated cost of $515M), Welch writes that it doesn't make a lot of sense for Miami:
Particularly since A) the team has spent (if I'm not mistaken) less on payroll the past four years than any other major league team, a combined $104 million from 2006-2009, and not surprisingly B) has produced inferior (if occasionally promising) product, going 17 games under .500 during that stretch, even though C) Picasso-owning, 7,000-square-foot-Upper-East-Side-apartment-living team owner Jeffrey Loria has seen the value of his franchise rise to an estimated $277 million since he bought it for $158 million in 2002.
Labels: marlins
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