Thursday, February 21, 2008

This Could Be It (New Stadium Edition)

Both Miami's and Miami-Dade County's Commissions meet today and may possibly vote on the stadiun agreement.

This analysis points out that the agreement "does not address a critical issue: how to pay for millions of dollars of infrastructure improvements to move utilities and improve roadways", and that "(d)espite being on the hook for one-fourth of the $619 million construction job, the Marlins receive all stadium-generated revenue", and that "the $94 million estimate to build the parking garage may be low."

One of Mr. Braman's attorneys pipes in.

Ethan J. Skolnick says, "If the Marlins accept this show of public good will, they accept the challenge to make a good faith effort to become and remain competitive. That means retaining and extending core players like Ramirez, and not waiting until the next decade to do so. They bear a responsibility to keep reinvesting in the product, especially because Loria now stands to reap even more millions in franchise appreciation."

The County's mayor says, "If both the city and county commissions sign off (Thursday), this public-private partnership is one we can all put in the 'win' column."

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