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ORLANDO BASEBALL BID HOPES TO MIRROR ROCKIES' SUCCESS
Published November 29, 1994
The efforts to bring baseball to Orlando is examined in two parts by the ORLANDO SENTINEL. Developer Norton Herrick, who heads the current expansion effort, is profiled in a front-page layout. Calling Herrick the "mystery man," the headline states "Orlando knows little about Norton Herrick except that he had a $150 million letter of credit." Herrick was not viewed early on as the front-runner in the derby to lead an Orlando bid, but a "key" was a $150M letter of credit "bearing the signature of Herrick's private Citicorp banker in Miami and a list of references that included H. Wayne Huizenga" (Dan Tracy, ORLANDO SENTINEL, 11/27). The SENTINEL also ran a front-page piece on how Orlando hopes to duplicate the success of the Colorado Rockies, noting that Herrick's partner, Paul Jacobs and Steve Kurtz, were instrumental in making the Rockies such a financial bonanza. Jacobs "negotiated a stadium lease considered the most lucrative in all of baseball." If Orlando gets a team, the two will be "key players in determining just how profitable the team will be, how much it will keep from every hot dog, beer and program sold at the new ballpark" (Larry Lebowitz, ORLANDO SENTINEL, 11/28).