Minority Investor Coming For Penguins? First One Daytona Tenant Opens Maine Basketball Making Statement On HB2 NFL Taps Paul Clement To Argue Case Fox Rolling Out New Broadcast Elements Voke Producing VR NFL Highlights Sources: Chargers Expected To Move To L.A. In '17 Monster Energy To Title Top NASCAR Series LA 2024 Betting On Historic Sponsorship Sales S&E Sponsorship Group Acquired By Dentsu Aegis
SBD/October 27, 2010/FacilitiesPrint All
Last night’s episode of HBO “Real Sports” examined the controversy over building the Marlins' new ballpark, which is slated to open in '12. Host Bryant Gumbel said since winning the ’03 World Series and playing at Sun Life Stadium, the team “routinely led the National League in only two dubious categories: Lowest payroll and lowest attendance." That is why the Marlins “lobbied the locals for years to get a new ballpark and continually threatened to leave South Florida if officials didn’t help them build one.” Gumbel noted the Marlins' new ballpark, “complete with a retractable roof, has an estimated construction cost of $515 million, of which only about 30% will be paid” by team Owner Jeffrey Loria. The "rest -- approximately $360 million -- will be publicly funded." The ballpark deal’s most vocal critic, Miami car dealership owner Norman Braman, said, “This is a community that has needs. Building a stadium is a luxury.” Braman sued Miami-Dade County and lost. Miami-Dade County Commissioner Carlos Gimenez said he opposed the public financing because he thought the Marlins “were hiding something.” During the approval process, the Marlins refused to open their financial records to the county. Marlins President David Samson: “In Major League Baseball history, books are just kept private. That’s just how it is.”
A LOOK AT THE BOOKS: Gumbel noted the “story could have ended” when the deal for the new ballpark was approved, but about a year and a half later Deadspin released the financial records of several teams, including the Marlins. The records revealed that the Marlins in ’08 and ’09, while they were "lobbying for public money," were "actually making a profit of nearly $50 million." Marlins fans were "furious at the team and David Samson." Samson, when asked how he would plead to the charge he sought to conceal the team’s finances, said, “Absolutely not guilty.” Samson: “We gave the impression correctly that this was a franchise that could not survive in Miami without a new ballpark and did not have the wherewithal to build a ballpark without a public/private partnership.” Samson said he was “sure” the commissioners would have voted the same way even if they had seen the financials prior to approving the public funds for the ballpark. Samson: “The community, in my opinion, is a worse community without baseball.” MLB President & COO Bob DuPuy added, “I think it’s a fair deal for the community and a fair deal for the Marlins” (“Real Sports,” HBO, 10/26).
The Boston Landmarks Commission yesterday "unanimously approved the Red Sox’ application to widen Fenway Park’s bullpen by about 9 feet -- reducing the right-field fence’s distance from home plate to about 371 feet from 380 feet." Red Sox VP/Fenway Affairs Larry Cancro said that the "major reason the team was requesting the change is for player safety." Dan Wilson, a member of grassroots group Save Fenway Park, "stopped short of opposing the proposal, but cautioned the commission and the team about altering Fenway." Wilson: "We approve of all the renovations, but our concentration has to do with the fact that this is potentially character-changing for the ballpark" (BOSTON HERALD, 10/27).
RUNNING OUT OF TIME: MLS Commissioner Don Garber recently addressed DC United's future and said, "It's DC United, and I'd love to see it stay here in the District. But if we can't get a solution to the stadium, we can't stay here and we'll have to look at other options." DC United President Kevin Payne noted the club is "waiting for the results of the financial feasibility study" of a stadium in Baltimore. He added, "We're working with a couple of developers in DC to try to explore a site" (WASHINGTONPOST.com, 10/26).
TRYING TO GET BACK ON TRACK: In Charlotte, Erik Spanberg notes the NASCAR HOF two months into its new FY "has a net deficit of $190,000." With attendance of 55,000 in July and August, "ticket revenue is 63% below projections." Possible cutbacks for the HOF could include a "reduction in national advertising and more emphasis on local and regional promotion." Another aspect of marketing "likely to be trimmed is spending to lure corporate sponsors." Spanberg notes NASCAR, which is supposed to receive 5-10% of the HOF's revenue generated in a range of categories, is "deferring its portion of revenue until the hall of fame is in better financial shape" (CHARLOTTE BUSINESS JOURNAL, 10/22 issue).