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Hey, Rich Guys, Build It Yourself
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The New York Times has finally caught on to what's happening in Miami, where voters are geared up to reject the Dolphins’ stadium renovation plan after the debacle that is Marlins Park, which burned through a ton of tax revenue with the promise that Jeffrey Loria would spend on a contender for the new park, only to watch the team do a fire sale starting midway through the park's opening season. Now, the taxpayers are on the hook for the rest of their lives (in many cases, literally so), and they don't want to have it happen again. Atlanta, Sacramento, Seattle, and everyplace else considering even a dollar of tax money to build a new sports arena, take note. (New York Times)
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