The Miami Heat play in a publicly subsidized arena that opened in 1999, and have a 30-year lease that doesn’t expire until 2029. They’re asking for about $66 million in future subsidies to fund renovations they want to do to their arena; Mayor Carlos Gimenez has been negotiating with the team, which like most negotiations involves a lot of staring each other down across a table.
So, naturally, the Miami-Dade County Commission has voted unanimously to undercut their guy by telling him to hurry up and make a deal:
On Wednesday, the commission voted unanimously to direct Mayor Carlos Gimenez to sit down with the Heat, whose executives are seeking a 10-year extension of the deal that lets the team play at the arena and receive about $6.5 million a year in hotel taxes to subsidize operations.
The agreement doesn’t expire until 2029, but the Heat has been trying to capitalize on its back-to-back championships to extend the terms until 2039 in exchange for a significant upgrade to the 14-year-old arena.
“They’ve gone back and forth, but things have not finalized,” said Commissioner Bruno Barreiro, who sponsored the measure “to bring an ending to this.”