November 24, 2003
Marlins finances probed, sort of
The Miami Herald, in a report characterized by Doug Pappas as "somewhat credulous," has used the Florida Marlins' own figures to determine that the team lost somewhat less than the $20 million they claim, and a new stadium would help, but not all that much. The Herald was hindered by the fact that the Marlins refuse to open their books, a stance defended by team president David Samson, who insisted: "Many private companies ask for public help - in tax abatements, incentives to move firms to new areas and other kinds of government help. And you don't see those companies releasing their figures." And we know how well that's worked out.
Posted by Neil deMause
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