Miami Heat lease deal announced, county cost trimmed to $6m
On Friday afternoon, the traditional time for politicians to announce things that they don’t want to get too much media play, Miami-Dade County Mayor Carlos Gimenez and Miami Heat owner Micky Arison...
View ArticleHeat arena subsidies cheaper than making a Michael Bay movie
I don’t especially disagree with the meat of this Miami Herald article on the Heat‘s lease extension proposal — though I’m not sure my assessment that it’s a reasonable price to pay for locking the...
View ArticleMiami Heat lease extension approved, looks more resoundingly meh than ever
The Miami-Dade County Commission unanimously approved a lease extension for the Miami Heat last night, agreeing to increase annual operating subsidies to the team from $6.4 million a year to $8.5...
View ArticleMiami celebrates subsidizing suddenly-crappy Heat by laying off librarians, cops
Now here’s a lede, courtesy of Bloomberg News: Last month, Miami politicians approved a $19 million subsidy for the professional basketball arena. Six weeks later, they turned to a grimmer task:...
View ArticleHurricane Irma fails to knock over any of Florida’s sports venues
Time for your “What damage did Florida sports facilities suffer during Hurricane Irma?” rundown! Miami Heat: Damage to the “exterior membrane” of their practice court roof (i.e., the stuff that keeps...
View ArticleMiami-Dade may have found a way to reduce its Heat arena subsidies, two...
The old joke about the New York Times is that you need to read the articles backwards, since all the most important information is usually buried way at the bottom. That’s sort of the case with this...
View ArticleMiami stadium sites are “future Atlantis” thanks to climate change, teams to...
As you may have noticed, I’m slightly interested in the massive human-created changes to Earth’s climate that are going to make many major cities uninhabitable soon via increased heat or sea level rise...
View ArticleHere’s a bunch of ways rich sports owners are looking to get pandemic bailouts
The owners of the Los Angeles Lakers have voluntarily returned $4.6 million in refundable government loans they received as part of the Payroll Protection Program— Hold up, let’s try that again. The...
View ArticleMiami-Dade County just maneuvered its way into paying the Heat an extra $2m...
Miami-Dade County has budgeted an extra $2 million in payments to the Heat for the team’s arena construction debt in 2020, to make up for the fact that the arena is currently without a naming-rights...
View ArticleFriday roundup: Georgia man holds no truck with numbers, new stadiums falling...
Happy Friday! Still recovering from the double whammy of my second shot on Sunday plus learning that birds aren’t real, so I’ll keep the intro short this week and get right to the news: In the wake of...
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