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Battered Fishby John BrattainNovember 25, 2005 So sad. To be a Marlins fan I mean. I’m sorry, a leopard cannot change its spots, or in this case a skunk cannot change it stripes. Why was Jeffrey Loria allowed to buy the Florida Marlins after selling the Expos? Class? Anyone? Simple: Loria was Bud Selig’s kind of owner. Bud’s kind of owner is one who looks to subsidies from the public coffers and big-market major league teams to turn a healthy profit rather than growing a fan base. Now that the taxpayer-funded windfall isn’t coming his way, Loria will do as Loria does, as any good Selig-type small-revenue franchise does: throw a small revenue small-minded hissy fit. The Fish are being gutted again, threats are flying, South Florida fans and politicos alike are being blamed because they won’t throw undeserved millions Loria's way. Yes, the Marlins have (or had) a fine team; they won the World Series in 2003, they played meaningful games in September this year, they had exciting players—Dontrelle Willis, Miguel Cabrera and Carlos Delgado (to name three; there were a lot more)—and were still 15th out of 16th in NL attendance (1,852,608). Naturally the "solution" from Selig’s and Loria’s standpoint is a new shiny, revenue-generating publicly financed luxury box- and club seat-laden ATM-esque ballpark. Kind of like the Pittsburgh Pirates’ gorgeous PNC Park. Speaking of which, what was the one club that drew worse than the Marlins? *cough* Pittsburgh *cough* Yeah, but the Marlins were contenders and the Pirates aren’t. Well, it’s not that simple. I’m going to re-print part of an earlier column I did in May on the Marlins and why Loria and Selig’s wet dream won’t be the solution they envision: Let’s take a quick look at how the Marlins have marketed their product: Now you can add another relocation threat, another fire sale and another extortion attempt to this list. You can also add this to the litany of lies Marlins fans have been forced to endure: the Marlins claim to have lost $20 million. Here’s a little tidbit you might want to know: the Marlins were purchased by Loria for about $150 million. Over the first five years of ownership a club can amortize 50% of that. In other words, the Marlins can make a book entry in the loss column in years 1-5 of ownership for $15 million. Loria and Samson’s salary is also included as an expense—hence in the “loss” column. The Marlins received about $27 from revenue sharing this year and almost $20 million from ESPN and FOX, and they receive at a minimum $3 million from MLB licensing revenues and had a payroll of about $60 million. So they have $50 million from those three sources. Toss in local television and radio, Internet revenues (remember Wall Street firms offered $3 billion for MLB.com or $100 million per team) and road receipts and…well, you get the idea. They get all of this before they sell a single ticket or hot dog. Besides, Loria is most likely in a 33% tax bracket, which means his $20 million “loss” translates into $6.6 million he can write off against his income from other sources. In other words he can make over $6 million in profits from his art business before he has to worry about paying tax on it. By the way, Forbes listed the value of the Marlins franchise at $206 million for 2005, so Loria is looking, at this moment, at about a $50 million gain in the value of his investment. Still believe he lost his shirt this year? That’s a lot of bad faith, a lot of abusing a fan base. Do you think this will all disappear if South Florida coughs up a few hundred million dollars in extorted corporate welfare to house the team? If they do, the value of the franchise jumps considerably and Loria gets the lion’s share of revenues from the new park. In short, this isn’t about the viability of the franchise; this is about padding profits (yes, profits) and making Loria a lot more wealthy without him having to actually work for it. Loria has two choices: One, rebuild the fan base remembering that the damage has been done over the course of years and it’s going to take an investment of money and time (read: years) to reverse it. Or as option two, he can throw a temper tantrum, blame the consumer and try to find a region that’s willing to make him a lot more wealthy. Guess which choice he has made? He’s told South Florida to go to hell and is whoring himself out to any region willing to whip out the public teat and allow him to nurse until he’s gorged. He’s said this is his intention repeatedly since 2004. And he wonders why folks still stay away? He’s shown no loyalty to South Florida. He expects fans to come out regardless of the quality of the team and expects local politicians to place a higher priority on fattening his wallet than providing hurricane relief. And if all that happens, then he’ll pledge fealty to the region. His approach is about as subtle as a double-fisted schoolyard salute. Take heart Marlins fans; relocation is a longshot at best despite the nice words from Portland, Las Vegas and Puerto Rico. It’s really easy to promise a ballpark, quite the opposite to actually build it—just look at the seven levels of hell they’re going through in Washington, D.C. Despite the fire sale, general manager Larry Beinfest has done his usual outstanding job in the Delgado/Beckett/Lowell deals and gotten some nice young talent. Remember, he got you a year’s worth of Carlos Delgado for just $4 million (plus what he sent to the Mets), and as long as he is charge the team will always have a bright future. As long as Loria and Samson are in charge however, expect the headaches to continue. As a bitter Montreal Expos fan I speak from experience. You have been warned…again. Tune in every Wednesday at 4:40 PM EST on ESPN 1450's The Mike Gill Show and Fridays at 5:40 PM on “The Locker Room with Kevin Williams” on Fox Sports Radio 1310AM and 1160 WOBM-AM where I'm a weekly guest. For a distinctive Canadian flavour you can read my coverage of the Toronto Blue Jays (as well as other baseball matters) at Sympatico/MSN Sports. Also be sure to check out baseball’s hottest blog as mentioned by the voices inside my head: The Progenitor of Severe Gluteal Discomfort. Please forward all flames, complaints, whining, accusations about my mother, inferences of habouring an Oedipus complex, demands to engage in coprophagy before shuffling off this mortal coil, and anatomically impossible suggestions here. Do you have a general question or comment for one of THT's writers? Send it in to our weekly mailbag We also welcome unsolicited op-ed pieces of approximately 500 words for consideration. We reserve the right to edit for length, clarity and consistency of style. Please include your whole name and location to be considered. If you have a comment about this specific article, please email the writer. Next Article: Around the Majors: Red Sox-Marlins trade>> <<Previous Article: Avoiding Arbitration and Locking up Free Agents |