I have a visceral hate for Jeffrey Loria and his croney David Samson. Publically funded stadiums are wealth transfers to already wealthy owners, but at least most owners will actually invest some of their money in the baseball team.

Burgess should sell it as stimulus if he doesn’t want anyone to bother reading it.

I don’t know if it ever happened before the wheels came off on Friday, but Burgess did not release the repayment schedule for the bonds, so it has been unclear what the total would wind up. The Herald reported that it could be between $528 million to more than $1.1 billion. However, the $1.1 billion was in today’s dollars, so it’s more likely that the schedule would be down some from there.

The S. Florida Biz Journal had the following before Friday’s train wreck:

  County Manager George Burgess said he recently met with Citigroup, Bank of America, J.P. Morgan and Goldman Sachs, and was told they were all interested in doing business with the team for its portion of the stadium funding.

  “They indicated that there is an appetite in the marketplace for these types of financings, and that they could secure the team portion of the financing even in today’s market,” he wrote.

  Terrence O’Grady, senior vice president of municipal trading for FMS Bonds, said recently that the market for issues has improved and rates were near 6 percent, down from 7.5 percent to 8 percent in December.

  “It seems like municipal bonds have now started to right themselves, and their timing might be good if they start toward the end of the year,” he said.

Not sure where the “$2B” price tag came from, but that’s simply slicing hairs. The deal is considerably more than what is being advertised, as was Citi Field, and new Yankee Stadium, and… and… and…