Here is how the Richest people get richer at Tax payer expense. They threaten to leave. Kraft did it but only partially successfully only the infrastructure to the stadium was taxpayer funded . Stephen Ross, a real estate developer who owns the Miami Dolphins, is the third-wealthiest owner in the NFL with a net worth of $4.8 billion, according to Forbes. The Dolphins are worth $1.06 billion, making them the 25th most valuable sports franchise in the world. Ross, a real estate developer, asked taxpayers for $380 million in public funds to renovate Sun Life Stadium so that it could host future Super Bowls. The Florida state legislature ended its last session without voting on the project, though, so Ross and the Dolphins began issuing threats to leave south Florida, like all jilted owners do. Ross then started a political action committee, apparently with the intent of targeting state representatives who weren’t on board with his plan. To make a point, Ross and the Dolphins submitted a ridiculous bid to host the 2015 Super Bowl that proposed playing the game not in Sun Life Stadium but on board an aircraft carrier parked in Miami’s harbor. The city of Miami, by the way, is facing decades of debt brought on by the boondoggle stadium deal it gave Major League Baseball’s Miami Marlins. Neither that nor Ross’ wealth will prevent him from coming back to taxpayers in the future.
Posted on: Mon, 16 Sep 2013 23:15:38 +0000
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