Another “fire sale” has begun in Miami. Only this time, it’s not coming after the Marlins won the World Series. Instead, it’s coming during the inaugural season of the new Marlins Park.
In just three days, the team has unloaded All-Star infielder Hanley Ramirez, pitcher Anibal Sanchez, second baseman Omar Infante and left-handed reliever Randy Choate, and more trades may be coming.
Marlins ownership had set a franchise record this season with a $101 million payroll, but the team’s record is 45-52. Of course, it’s easier to spend money on payroll when you don’t have to spend it on your new stadium.
Remember that the Miami public was duped into contributing $409 million in bonds to help build the new $515 million Marlins Park after owner Jeffrey Loria misled the public about the team’s financial situation.
And keep in mind that 40 years from now, those bonds will have cost the public $2.4 billion.
So now the Marlins are dumping salary, trading away starters for prospects and minor leaguers. Will they reload? It’s unclear.
Are they obligated to reload? $2.4 billion says yes.