He has a point:
Jeffery Loria bought the
Marlins for $143 million after selling the Expos to baseball for $120
million. After receiving between $20 and $30 million a year in revenue
sharing and having the lowest payroll in baseball, the Marlins are now
valued at $244 million. That’s a tidy profit for a man that is claiming
that he can’t make money in South Florida without a new stadium. In
fact, those revenue-sharing amounts were often larger than the Marlins’
payrolls. For example, this year the Marlins’ payroll was around $23 million.
They are slated to receive $25 million in revenue sharing. This is the
key wrong in baseball, not the Yankees’ spending.