|Ad in The Miami Herald|
This ad with its selective facts and meta message, "We want Miami to be our home, but, we want money (from an ailing county with a short budget) to have that happen." The stupid public once again gets targeted on a Sports Arena without any knowledge of how they are being bilked by THE RICHEST MAN IN FLORIDA, A BILLIONAIRE: Mikey Arison.
Take into consideration After 14 years of profit sharing with the Heat we collected $300,000. $21 thousand a year from the Heat as profit sharing? I pay more in insurance a year.
Here is the Miami Heat deal according to the Miami Herald:
Taking into account the increased subsidies minus the rent the team would pay between now and 2040, the agreement would cost Miami-Dade an additional $121 million through 2040. That’s on top of the $6.4 million the county must pay yearly for the next 15 years under the terms of the 1996 agreement in which Arison financed construction of the $240 million arena. The yearly subsidy would increase to $12 million in 2031 — the first year of the extended lease — and hit $17 million nine years later.
In the ad they talk about guaranteed payments of $26 million. They are asking for $96 million. And I wouldn't trust them with a payment as far as I can throw Lebron James.
Micky Arison according to Forbes Magazine is worth $6.2 Billion dollars and they say the Miami Heat are worth $770 Million. And we get $21 thousand a year and we gave them free land. And they use the soccer field they promised us for parking. Are we rubes or what?
NO WELFARE FOR BILLIONAIRES MIKEY ARISON.