With all of the millions of dollars Major League Baseball teams generate every year, why is the Florida legislature proposing to cough up $100 million in to help “bail out” a couple of baseball teams?
House and Senate budget negotiators on Monday night agreed to a plan that calls for spending $3.3 million a year starting in 2015 for at least the next 30 years.
A key element in the proposal would call for the state to spend $50 million for a stadium used by two Major League Baseball teams.
Rep. Ritch Workman, R-Melbourne, conceded this was aimed at helping pay for a proposed stadium that would be used by the Houston Astros and Toronto Blue Jays in Palm Beach Gardens. The Astros currently train in Kissimmee while the Blue Jays train in Dunedin.-AP
While the idea that helping out these teams would bolster local economies is enticing, history has told us that this is will probably be another losing proposition for taxpayers. I hope that I am wrong.
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