Ross to pay for renovations? | Page 2 | FinHeaven - Miami Dolphins Forums

Ross to pay for renovations?

Dolphins will be staying put for a long time. Not a fan of the canopy though, wish they build something permanent instead of glorified tent.
 
The Miami Dolphins want to stop paying property taxes for Sun Life Stadium in exchange for privately funding a $350 million renovation, a deal that would put South Florida in the running again for Super Bowls but also endanger about $3.8 million that funds schools, libraries and other government services, according to people familiar with the talks.

Miami-Dade Mayor Carlos Gimenez met with Dolphins owner Stephen Ross about two weeks ago, and said he would insist the team find a way for the arrangement not to dent the budgets of the School Board or Miami Gardens, where Sun Life Stadium is the city’s top taxpayer. Under the proposal, Sun Life would revert to county ownership and be free of property taxes, in the same way that the county-owned homes of the Miami Marlins and the Miami Heat are government facilities and exempt from taxation.

“He just wants to be treated fairly,’’ said Dolphins CEO Tom Garfinkel. “He wants to be treated like all the other franchise owners from that standpoint.”
Click to expand...


“I frankly don’t believe we’re going to get another Super Bowl if we don’t do something with the stadium,’’ Gimenez said in an interview Monday. “Quite frankly, it is a much better deal than what we were talking about last year.”

Privately, Dolphin executives and their representatives emphasized the arrangement would bring Sun Life in line with Florida’s other publicly owned stadiums, including Miami’s Marlins Park and AmericanAirlines Arena. Gimenez said Ross agreed to fund the renovations, then turn over the stadium to county ownership and start reaping the tax savings.

The team’s tax bill posted online shows it paid $3.8 million in 2013, including $1.3 million to the school system, $24,000 to the county’s public libraries, and about $1 million to Miami Gardens.
Click to expand...
Read more here: http://www.miamiherald.com/2014/03/10/3986404/miami-dolphins-revive-effort-to.html#storylink=cpy
 
There should be no complaints about Stephen Ross anymore on the stadium front. He is dipping into his own pocket to complete the stadium renovations while other owners across the NFL wouldn't do this.

Is this report is indeed true, I think you can pencil in Super Bowl LIII(2019) in Miami. Canopy, closer seats, new scoreboards are coming folks.

It is still amazing that people still claim that the Dolphins are just a hobby for Ross and he doesn't care. He is now funding the stadium renovations himself and for the second straight year and third time since he bought the team, the Dolphins appear on track to spend big in free agency. Ross is a good owner to have in our corner.
 
I applaud this. Good for him and the local community.
 
Better late than never and this ends all the stupid Los Angeles threats some of our own fans tried to use on other fellow fin fans for not showing up to games. They'll have to use something else now.
 
TheJetsBlow said:
Aha, the catch! Knew there had to be one...
Click to expand...

Not that it impacts me but I was under the impression that the heat and marlins already avoid taxes why shouldnt the dolphins if they are going to pay it themselves?
 
If this is true the other owners are not going to be happy about this.....they won't be able to fleece the public into doing it for them
 
Armando Salguero ‏@ArmandoSalguero 53s

Th Dolphins owner would even consider handing over the stadium to Miami-Dade County. County already owns AAA, Marlins Park.
 
Interesting that Ross is considering turning the stadium over to the county. Hopefully Ross can get a lease agreement with the county.
 
jvw said:
If this is true the other owners are not going to be happy about this.....they won't be able to fleece the public into doing it for them
Click to expand...

Yup.

I remember certain folks here we're killing those of us that didn't want our tax dollars going to billionaires.

Flip so fast LOL
 
TheJetsBlow said:
Wow. Now that actually surprises me. Not much does these days, but can't say I expected Steve-O to reach into his own pockets for the total cost. I honestly just wish he'd build a new stadium though.
Click to expand...

Problem is there's no place to play in the mean time since the City of Miami knocked down the Orange Bowl.
 
You must log in or register to reply here.
Back
Top Bottom