The Real Deal Miami

Miami pols push for Marlins to

August 26, 2010 04:00PM

Rendering of the new Marlins Stadium

Miami Mayor Tomás Regalado wants the city to renegotiate its contract to build a $100 million parking garage serving the new Florida Marlins stadium in the Little Havana neighborhood in the wake of reports of the team’s hefty profit margins, the Miami Herald reported. The intent is to find a way for the city to get a better return on its investment in the $642 million stadium plan. Leaked documents published by Deadspin.com last week showed that the Marlins franchise made $49 million over the past two years. The team’s new 37,000-square-foot stadium is slated to open in 2012, and now Regalado, who voted against the plan while he was a commissioner, wants the city to receive 100 percent of the advertising revenues that come from signage on the garages, as opposed to splitting them 50-50 with the Marlins. Yesterday, Miami-Dade Commissioner Rebeca Sosa asked county administrators to reopen the stadium deal to try to get a larger contribution from the team, which had been set to pony up $155 million, including a $35 million county loan. Marlins President David Samson replied, “I think she understands a contract is a contract.” [Miami Herald]