Sports and political gamesmanship in Tallahassee
For all the tough talk in the state Capitol to save $20 million next year by freezing for one year the state subsidies that help fund stadiums and arenas across Florida, don’t expect the plan to move forward.
Offered up by the Democratic minority in the House on Wednesday, the plan would have the state hold in reserves next year the $2 million most pro franchises in the state receive annually for 30 years for new buildings or renovations and the dollars that municipalities receive to upgrade or build spring training venues. Read my colleague Josh Hafenbrack’s story here.
Fort Lauderdale was granted $15 million to help the Baltimore Orioles overhaul Fort Lauderdale Stadium. Dolphin Stadium receives the sales tax rebate for renovations it made to accommodate the Marlins; the Panthers receive it to help pay for BankAtlantic Center and the Heat for AmericanAirlines Arena.
And there’s the rub. While the rebate program has been controversial over the years, it has helped pay for new sports venues across the state. In many cases, bonds were issued against the rebates to help pay venue construction costs. So there’s a contractual obligation to bondholders.
Josh asked House Speaker Marco Rubio Wednesday night about that very issue.
“That’s a good question. That’s a bridge we’ll have to cross in conference,” Rubio said. “I did think about that today when I heard the amendment.”


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