Smiley Attempts to Purchase Marlins
Wayne Huzinega has given a group headed by team president Don Smiley 30 days to complete the purchase of the team for $150 million. Smiley has confirmed that the payroll will be reduced, but insisted that once the Marlins receive a new stadium, the payroll may be adjusted. Simley has already had discussion with the city of Miami about a 45,000 seat retractable roof stadium next to American Airlines Arena (the new Heat arena, 2000). Still no discussions with the better candidate, Broward County. With the sale, the Marlins might be eligible to receive $60 million from the state for stadium improvements, money to be used for a new facility.