David Samson's Ouster Makes It Easier For Miami Marlins Next Owners To Raise Money
David Samson
Miami Marlins president David Samson  will reportedly be shown the door after the team is sold. That should make it much easier for the incoming owners to bolster the team's balance sheet.
But equity has been hard to come by in this sale process. As things stand  the asking price for the team --the sale of which has been led by  Samson  -- has fallen from $1.8 billion to $1.2 billion in just about eight months.
Current Marlins owner Jeff Loria and  Samson  have built up a lot of ill will in Miami over the years  mostly due to the stadium boondoggle that led to the recall of Miami-Dade mayor Carlos Alvarez. The Marlins are last in the National League in attendance.
With  Samson  on  his  way out  more cash should come in. And with the team expected to lose money the next few years  that cash will come in handy. Rebuilding the brand is not going to be cheap.
[TGT] will reportedly be shown the door after the team is sold. That should make it much easier for the incoming owners to bolster the team's balance sheet.
But equity has been hard to come by in this sale process. As things stand  the asking price for the team --the sale of which has been led by   [TGT] -- has fallen from $1.8 billion to $1.2 billion in just about eight months.
Current Marlins owner Jeff Loria and   [TGT] have built up a lot of ill will in Miami over the years  mostly due to the stadium boondoggle that led to the recall of Miami-Dade mayor Carlos Alvarez. The Marlins are last in the National League in attendance.
With   [TGT] more cash should come in. And with the team expected to lose money the next few years  that cash will come in handy. Rebuilding the brand is not going to be cheap.