Miami Dolphins postpone meeting with Jonathan Martin until after Ted Wells

[Phishfan]

^^^ Looks like he did offer up more than half through private funding.

http://www.nbcmiami.com/news/Report-Dolphins-Modify-Stadium-Proposal-199967021.html

[MyGodWearsAHoodie]

^^^ Looks like he did offer up more than half through private funding.

http://www.nbcmiami.com/news/Report-Dolphins-Modify-Stadium-Proposal-199967021.html

So they changed it from completely public funded to partial public funding with the rest being a 30 year interest free loan.

And if you believe that in 30 years the Dolphins won't threaten to leave if the loan isn't forgiven, then I have some swamp land to sell you. 

[Pappy13]

So they changed it from completely public funded to partial public funding with the rest being a 30 year interest free loan.

And if you believe that in 30 years the Dolphins won't threaten to leave if the loan isn't forgiven, then I have some swamp land to sell you. 

It's nice that you can predict the future, but that doesn't change the fact that you were wrong about him offering to pay very very little. He did offer.

[MikeO]

^^^ Looks like he did offer up more than half through private funding.

http://www.nbcmiami.com/news/Report-Dolphins-Modify-Stadium-Proposal-199967021.html

I wasn't going to get into it cause its old news but yes Ross was paying more than half Hoodie was wrong.

And on Hoodies other  point, in 30 years after the deal is up if the Fins threaten to move so be it....hell in 30 years who knows what the landscape will be in the NFL for any team. 30 years is a long time away. But to know the Fins are locked into South Florida/Miami for 30 years would have been nice peace of mind. Unfortunate that it never happened.

[MyGodWearsAHoodie]

It's nice that you can predict the future, but that doesn't change the fact that you were wrong about him offering to pay very very little. He did offer.

He has offered very very little cash.  Taxpayers foot the almost entire bill, he pays part back in the 30 years interest free. 

[fyo]

And if you believe that in 30 years the Dolphins won't threaten to leave if the loan isn't forgiven, then I have some swamp land to sell you. 

That's not how loans work. Since it's interest free, he'll be paying 1/30th of the (principal) loan amount every year.

He might threaten to move the team if the remainder of the loan isn't forgiven, but presumably such a contract would include guarantees forcing the team to stay for the period (with a possible buy-out clause).

[MikeO]

1) In 30 years Ross will be dead so this notion if the state took the deal in 30 years Ross would "threaten to then move" is silly.

2) Part of the deal is the Dolphins wouldn't have left the site of Sun Life Stadium for 30 years whether Ross owned them or they were sold  after his death. That was iron-clad.

It was a sweetheart deal offered by Ross and a few state politicians (not the people) said no. Now, Ross will push for a whole new stadium all-together in a couple years where he then WILL threaten to move the team and it will cost the state and tax payers MORE $$$$. A bad deal for the citizens of Florida but oh well, they voted those people in office they gotta live with them!