Finance Geek

Nobody has been on a holiday shopping spree in America that matches the newly renamed Miami Marlins baseball team.  In just a few weeks the Marlins have inked three free-agent deals, committing about $191 million in payroll for batting champion Jose Reyes, reliever extraordinaire Heath Bell, and perfect-gamer Mark Buehrle. Practically every story on these deals notes that the Marlins, whose entire payroll was a scant $29 million just a few years ago, have been stocking up in the hopes of filling a glitzy, new $645 million domed stadium with fans.
But the Marlins…

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This entry was posted on Tuesday, December 13th, 2011 at 6:44 pm and is filed under RealClearMarkets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.