Jeffrey Loria sold his baseball team for about $1 billion more than he paid for it, so how can he be telling the county and the city he owes nothing from a 2008 profit-sharing deal requiring him to turn over 5 percent of any sale proceeds to the public?
A court may ultimately answer that question, with Miami-Dade Mayor Carlos Gimenez saying he’s interested in suing to recover a public share of what he assumes is the “hundreds of millions of dollars” that Loria put “in his pocket” after a $1.2 billion sale to Derek Jeter and partners last fall.