The finances of the Miami Marlins have always been one of the most sought-after secrets in local sports. Now a judge might start exposing them.
A lawsuit by Miami-Dade against the Marlins asks for a trove of financial information from Jeffrey Loria’s $1.2 billion sale of the team last October, as well as disclosures of some of the team’s long-term finances under Loria’s tenure. Loria has already resisted turning over anything but a bare-bones summary of the details of the October sale to Derek Jeter and partners.
The financial details behind that sale are the target of the lawsuit by Miami and Miami-Dade County over a nearly 10-year-old provision that traded more than $400 million in public money to build Marlins Park for a 5 percent share of certain proceeds if Loria sold the team by the spring of 2018.