The Hurricanes Versus The Hurricane

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Satellite photo of the swirling air mass of Hurrican Katrina located over the State of Florida.What does September of 2017 mean to me?

In September of 2017, I had completed the first month of my law school experience. I had moved from Miami, Florida to the city of Milwaukee. I still had in the back of my mind my recent summer time experiences of going to country music festivals and being in the sunshine state. But here I was in Milwaukee reading countless pages on topics ranging from Torts to Contracts to Criminal Law. While I was getting my head in the game of attempting to focus on law school, my attention began to get diverted towards watching countless hours of the Weather Channel.

“Breaking News: Category Five Hurricane Headed Towards Miami”

How was I to focus knowing my loved ones were being faced with a horrific storm that could possibly result in tragedy or even destruction to property? Luckily, my loved ones survived the experience, even though the city did not look the same when I returned later that month. All the news about the hurricane began to remind of the summer of 2005 when Hurricane Katrina made an impact on the city of Miami, before traveling to Louisiana as a category five hurricane. The impact of Hurricane Katrina marked a memory in my life as a ten-year-old. The glass balcony doors were shaking, rocking back and forth. One could think they were going to swing open and cause the hurricane to enter the house. The howling of the wind led to me becoming anxious. The neighbor’s generator had been struck by lightning and was on fire. Imagine those scenes to a ten-year-old who experienced a category one hurricane. Now imagine being in a new city, a thousand miles away, and having to wait while your loved ones endured a projected category five hurricane.

What should September of 2017 mean to you?

In September of 2017, I was not the only one facing a major dilemma. Fall had commenced, which meant the start of college football season. Rivalries are dished out, fans begin to bring out their favorite game day gear with hopes of winning a National Championship. However, universities in the Florida area were preparing for an unwelcomed guest: Hurricane Irma. Some colleges decided to resume activities and still travel to other states to play football, some colleges rescheduled their football game for a later day, and one even had a buyout. Nevertheless, there was one school that did neither of the three options: The University of Miami. In a recent suit, Arkansas State is taking action against University of Miami for a breach of contract by (1) failing to appear for the scheduled game, (2) failing to reschedule the game when its schedule permitted, and (3) failing to pay Arkansas State liquidated damages of $650,000.

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The Real Math: Who Owes Whom?

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A photo of the mascot for the Florida Marlins baseball team, a man dressed in a foam costume with a fish head and wearing a baseball jersey.The start of Spring can mean one of two things. For some people, Spring can mean the weather will finally get warmer, or they will be going on a vacation. However, for baseball fans, Spring means the beginning of a new season on the road to October. Players head out to Spring Training, where they showcase to their fans the excitement of heading towards the 162-game season. Nevertheless, with the beginning of baseball season means the off-season has concluded and controversies start to surface in the media. Whether it was a favorite player being traded or a new ownership of a team, the possibilities of controversies are endless. In this particular situation, the county of Miami-Dade in Florida is filing suit against Miami Marlins (former owner) and Marlins TeamCo, LLC (the new owner of the Miami Marlins). The county of Miami-Dade is filing suit against the Marlins for refusal to pay the five percent equity payment that the Marlins promised to pay when they sold the Marlins to the Bruce Sherman-Derek Jeter group.

$1.2 Billion Dollars. That number represents the dollar amount that Jeffrey Loria sold the Miami Marlins to the Bruce Sherman-Derek Jeter group for in October of 2017, even though he only purchased the team for $158.5 million.  How much did the county of Miami-Dade receive from this transaction? Zero dollars. The real question in this case is why should the county of Miami-Dade receive any type of monetary relief from this transaction.

During the season of 2009, times were tense between the Miami Marlins and the city of Miami. The owner at the time, Jeffrey Loria, was making statements that he wanted to move the Marlins out of Miami and into a new market unless a new stadium was built. However, Loria claimed that since profits were decreasing, the team could not build a new stadium without the help of public funding. The county of Miami-Dade provided approximately $389 million towards the construction of the stadium, and the city of Miami agreed to provide approximately twenty-five million dollars and the land for the stadium. Besides providing public-funding, the county of Miami-Dade and Jeffrey Loria came into an agreement. The agreement stated that Jeffrey Loria would keep the Marlins in the Miami market for a specified period of time, and if he did then the county would provide public funding. However, if Jeffrey Loria sold the team within that specified period of time, then the team would have to make an equity payment to the county of Miami-Dade.

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