Let Broward have its arena—and the debt

February 1, 1996

Dade taxpayers should breathe a collective sigh of relief this week. They might be off the hook for a new sports arena.

Broward County has impulsively offered to build a basketball-hockey emporium to keep both the restless Miami Heat and the money-losing Florida Panthers in South Florida.

Price tag: $212 million, minimum. Most of the dough would come from a 2 percent hotel-bed tax, backed by county bonds.

Broward voters haven't been asked for their opinion, as a public outpouring of skepticism might discourage Heat owner Micky Arisen (who has already threatened to move his team) and Panthers owner Wayne Huizenga (who's supposedly trying to sell his).

By a 5—1 vote, Broward commissioners vowed to spring for a new arena if the teams sign in advance and agree to share revenues with the county. The deal is far from sealed, and Dade officials are hurriedly polishing a new pitch of their own.

Only in the irrational realm of big-league sports can two of the richest guys on the planet sit back and watch suckers plead for the privilege of building them a palace.

In Broward, three cities have hurled themselves worshipfully at Arisen's and Huizenga's feet. Fort Lauderdale has a downtown site off Interstate 95. Pompano Beach is pushing a parcel near the harness track. And Sunrise has property located near West Broward 's social and cultural shrine, the Sawgrass Mills outlet mall.

The Sunrise Heat? The Pompano Panthers? These days anything is possible—witness the Mighty Ducks of Anaheim.

Backers say a sports arena will bring to a neighborhood great jobs, economic prosperity, national prestige and immeasurable civic pride.

Sound familiar? These are the same promises heard when basketball promoters lobbied for the building of the Miami Arena, which has not exactly revitalized the downtown area.

In fact, a new fiscal study of 35 major sports facilities finds little positive economic impact on the communities that turned cartwheels to attract them. Arenas and stadiums are strictly designed to make money for the team and its owners.

There's nothing wrong with the Miami Arena. It's not old, it's not falling apart, and it's not too small—in fact, on some nights it's downright cavernous for the crowd that shows up.

Sure, it's in a tough neighborhood, but that's true in other basketball and hockey cities. It's not the fans who are complaining loudest about the facility, it's Arisen and Huizenga. They want more seats and more luxury skyboxes, which are hugely profitable.

Sports owners all over the country engage in the same strong-arming of loyal fans and local taxpayers: Give us what we want, or we'll bolt. And too often they do.

That's because there's always another town with an inferiority complex and gullible politicians willing to put up somebody else's money. It's not about economic betterment, it's about egos. Every place lusts for its own pro sports team.

Listen to what Fort Lauderdale's city manager said about the benefits of a new arena: "This will bring Broward County out of the shadow of Dade."

A baffling remark, considering that Broward is already growing much faster than Dade, and is internationally perceived as a safer and more desirable place to live.

The only shadow Broward residents ought to worry about is the one made by a tower of debt, which is what they'll be trapped under if Arisen, Huizenga or some future sports tycoon gets antsy again in a few years.

Which seems to be the nature of the game.

A rejected rough draft of the latest Letter of Intent to move the Heat and the Panthers from Miami to Broward County:

"And whereas we could move to Boca Raton;"

"Whereas we, Micky Arisen and Wayne Huizenga, the owners of the Miami Heat and the Florida Panthers, respectively, are committed to terminating our leases at the present Miami Arena, (hereinafter referred to as 'The Dump');

"And whereas neither of us intends to finance, wholly or in large part, the construction of a new sports arena, despite the fact we're both stupendously wealthy, and could probably pay for the whole darn thing out of our personal money-market accounts;

"And whereas the prospect of losing basketball or hockey has spurred local politicians to a burst of fiscal cleverness hitherto unknown in more mundane crises, such as juvenile crime or classroom overcrowding;

"And whereas the Broward County Commission has expressed verbally and in writing an almost pathological eagerness to construct a new sports arena for us, at considerable expense and public risk;

"And whereas said Broward Commission (hereinafter referred to as 'The Big Suckers') have acquiesced on numerous key points concerning the division of future arena revenues, including ticket sales, luxury box leases, food and souvenir concessions;

"And whereas, in the face of such blind generosity, we'd have to be out of our cotton-pickin' minds to fork out a nickel from our own pockets;

"We therefore declare our intention to move the Miami Heat and Florida Panthers to Broward County, providing all parties agree that:

" (a) This Letter of Intent shall be entirely non-binding (hereinafter referred to as 'worthless' or 'not worth the paper it's printed on').

" (b) This Letter of Intent shall not deprive us of our right to jerk Broward County around while we wait for other offers.

"Such jerking around (hereinafter referred to as 'thoughtful reconsideration') shall include but not be limited to postponing or ignoring agreed-upon deadlines, making coy and ambivalent public statements about where the teams wish to play, and generally stalling whenever it suits our purpose;

"And whereas, to our vast amusement, civic leaders and elected officials in Dade County have recently expressed an almost desperate desire to keep the Heat and/or the Panthers;

"And whereas we'd be foolish not to sit back and watch Dade and Broward compete like little children for the privilege of building us a brand-new $200 million arena;

"And whereas we don't particularly care where the money comes from, as long as it's not ours;

"And whereas Dade authorities appear every bit as gullible and easy to intimidate as those in Broward;

"And whereas while we find it hard to believe that local politicians are goofy enough to build two new arenas, we cannot rule out the intriguing possibility;

"Therefore each of us individually retains the right to pretend this Letter of Intent to Broward commissioners is a gag, and to continue negotiating for an extravagant new arena with Dade officials (hereinafter referred to as 'Even Bigger Suckers');

"Such negotiations with Dade may continue until the very day that construction on the Broward arena is completed. At that time one or both of us will sign an Amended Letter of Intent, allowing the Heat and/or Panthers to play in Broward County until something a little better comes along.

"Your pals, Wayne and Micky."