Marlins Park to eventually cost Miami taxpayers $1.2 billion

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The Miami Herald takes a look at the bonds that paid for Marlins Park and reveals their true cost to Miami taxpayers:

Miami-Dade borrowed about $400 million in that deal by selling bonds on Wall Street. During the commission discussion on the Dolphins plan, Mayor Carlos Gimenez mentioned one set of stadium bonds worth about $90 million would cost more than $1 billion to pay back. We at the ETM thought: Can that be true? The answer: yes.

Click through to read the gory details. Then never, ever believe a politician who claims that it’s a good idea to invest public dollars in a stadium project again.

Padres to recall Luis Urías

Luis Urias
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The Padres are set to recall top infield prospect Luis Urías from Triple-A El Paso, according to a report from Kevin Acee of the San Diego Union-Tribune. It’ll be the second such stint for the club’s no. 2 prospect, and one they hope to extend through the end of the season. A corresponding roster move will be announced later this weekend.

Urías, 22, struggled in his first promotion to the majors this April. Touted as “one of the Minors’ better pure hitters” with “innate bat-to-ball skills” and “plus on-base skills,” he found it difficult to adjust to big league pitching and slashed a lackluster .083/.241/.125 with just two hits and four walks over 11 games with the Padres.

Upon his return to Triple-A, however, the young middle infielder has delivered nothing short of spectacular results, batting .315/.398/.600 with 19 home runs, seven stolen bases (in nine chances), and a .998 OPS across 339 plate appearances. Given the additional measures he’s taken to improve his mechanics — something, Acee says, the Padres are far more interested in than his results at the plate — it seems he may be ready to handle the competition at the highest level on a long-term basis.

Urías is expected to be recalled in time for the Padres’ game against the Cubs on Saturday, where he’ll likely share the middle infield with fellow top prospect Fernando Tatís. The game is set for 2:20 PM EDT.