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Statements show Marlins made $49M in 2008-09

The Columbian
Published: August 23, 2010, 12:00am

MIAMI (AP) — Florida Marlins president David Samson says the team’s profits of $49 million in 2008-09 were needed to ensure being able to borrow money to help finance a new ballpark.

Team financial statements acquired by Deadspin.com show the Marlins had operating income of $37.8 million in 2008 and $11.1 million in 2009. Samson didn’t dispute the figures during a conference call Monday.

The Marlins had the lowest player payroll in the major leagues both seasons. Last winter the Marlins reached an agreement with the players’ union to increase spending in the wake of complaints team payroll had been so small as to violate baseball’s revenue sharing provisions.

Florida’s new ballpark is expected to open in 2012.

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