Earlier in the summer, there was a report that a joint UM/MLS stadium may have been getting positive momentum.
Late on Saturday night, Barry Jackson from the Miami Herald included stadium information in this blog (scroll to the bottom) that, unfortunately, doesn't bode well for Hurricanes fans.
First of all, neither the Beckham group nor UM has ruled out the previously proposed site (the one adjacent to Marlins Park). As it's the only viable location (Tropical Park isn't happening, stop it), that's understandable. The Beckham group wants UM to kick in some cash for this venture, which is also understandable, and hasn't been ruled out..
I'm sure you're wondering "well then, what are the issues?" Here they are, as reported by Jackson:
- As many have said (including myself on twitter many times), the more than $3 Billion that President Shalala raised for the University in her 14 years at Miami is money that is earmarked for academic programs. Meaning, that is money that has been specifically allocated for non-athletic use. Jackson reported that the donors gave the money with that understanding, and it would be tough (though possible) for the Board of Trustees and incoming President Julio Frenk to re-allocate those funds away from academics and to athletics.
- Dolphins owner Stephen Ross would require UM to pay some kind of buyout to get out of the lease at Sun Life Stadium. While that isn't new knowledge and has been previously discussed in this and other spaces, what IS new is the report that Dolphins officials were displeased with President Shalala's statements desiring a new stadium for the Canes.
- Multiple entities own land in the proposed stadium location, including Miami-Dade County, the City of Miami, and private property owners. The Beckham Group and UM would have to deal with each of those entities to fully secure the land needed for this stadium. A task which could prove challenging, and costly.