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My personal opinion is that a sports franchise like the Mariners, or a F-50 company like Boeing, adds a lot of quality of life to a region.
The media grouses about tax breaks for Boeing, which blinks quietly and then moves to South Carolina .... whereupon the region comes back hat-in-hand and says "could you start building here again, please?  No taxes and we'll build you a light rail!"
Hey, if the Mariners, or Boeing, or Weyerhaeuser, are assets to the region?  Why not treat them as such?
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The Florida, er, Miami Marlins are worth a lot more to the area than it costs the region to keep them.  If they turn around and spend some of the money on players, great.
But then, it goes to a person's broader world view.  Some people are thankful for Corporate America, while others are bitter about it.