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The city found some extra money for labor costs by raiding a stadium fund of $194 million that had been set aside in previous financial plans.
The Bronx borough president, Adolfo Carrión Jr., has been "too busy" for the past three weeks to discuss the stadium fund in an interview, said his spokesman, Michael Murphy.
Led by the chairman Erling Nicolaysen, a stadium fund was established, which grew to NOK 200.
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Landing a new team is the longest of longshots, especially without stadium funding in place.
The parent company debt is bigger still at £212m, although that is partly due to stadium funding.
Once a critic of public stadium funding, The Post now extols its partners' deal on the editorial page.
Regardless, sometime after the second world war, sports "franchises" started to prod local communities for stadium funds, refuse to commit long-term and then profit from selling the public/private stadium's name.
But in these economic times, when unemployment's on the rise and working families are struggling to get by, the injustice of this time-honoured approach to stadium funding is thrown into high relief.
As for a more permanent solution, it's now up to Cromartie and the Montreal Baseball Project to try to take advantage of the momentum, seek to form a would-be local ownership group, secure government stadium funding and begin the process of trying to lure the two teams with outstanding stadium issues, Tampa Bay and Oakland, over to Montreal.
Looking for new stadium funding, McCaskey threatened to move and got nowhere with Chicago Mayor Richard M. Daley.
The club had hoped to move into a community stadium funded by Cornwall Council, but local politicians voted against spending £10m on the project.
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