MIAMI (WSVN) -- Federal authorities are investigating a multimillion-dollar deal that brought the new Miami Marlins ballpark to life.
The Miami Herald is reporting that the U.S. Securities and Exchange Commission is investigating whether any part of the $634 million deal involving the new Marlins stadium violated federal securities laws.
According to the report, the SEC subpoenaed the Marlins organization, Miami-Dade County and the City of Miami and demanded details about the deal, 80 percent of which was financed by city and county taxpayers.