Another interpretation might be that the Herald is amongst the most prized (i.e. saleable) of McClatchy's assets. Although in this market, why anyone would invest in traditional media, is beyond me.

The Miami Herald "Once a respected publication"? Certainly not for the overwhelming majority of Cuban exiles during the last half century. Here's what their racist columnist Jack Kofoed was publishing in 1965
http://www.latinamericanstudies.org/exile/Kofoed-10-5-65.jpg
and
http://www.latinamericanstudies.org/exile/Kofoed-11-10-65.jpg
Kofoed's insults against Cuban exiles were continuous for more than a decade until his untimely death.
http://www.latinamericanstudies.org/exile/Kofoed-1-3-76.jpg
He was supplanted by others like the obnoxious Jim DeFede, who the Cuban dictatorship defended after he was fired for violating journalistic ethical standards. DeFede has not written for another newspaper ever since.
http://www.latinamericanstudies.org/exile/defede-mafia.htm
The Herald's anti-Cuban exile racism is entrenched in their editorial room with editors like Tom Fiedler
http://www.latinamericanstudies.org/fiedler.htm
The Herald has also employed self-loathing Cuban Americans like reporter Oscar Corral, who recently took an early retirement package after pleading guilty to soliciting teenage prostitution
http://www.latinamericanstudies.org/corral.htm
Columnist Ana Veciana Suarez continues working there after being a convicted perjurer and admitted liar
http://www.latinamericanstudies.org/exile/veciana-perjury.htm
Marifeli Perez-Stable, a member of the Miami Herald's Editorial Board of Contributors, continues collaborating with the paper after being accused by two Cuban intelligence defectors and U.S. counterintelligence officer Chris Simmons of having worked as a salaried spy of the Cuban dictatorship.
http://www.latinamericanstudies.org/espionage/marifeli.htm
The Miami Herald has stonewalled thoroughly investigating these serious allegations, especially when Perez-Stable has refused to address them.
In consequence, the Miami Herald has lost most of its credibility.

You are right, Dr. de la Cova, that it has been quite some time since the Herald could boast of being a respectable publication, and perhaps I was too generous in my post.

Excellent points. Also, lets not forget the ignorant comments by Carl Hiassen when he editorialized that Elian Gonzalez would live a better life in Cuba then in the US, or the constant one-sided liberal/left dribble from columnists like Leonard Pitts, Ana Menendez, and others. There was absolutely no attempt to balance out the opinions, just feeding the same biased, distorted information that fed their liberal/left views. Can someone please call Rupert Murdoch and plead with him? Florida will remain a key state in future elections and it would be great to get a balanced paper in such a liberal-dominated region like south Florida.

Are we passing the hat to buy it? I'm in for 20 bucks.

Hugo Chavez could possibly buy the Miami Herald and officially turn it into a branch of "Granma."

Slide, slide, slide .... slip, slip, slip .... thawp and kaboom!!!

Payback is the Pitts, ain't it??

They can always blame everything on the embargo.

Best news yet! Jorge Mas Canosa and the "Cuban-American Heavenly foundation" must be laughing up a storm.

Should we all "pray" for the New York Times?"