Incredibly foolish.  If Baseball has done one thing right it has been not letting a city that loses a franchise replace it in 5 years time.  They can suffer for 30 years like Washington.

Speaking of which, I once saw an episode of Jeopardy where the answer was something to do with what franchise moved to Minnesota and the answer was the Washington Senators.  Of course Loveland knew that was incorrect and screamed at Alex Trebeck, who did nothing.