Shortly after the news broke that Disney was canceling its plans to invest more jobs and money into Florida, DeSantis press secretary Jeremy Redfern shared a statement about the situation. According to Redfern, the state was “unsure” that the planned facility in Lake Nona would ever happen. He also suggested that Disney was in “financial straits” and that this move was “unsurprising.”

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“Disney announced the possibility of a Lake Nona campus nearly two years ago,” said Redfern in the statement. “Nothing ever came of the project, and the state was unsure whether it would come to fruition. Given the company’s financial straits, falling market cap, and declining stock price, it is unsurprising that they would restructure their business operations and cancel unsuccessful ventures.”

While DeSantis and his office may be playing this one cool at the moment, it’s unlikely they are happy to see billions of dollars in future taxes and revenue, as well as thousands of jobs, vanish into the ether as Disney begins to reevaluate how much business it wants to conduct in Florida going forward.