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Old 01-20-2009, 03:09 PM    (permalink
Splat
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Default Ross becomes Miami Dolphins' majority owner

Ross becomes Miami Dolphins' majority owner

MIAMI (AP)ŚNew York real estate billionaire Stephen Ross became majority owner of the Miami Dolphins on Tuesday, completing his purchase of 95 percent of the franchise for $1 billion, with Wayne Huizenga retaining a 5 percent interest.

The two businessmen reached an agreement to complete a deal forged last February. At that time Ross bought 50 percent of the franchise, Dolphin Stadium and surrounding land from Huizenga for $550 million, with an agreement that Ross would later become managing general partner.

Ross closed on the purchase of an additional 45 percent Tuesday. That part of the agreement received pre-approval from the NFL in October.

Huizenga, 71, became sole owner of the Dolphins in 1994. A year ago he said it was time for another person to assume control.
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Old 01-20-2009, 03:34 PM    (permalink
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Possible to see Parcells withdraw from current contract and take over KC?
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Old 01-20-2009, 03:35 PM    (permalink
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Possible to see Parcells withdraw from current contract and take over KC?
That is the rumor (PFT) I think it's BS just talking heads talking.
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Old 01-20-2009, 03:46 PM    (permalink
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Possible to see Parcells withdraw from current contract and take over KC?
Pioli is his son-in-law. I'd LOVE it if Parcells was named new HC, but it isn't going to happen.
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Old 01-20-2009, 03:56 PM    (permalink
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This really can't be a shock to the Tuna so if the Tuna didn't want to stay on under a new owner he would've dipped out already.
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Old 01-20-2009, 04:10 PM    (permalink
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Pioli is his son-in-law.
I know that is why the rumor is out there.
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Old 01-20-2009, 05:45 PM    (permalink
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This really can't be a shock to the Tuna so if the Tuna didn't want to stay on under a new owner he would've dipped out already.
If it wasn't gonna be a shock to him he wouldn't have set up a clause in his contract that would free him of it should anyone besides Huizenga be the owner. Not saying he's gonna opt out, or that he should, but i'm not sure he absolutely knew it was happening this soon.
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Old 01-20-2009, 06:08 PM    (permalink
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Parcells already said he is coming back.
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Old 01-20-2009, 06:15 PM    (permalink
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Parcells will stay for atleast one more season
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Old 01-20-2009, 06:53 PM    (permalink
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If it wasn't gonna be a shock to him he wouldn't have set up a clause in his contract that would free him of it should anyone besides Huizenga be the owner. Not saying he's gonna opt out, or that he should, but i'm not sure he absolutely knew it was happening this soon.
This was already set up last year when Ross got a small percentage of it and was going to take over eventually. It was already set last year when Parcells took his job.
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Old 01-20-2009, 07:32 PM    (permalink
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Parcells already said he is coming back.
that doesn't mean much...at all.

but i do suspect he stays. even if he opts out, i would guess he'd only do so to squeeze more money out of his deal.
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Old 01-20-2009, 07:35 PM    (permalink
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New Dolphins' owner says Parcells will stay
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