Report: Huizenga will sell Dolphins to Ross this year
3 replies
TotoreMexicoForum VeteranOPFrom PFT
Dolphins managing partner Wayne Huizenga will finalize his sale of the team to co-owner Stephen Ross by the end of the year, Chris Mortensen of ESPN reports.
Huizenga sold part of the team to Ross early this year, and they’ve agreed that Ross will buy out Huizenga in the future. NFL owners voted unanimously on Tuesday to allow Huizenga to sell Ross up to 45 percent of the Dolphins at any date the two agree on.
ProFootballTalk.com - REPORT: HUIZENGA WILL SELL DOLPHINS TO ROSS THIS YEAR
BigDogsHuntNew MemberTo me, its just the % they already agreed on, a portion only. That's the way I read it.
Huizenga sold part of the team to Ross early this year, and they’ve agreed that Ross will buy out Huizenga in the future. NFL owners voted unanimously on Tuesday to allow Huizenga to sell Ross up to 45 percent of the Dolphins at any date the two agree on.
Per Mortensen, that date will be December 30. The reason? Huizenga wants to set the date of the sale before the end of 2008 because he believes Barack Obama will be elected president and will implement tax policies that are less favorable to billionaires who sell their businesses.
I also think its interesting the Ross will sell off some of his newly acquired % but do it in a way to stay Majority, once he gets the full % from WH.
BDH -
"To me, there are three things we all should do every day of our lives. Number one is laugh. You should laugh every day. Number two is think. You should spend some time in thought. And Number three is, you should have your emotions moved to tears, could be happiness or joy.
"If you laugh, you think, and you cry, that's a full day. That's a heck of a day. You do that seven days a week, you're going to have something special."
Jimmy V. (Mar '93)
OnehondoSupporterIf Wayne ever sells out to Ross I wonder what Parcells would do? Didn't Parcells take the job conditional of Wayne keeping ownership of the team?
gunn34New Member"Onehondo wrote:
If Wayne ever sells out to Ross I wonder what Parcells would do? Didn't Parcells take the job conditional of Wayne keeping ownership of the team?
The only place I have heard that is here on this board/site.