Dolphins | NFL approves purchase of team Mon, 31 Mar 2008 10:36:02 -0700 Tim Graham, of The Palm Beach Post, reports NFL owners approved the sale of half of the Miami Dolphins franchise to billionaire developer Stephen M. Ross Monday, March 31. The deal with Dolphins owner Wayne Huizenga includes 50 percent of the franchise, Dolphin Stadium and the surrounding land. http://www.kffl.com/hotw/nfl
NFL owners unanimously approve 50 percent sale of Dolphins PALM BEACH, Fla. -- NFL owners unanimously approved Wayne Huizenga's sale of 50 percent of the Miami Dolphins to Stephen Ross on Monday at the league meetings. Huizenga will remain as managing partner of the club for the near future, setting no timetable for when Ross will take command. Ross is spending about $550 million for his share of the team http://www.nfl.com/news/story?id=09000d5d8078021f&template=with-video&confirm=true
I dont understand why other owners have to vote? Its his team, why can't he make that decision on his own?
If I were to guess, it's because what Wayne does with the team can financially impact the rest of the league. The NFL is the corporation, the teams are franchises awarded to individuals/cities.
Im suprised no team voted against the sale.. I Figured the AFC East would want Wayne to keep being the owner. The team has done so well during his tenure.
Yeah. If I were to retire and become a dog raising chicken farmer, I wouldn't be able to talk about my ****s and *****es any... Anyway, the NFL is basically an ultra exclusive billionaires hobby club in which you can be invited to participate, maybe, by an owner, but have to be approved by the rest to make sure you don't set off cherry bombs in bathrooms. Now, if they could find a manner by which they can make sure that a crazy loon ** cough** cough ** Davis ** cough** doesn't keep the club and run it to ground before it is pried from his cold fingers, that might make as much sense as voting about allowing someone whose expertise is making money to suddenly become a football franchise owner. I wish we could have enough wealth to get a consortium up to attempt to take over the Dolphins, but it would take a whole lot more than the $1.27 I have in my pocket right now.
Well, when it's all said and done, this will be an brand new organization from ground up. The real question is it for better or worse? It has the feeling of being for the better, but it has before and ended poorly, so only time will tell.
