Huizenga eager to get Dolphins sale done
Wonder what Parcells will do in this case? Wasn't there something in his contract that allowed him to walk no strings attached if Huizenga wasn't the guy he needed to report to anymore? 
Huizenga eager to get Dolphins sale done
Before the presidential election, Dolphins owner H. Wayne Huizenga said he might rush the sale of an additional 45 percent of the team to co-owner Stephen Ross to avoid increased capital gains taxes that might come in a Barack Obama presidency.
Work is being done to complete the sale soon, sources said, perhaps today.
Ross, who paid $550 million last year for 50 percent of the Dolphins, Dolphin Stadium and the surrounding land, is said to be struggling to complete the financing for the purchase. A real estate developer, who according to the Wall Street Journal is among a group of developers seeking government aid in the rocky economy, Ross has been trying to find investors to buy a piece of the team.
But Huizenga, who has vowed to maintain 5 percent of the team, is so eager to complete the deal that he is expected to hold a note on the transaction and allow Ross to owe him part of the balance, according to sources.
Before the presidential election, Dolphins owner H. Wayne Huizenga said he might rush the sale of an additional 45 percent of the team to co-owner Stephen Ross to avoid increased capital gains taxes that might come in a Barack Obama presidency.
Work is being done to complete the sale soon, sources said, perhaps today.
Ross, who paid $550 million last year for 50 percent of the Dolphins, Dolphin Stadium and the surrounding land, is said to be struggling to complete the financing for the purchase. A real estate developer, who according to the Wall Street Journal is among a group of developers seeking government aid in the rocky economy, Ross has been trying to find investors to buy a piece of the team.
But Huizenga, who has vowed to maintain 5 percent of the team, is so eager to complete the deal that he is expected to hold a note on the transaction and allow Ross to owe him part of the balance, according to sources.