The Facts:
Following up on a previous item, New York real estate developer Stephen Ross agreed to buy half the Miami Dolphins from owner Wayne Huizenga for $550 million, with an opportunity to become managing general partner. Ross would acquire 50 percent of the franchise, Dolphin Stadium and surrounding developable land, the team said Friday. The NFL must approve the sale.
Reported by the Associated Press
Fantasy Football Diehards Line:
Huizenga, the sole owner since 1994, would remain managing general partner for now. He turned 70 in December, and his team is coming off a 1-15 season, the worst in franchise history. Huizenga said he and Ross will be involved 50-50 in decisions. Negotiations began last April and became public in December. Speculation about a deal faded when Huizenga hired Bill Parcells as executive vice president of football operations and pledged to remain majority owner. Parcells hasn't commented on the matter.
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