Saturday, February 23, 2008
So, when H Wayne said he was going to 'keep control of the team' as a part of hiring the Tuna, what he meant was that he was going to be the managing partner.
H announced yesterday his intent to sell 50% of Dolphins Enterprises, which includes the stadium and the team. The deal must be approved by the other owners, and there is some question about whether they will accept a 50-50 split.
What I find amusing is that H did it "for estate planning reasons" because he is 70. His new partner is Stephen M Ross, who is 67. I guess 3 years really does make a difference?