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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Altman who wrote (52264)	10/20/2008 11:23:34 AM
From: Ann Corrigan	Read Replies (1) \| Respond to of 224704

Negative reaction to BO in WH-Dolphins owner wants out: Wayne Huizenga wants to sell more of Dolphins to Stephen M. Ross this year By JOSE LAMBIET and CARLOS FRIAS Palm Beach Post Staff Writers Sunday, October 19, 2008 MIAMI GARDENS — By the end of the year, an NFL source said Sunday, Dolphins co-owner Wayne Huizenga would like to sell all but a small percentage of the team to real estate mogul Stephen M. Ross, who already owns the club and stadium 50-50 with Huizenga. But Ross might not have the funds available to make the deal, the source said. Huizenga wants to sell Ross another 45 percent of the team by Dec. 30, the source told The Palm Beach Post. Huizenga is believed to be motivated by his belief that Barack Obama will win the presidency and help implement tax policies that would take a bigger chunk of Huizenga's revenues from a sale. The NFL agreed Tuesday to let Huizenga sell up to 45 percent more of the team to Ross - but only to Ross, the source said. Because of the economic downturn, Ross - whose current share is worth more than $500 million - might not have the cash to buy almost all of Huizenga's stake, the source said. The Related Companies and The Related Group, owned by Ross, recently put two major construction projects on hold. palmbeachpost.com