New Dolphins' owner says Parcells will stay Print
Written by Admin   
Tuesday, 20 January 2009 14:25
NFL Headline News

 MIAMI (AP) -New Miami Dolphins majority owner Stephen Ross won't mess with success: He says Bill Parcells will remain in charge of the football operation.
Ross, a New York real estate billionaire, completed his purchase of 95 percent of the franchise for $1 billion Tuesday, with Wayne Huizenga retaining a 5 percent interest.
Ross then addressed speculation he and Parcells might not be hitting it off. The sale triggered a clause in Parcells' contract allowing him to leave and still receive the $9-12 million remaining on the four-year contract he signed a year ago.
ball mind in America.''
Thanks to Parcells, Ross takes over with the franchise's fortunes on the upswing. When the first phase of his purchase was completed last February, the Dolphins were coming off a 1-15 season, worst in team history. Under the new Parcells regime, they improved to 11-6 this season and made the playoffs for the first time since 2001.
Parcells broke his silence Tuesday on the subject of his status. Scouting players practicing for the Senior Bowl in Mobile, Ala., he spoke briefly with several reporters and was asked if he planned to remain as the Dolphins' vice president of football operations.
``What does it look like I'm doing?'' he said. ``What do your eyes tell you?''
When asked why he wouldn't commit outright to staying, Parcells said experience taught him never to rule anything out. He said if something happened to change his mind, he'd ``hate to be called a liar.''
But Parcells said he likes Ross and is not seeking a new contract.
``It's not about money,'' Parcells said. ``I've got more than I can spend.''
Ross said he's 100 percent certain Parcells will stay for another season.
e all your problems with money; you solve them with brains.''
General manager Jeff Ireland said the sale won't affect the way he, Parcells and coach Tony Sparano go about things.
``It doesn't really change what I do, it doesn't change what Tony does, it doesn't change what Bill does,'' Ireland said in Mobile. ``We've got to win games.''
In February 2008, Ross bought 50 percent of the franchise, Dolphin Stadium and surrounding land from Huizenga for $550 million, with an agreement to later become managing general partner.
Ross closed on the purchase of an additional 45 percent Tuesday. That part of the agreement received pre-approval from the NFL in October.
Huizenga, 71, became sole owner of the Dolphins in 1994. A year ago he said it was time for someone else to assume control.
Ross plans to meet Friday with Parcells, Ireland and Sparano, and said he foresees no changes on the football side. He said he found the atmosphere at the Dolphins' recent playoff game electrifying and wants to build on this season's success.
``That is the most important thing, and the thing that drives me - creating and being part of a winning organization,'' Ross said. ``There is nothing more important than that.''
s side are ongoing with Arlen Kantarian, former U.S. Tennis Association CEO. Ross said he's talking to potential minority partners, but none has agreed to invest yet.
Huizenga bought 15 percent of the Dolphins and 50 percent of the stadium from team founder Joe Robbie's family in 1990. Total cost of those purchases was $168 million.
The Dolphins never reached the Super Bowl under Huizenga's ownership.
``The sale represents a bittersweet moment for me, but the timing is right to complete it,'' he said in a statement. ``I know under Steve's leadership the Dolphins are in outstanding hands. We are still a 5 percent partner in the franchise and the stadium. The Huizenga family and organization will do everything we can to support Steve and the team for the benefit of all of South Florida.''
Ross, 68, made his billions as a lawyer and developer and is chairman of Related Companies, an international real estate development company. He has homes in New York and Palm Beach, and he ranked 78th in 2008 on Forbes' list of richest Americans with a net worth of $4.5 billion.
Ross attended Miami Beach High School and the University of Florida, then earned degrees from Michigan and Wayne State law school. He began his career in Detroit as a tax attorney, and the Michigan business school bears his name.
with the New York Islanders, Ross was part of a group in 1990 that tried to bring baseball to Miami before Huizenga became founding owner of the Florida Marlins. He also made an unsuccessful bid for the New York Jets in 1999.
``When I read the paper, the first section I go to is the sports section,'' Ross said. ``Since I wasn't going to make it as a player, it was a dream to become an owner.''
Last year Forbes Magazine valued the Dolphins at $1 billion, with a revenue stream of about $232 million.
 

NFL Team Pages

Top NFL Public Bets

#1 261 Detroit Lions 88%
#2 269 Atlanta Falcons 84%
#3 253 Green Bay Packers 74%
#4 258 Indianapolis Colts 72%
#5 102 Washington Redskins 67%
#6 271 New Orleans Saints 67%
#7 274 Kansas City Chiefs 67%
#8 264 Pittsburgh Steelers 66%
#9 260 Baltimore Ravens 63%
#10 479 Chicago Bears 61%
View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

NFL Futures

NFL TEAM CONFERENCE ODDS CURRENT
DENVER BRONCOS 8/5
SEATTLE SEAHAWKS 12/5
NEW ENGLAND PATRIOTS 4/1
SAN FRANCISCO 49ERS 11/2
GREEN BAY PACKERS 7/1
CINCINNATI BENGALS 7/1
PHILADELPHIA EAGLES 8/1
NEW ORLEANS SAINTS 9/1
SAN DIEGO CHARGERS 10/1
CAROLINA PANTHERS 12/1
View All

Privacy Policy | Terms of Service | Contact Us | Advertising | 888-99-SPREAD

THIS IS NOT A GAMBLING SITE – If you think you have a gambling problem click here.

Disclaimer: This site is for informational and entertainment purposes only. Individual users are responsible for the laws regarding accessing gambling information from their jurisdictions. Many countries around the world prohibit gambling, please check the laws in your location. Any use of this information that may violate any federal, state, local or international law is strictly prohibited.

Copyright: The information contained on TheSpread.com website is protected by international copyright and may not be reproduced, or redistributed in any way without expressed written consent.

About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 199 countries around the world each year. Our coverage includes all North American College and Professional Sports as well as entertainment, political and proposition wagering news.

©1999-2013 TheSpread.com