Saturday, December 15, 2007
Updated: December 16, 11:47 AM ET
Dolphins owner issues statement on prospect of selling team
ESPN.com news services
MIAMI -- Miami Dolphins owner Wayne Huizenga said he's "not
actively looking to sell" the team despite frustration over a
winless season, but he confirms he has talked with potential buyers since April.
Huizenga issued a statement Saturday in response to reports he
is discussing the sale of his franchise and Dolphin Stadium to two
real estate developers.
"Over the years I have fielded a number of inquiries from
individuals interested in investing in the team," said Huizenga,
who become sole owner of the Dolphins in 1994. "Most recently, we
have had conversations dating back to April, with several similarly
"My viewpoint, however, has always been the same. I am not
actively looking to sell the Miami Dolphins, but I know there will
always be individuals who are interested in becoming involved in
some capacity in the team's ownership."
While it has been reported Huizenga recently discussed a potential deal with Miami
developer Jorge Perez and business partner Stephen Ross, a New York builder, sources tell ESPN's Hank Goldberg that Ross' partner in the talks is actually Dell computer CEO Michael Dell.
If he were to sell, Huizenga reportedly wants $1.1 billion to $1.2 billion for the team, which Forbes magazine has valued at $942 million.
The Dolphins are 0-13 and in danger of having the NFL's first 0-16
season. Their six-year playoff drought is the longest in franchise
history, and they haven't reached the AFC championship game since
Huizenga became sole owner.
"Like every other fan, I am disappointed in the way the season
has unfolded," Huizenga said. "But I am confident we will turn
Miami regressed this season under coach Cam Cameron, hired after
Huizenga led a two-week coaching search in January.
Perez is chairman and CEO of The Related Group, one of the
biggest condominium builders in the country. Ross was part of a
group interested in bringing baseball to Miami before Huizenga
became founding owner of the Florida Marlins.
The sale price of the Dolphins has been estimated at about $1
billion. Huizenga, who turns 70 on Dec. 29, bought the Dolphins
from the heirs of team founder Joe Robbie for $138 million.
Miami plays at home Sunday against the Baltimore Ravens.
Hank Goldberg covers the NFL for ESPN. Information from The Associated Press was used in this report.