Facebook Twitter RSS Email

Huizenga may be selling to avoid estate tax

Miami Dolphins
12/18/2007 8:15 AM
The Palm Beach Post reports the beleaguered Miami Dolphins' first victory Sunday had no long-lasting effect on owner Wayne Huizenga. Huizenga was undecided about selling the team last week, and although beating the Baltimore Ravens in overtime brought him to tears of joy, he now intends on going forward with the sale, a source close to the billionaire said Monday. To whom, however, remains to be seen. After word of a $900 million offer by Manhattan real-estate mogul Stephen Ross leaked Friday, several other suitors have contacted Huizenga. No names have been disclosed, but all are billionaires, according to the source. Read more