The Miami Dolphins franchise has been sold to real estate billionaire Stephen Ross. Wayne Huizenga will retain 5 percent ownership while Ross paid $1 billion bucks for 95 percent and majority ownership.
This deal was intriguing because of the Bill Parcells factor. As president of football operations, Parcells signed a four-deal, but held a clause stating he could leave and still be paid if ownership changed during his tenure.
Parcells managed to changed the culture of the Dolphins locker room in one season. The team was 1-15 in 2007, but won the AFC East ,11-5, and made the playoffs for the first time in 7 seven years.
Ross is confident that Parcells is on board for at least another season, but knowing Parcells he won’t be there too long. The one thing Parcells hates more than a NFL owner is a new owner.
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