Dolphins owner H. Wayne Huizenga said Sunday no date has been set for selling up to 45 percent more of the team to Stephen Ross, but the presidential election is among the issues weighing on his decision.
That's because a Barack Obama administration is expected to mean higher capital-gains taxes.
"He wants to double the capital gains tax, or almost double it," Huizenga said. "I'd rather give it to charity than to him."
Ross purchased 50 percent of the team and Dolphin Stadium for $550 million earlier this year with the intention he would eventually become majority owner. NFL owners approved the eventual transfer this month, meaning it can take place anytime.
"If you do it this year or you do it next year, the difference is humongous because of the taxes," Huizenga said.
I don’t know about you, but I’ve been staying up nights wondering what was going to happen to Brett Favre. So imagine my surprise when I found out last night that Favre is going to channel his inner Vinny Testaverde to take over the QB reins of the Jets at the advanced football age of 38.
Without a doubt, this move improves the Jets passing game for the simple fact that downfield throws have been reinstalled into the weekly game plan. Whether it makes the Jets good enough to compete with the Patriots … well, no, it does not. The Jets are clearly still second fiddle in the AFC East.
Meanwhile, Chad Pennington got dumped on the street like last week’s trash. Of course, the internal anatomy of his right shoulder is trash, so there is some merit to the analogy.
That said, Pennington sacrificed a ton for the Jets: he played hurt, he underwent multiple surgeries to get back on the field, and played the good soldier role even as he and Kellen Clemens alternated turns being trampled by the oncoming Patriots pass rush. That still doesn’t qualify him as the best quarterback for the Jets, but as the eloquent poet Rick James used to sing, Pennington being waived is just a little cold blooded.
It’s been said that the NFL means “Not For Long”, but in this case, I suppose it could mean something else: “No F**king Loyalty”.
But who cares about Pennington? If anything can be gleaned from this disaster it’s that Favre doesn’t care who he runs over on his way to posting double-digit interception numbers this season.
For God’s sake, Brett had the “itch” to play ball! (Just on his terms and no one else’s.)
From the SunSentinal via Drudge:
