OWNERS IN THE NEWS
Published October 10, 1995
Miami Heat Owner MICKY ARISON is profiled in U.S. NEWS & WORLD REPORT for his Carnival Corp., the parent company for Carnival Cruise Line. Carnival Corp just had its 15th straight quarter of record profits (Jill Sieder, U.S. NEWS & WORLD REPORT, 10/16 issue)....Attorneys are in the process of trying to "work out an agreement" between the IRS and Rockies Owner JERRY MCMORRIS. The IRS says McMorris didn't pay $25.47M in estate taxes when he took control of his family's trucking business following the death of his father. McMorris claims to have paid $10M in taxes and says he owes no more because the IRS erred by inflating the value of the stock his father held at the time of his death (Adriel Bettelheim, DENVER POST, 10/6)....Representatives of the three-man trust controlling the estate of late Bucs Owner HUGH CULVERHOUSE are in Washington to appeal a claim by the IRS that Culverhouse owes $4.5M in income taxes dating from '89-91 (Michael Sznajderman, TAMPA TRIBUNE, 10/6)....A report in the WASHINGTON POST notes Redskins Owner JACK KENT COOKE cancelled a neighbor's season tickets (held since 1945) due to an ongoing property dispute (WASHINGTON POST, 10/10).