Sources: VF Selling Sports Group To Fanatics Angels P Talks Committing Future Earnings To Fantex MJ's Son Partners With Tech Startup WaitTime Nike Posts Solid Q3 Amid Adidas Resurgence GoPro To Cut 270 Full-Time Jobs Dodgers Owner Leads $100M DraftKings Investment Adidas' CCM Hockey Brand Up For Sale Again Dick's Ed Stack Outlines Plan To Grow Market Share SMI's Total Revenue For FY '16 Up 3% Churchill Downs Inc. Net Income Of $108.1M In '16
HUIZENGA AGREES THAT IT'S ELWAY OR THE HIGHWAY FOR AUTO DEAL
Published October 29, 1997
Republic Industries Chair Wayne Huizenga has agreed to pay $82.5M for John Elway's six Denver-area car dealerships, according to Richard Williamson of the ROCKY MOUNTAIN NEWS. Elway "received Republic stock and agreed to work for the world's largest auto retailer for five years." Elway's partner, Rod Buscher, "declined Republic's offer to remain as president of the chain." Republic spokesperson Jim Donahue "declined comment on whether Elway's name would be added to any other dealerships" (ROCKY MTN NEWS, 10/29).