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SOMETHING'S COOKING IN DC? NFL MIGHT WANT COOKE TO OWN SKINS

          The NFL wants John Kent Cooke to own the Redskins, a
     league official said Sunday, but a rep for the trustees of
     the Jack Kent Cooke estate said that they will "stand" by
     their agreement to sell the team to the group headed by
     Isles co-Owner Howard Milstein and MD business exec Daniel
     Snyder, according to George Solomon of the WASHINGTON POST. 
     Cooke's final bid of about $680M was not only less than the
     Milstein/Snyder group bid of $800M, but also less than that
     of AZ business exec Sam Grossman, who offered $720M.  The
     NFL believes the trustees "should be flexible" in allowing
     Cooke to increase his bid if he wants to.  NFL Senior
     VP/Communications & Government Affairs Joe Browne: "The
     current (Cooke) ownership has a proven track record.  The
     continuity of this ownership would be a plus for the league,
     if it can be accomplished to the satisfaction of the
     trustees."  However, a rep of the trustees said they had a
     "binding contract" with the Milstein group "that precludes
     our submitting any other proposals to the [NFL]."  The NFL's
     Finance Committee wants the trustees "to consider submitting
     a proposal from Cooke" and has asked them "to explain at a
     meeting in Miami later this month under what circumstances
     they could submit a bid" from Cooke and "why they chose the
     Milstein group over [him]" (WASHINGTON POST, 1/18).
          SHOW ME THE MONEY: In DC, Tony Kornheiser questions
     where Cooke can "come up with" an additional $120M. 
     Kornheiser: "This thing could end up strung out in court for
     years.  It seemed like the Milsteins bought the Redskins
     fair and square" (WASHINGTON POST, 1/19).

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Franchises, NFL, Washington Redskins

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