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MARVIN DAVIS BOWS OUT; WILL NFL NOW MOVE ON HIS LAND OPTION?

          CA billionaire Marvin Davis withdrew his bid Tuesday
     for an NFL expansion team at Hollywood Park and "blamed the
     NFL for insisting that he dispose of his casino interests to
     win league approval," according to Steve Dilbeck of the L.A.
     DAILY NEWS.  With Davis dropping out, Dilbeck writes that
     the NFL "apparently is near the end of the final quarter in
     the Los Angeles area" (L.A. DAILY NEWS, 9/29).  Also in
     L.A., T.J. Simers reports that insiders said that Davis felt
     the NFL deal "would ultimately be too expensive."  The NFL
     could now bid to assume Davis' option on 100 acres of land
     at Hollywood Park, which would be the site for a new
     stadium.  If the NFL "does assume the option, look for
     Michael Ovitz and Ron Burkle" to become interested in the
     site location.  Ovitz: "I am interested in any venue that
     the league says interests the owners."  Simers adds that
     Hollywood Park has an agreement to sell the land in question
     to housing developers for more than $50 million, after
     Davis' option expires, and is not keen on entering a new
     option arrangement with the league" (L.A. TIMES, 9/29). 
          MR. JONES SAYS IT'LL BE ALRIGHT: Cowboys Owner Jerry
     Jones said again that he doesn't expect a final expansion
     decision to come down during the NFL owners meetings in
     Atlanta next week: "I know that at least a handful of owners
     feel like we need to make sure that when the decision comes
     down that we take care of both cities.  The best chance to
     resolve LA-Houston would be to leave it open at least
     through the fall.  My thinking is that is what's going to
     happen."  More Jones: "In my mind, the NFL should not do
     anything until we've got a plan that says, 'OK, if we go to
     Houston, then this is how we go to LA'" (AP/Ft. Lauderdale
     SUN-SENTINEL, 9/29).  FSN's Keith Olbermann noted Jones'
     desire to award an expansion franchise to Houston, "with the
     league simultaneously asserting the right to decide which of
     the other 31 extant franchises should be moved into vacant
     L.A."  Olbermann: "That the courts have previously suggested
     the second part of that might not be legal, was not
     addressed by Mr. Jones" ("Primetime," FSN, 9/28).

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