NO MORE TEARS: JOHNSON & JOHNSON HEIR FAVORITE TO LAND JETS?

          The sale of the Jets "is entering the home stretch," as
     Johnson & Johnson heir Robert Wood Johnson Jr. is "moving
     into serious contention" to buy the team from the estate of
     late Owner Leon Hess, according to Leonard Shapiro of the
     WASHINGTON POST.  Sources say that Johnson is "apparently
     leading the pack," followed by Cablevision Chair Charles
     Dolan and AZ real estate developer Sam Grossman.  But of the
     three, Johnson "may have the easiest time passing muster
     with NFL owners," as league sources say that Dolan and
     Grossman "each have issues that may not appeal to other
     owners and the league office."  One team owner said that a
     Johnson bid for the team "would essentially be airtight if
     he is willing to go to about" $600M (WASH. POST, 11/24).