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SBD/Issue 81/Franchises
Web Site Gauges Dolphins Fans' Interest In Owning Shares Of Club
Published January 16, 2008
Dolphins season-ticket holder Stan D’Alo has launched buythefins.com, a Web site “trying to gauge fan interest in purchasing stock in the team,” according to Sarah Talalay of the South Florida SUN-SENTINEL. D’Alo estimates that 10 million shares of the team could be made available at $120-130 each, and no single fan “would be allowed to own more than 2[%] of the total shares.” D’Alo: “We’re going to ask people 'if stock was offered in the team would you buy it?' Basically I want to organize people and see how much interest there is.” Talalay reported D’Alo launched the site after Dolphins Owner Wayne Huizenga engaged in talks last month to sell the team for at least $1B. Huizenga backed away from those efforts once he landed Bill Parcells as the team's Exec VP/Football Operations. The Packers are currently the only community-owned NFL team (SUN-SENTINEL.com, 1/15).







