SBJ/December 20 - 26, 1999/No Topic Name

Grossman gone from Jets mix

The number of people bidding on the New York Jets dropped last week when Arizona real estate executive Sam Grossman bowed out of the sale.

Grossman's exit leaves pharmaceutical heir Robert Wood Johnson and Cablevision Systems Corp. chief Charles Dolan as the two front-runners.

Grossman, who unsuccessfully bid on the Washington Redskins earlier this year, was seen by insiders as having the weakest financing for the team, which will likely be sold for around $600 million.

The NFL's finance committee met last Tuesday to discuss the sale with Jets officials but made no decisions.

The committee, chaired by New England Patriots owner Robert Kraft, is expected to make a recommendation to the NFL's full ownership group within a month. The owners may approve the sale when they meet in Atlanta for the Super Bowl.

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