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. Last Updated: 07/27/2016

Dolphins for Sale

Wayne Huizenga, head of Blockbuster Entertainment Corp, said he has reached agreement to buy the Miami Dolphins professional football team to add to his string of pro teams, pending league approval.

Huizenga refused to disclose the purchase price of the team. Huizenga said he would ask the National Football League for an exception to league rules barring cross-ownership of other pro sports franchises.

Huizenga also owns the Florida Marlins baseball team and the Florida Panthers hockey team, both expansion teams that began playing during the past season. The proposed deal with the Robbie family, which owns a majority of the Dolphins, gives Huizenga the option to buy the remaining half of Joe Robbie Stadium, where the team plays.