Quote:
Originally Posted by scowan
I never did understand why John Cooke did not inherit the team from his Dad? Estate taxes? Did his dad not love him? What happened!
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The team was left to the Jack Kent Cooke foundation with instructions to sell the team. Most of JKC's estate was left to the foundation, but I don't know what the percentage was. I do know his wife was taken out of the will. My guess is that he thought John had enough money and the estate would do more good in the foundation's hands. I was truly glad the foundation didn't have the option to hold ownership and appoint a "CEO". A multi head dragon like that, just interested in milking the franchise for money, would have been a hard pill to swallow.