Handful of Owners Resisting Parameters of New Deal

[sportscurmudgeon]

Originally Posted by skinsfan69

Kinda off topic but I wonder why Cooke was so hard pressed for a new staduim? He knew he wasn't going to be around for many more years and he knew he wasn't leaving the team to his son John.

He wanted a big new stadium with his name on it because Joe Robbie - - then the owner in Miami - - had one.

He fully intended to leave the team to his son. However, he wrote his will in such an arcane way with the intention of avoiding as much estate tax as possible that it became impossible for John Kent Cooke to come up with the cash needed to buy the team from the estate and the trust that Jack Kent Cooke set up. In essence, Jack Kent Cooke was "too smart by half" when it came to his will...