Rooneys To Meet With Goodell

Dan Rooney
For some time, the Rooney brothers – Dan, Art Jr., Tim, John and Pat – have been finding a way of abiding by the NFL rules regarding the ownership of their racetrack-casinos, as well as the Pittsburgh Steelers; the aforementioned Rooneys have a meeting with NFL commissioner Roger Goodell next Thursday, according to Ed Bouchette of the Pittsburgh Post-Gazette, so they can iron out the ownership issues.

Current NFL rules do not allow team owners ownership of gambling interests; the Rooneys own a dog track in Florida and a horse track in New York. Both facilities have both added some type of casino gambling over the past several years; Dan Rooney and his son, team president Art Rooney II have been talking to other potential investors so the aforementioned Rooneys can become principle owners. Each of the 5 brothers own 16% of the club’s stock while the McGinley holds the remaining 20%.

Some of the brothers want to sell and have lined up a potential buyer in Stanley Druckenmiller, who is willing to buy a controlling interest but is not interested in minority ownership. Dan Rooney’s brother Art has divested himself from 90% of his racetrack stock and plans to do the same with the remainder; meanwhile, Tim and Pat have resigned from the Steelers board of directors. At the urging of Goodell, the brothers have retained former NFL commissioner Paul Tagliabue as a consultant. The upcoming meeting between the Rooney brothers and Goodell should have some form of resolution; stay tuned to NFL Gridiron Gab as the developments here unfold and for all other current, up-to-date NFL news.


Enjoyed this post?
Subscribe to NFL Gridiron Gab via RSS Feed or E-mail and receive daily news updates from us!

Submit to Digg  Stumble This Story  Share on Twitter  Post on Facebook  Post on MySpace  Add to del.icio.us  Bark It Up  Submit to Reddit  Fave on Technorati

Comments are closed.