Post by Lithfan on Jan 11, 2016 6:33:54 GMT -5
January 11, 2000
Robert Wood Johnson agreed to acquire the New York Jets franchise from the estate of Leon Hess. It was originally thought that Charles Dolan of Cablevision was expected to acquire the Jets, but Woody outbid Dolan.
Woody increased his bid from the team from just under $600 million to $635 million in order to outbid Dolan who is believed to have bid $625MM for the team.
"I do intend to have preliminary conversations with both Jets president Steve Gutman and Bill Parcells at the earliest possible moment," Johnson said in a statement. "We hope that we can be successful in fulfilling Mr. Hess' dream of developing the New York Jets into a championship team.”
"In that regard, we want to emphasize that we are totally dedicated to bringing a winning and championship team to this area. We understand and appreciate the difficulties inherent in that goal, but we look forward to working with Steve Gutman and Bill Parcells in developing a first-class organization, which is a cornerstone in developing a winning franchise."
"The late Leon Hess was the proud owner of the Jets since 1963," the Hess trustees said in a statement. "He had a special love for the team and its many loyal fans. The Hess family will remain strong supporters of the Jets and wish Mr. Johnson, Bill Parcells and the entire Jets organization and players every success in the future."
First order of business for the new owner would be to oversee a Head Coaching search. Days earlier, Bill Belidick resigned his position as HC of the NYJ, citing concerns over the lack of stable ownership.
Source: Newsday
Robert Wood Johnson agreed to acquire the New York Jets franchise from the estate of Leon Hess. It was originally thought that Charles Dolan of Cablevision was expected to acquire the Jets, but Woody outbid Dolan.
Woody increased his bid from the team from just under $600 million to $635 million in order to outbid Dolan who is believed to have bid $625MM for the team.
"I do intend to have preliminary conversations with both Jets president Steve Gutman and Bill Parcells at the earliest possible moment," Johnson said in a statement. "We hope that we can be successful in fulfilling Mr. Hess' dream of developing the New York Jets into a championship team.”
"In that regard, we want to emphasize that we are totally dedicated to bringing a winning and championship team to this area. We understand and appreciate the difficulties inherent in that goal, but we look forward to working with Steve Gutman and Bill Parcells in developing a first-class organization, which is a cornerstone in developing a winning franchise."
"The late Leon Hess was the proud owner of the Jets since 1963," the Hess trustees said in a statement. "He had a special love for the team and its many loyal fans. The Hess family will remain strong supporters of the Jets and wish Mr. Johnson, Bill Parcells and the entire Jets organization and players every success in the future."
First order of business for the new owner would be to oversee a Head Coaching search. Days earlier, Bill Belidick resigned his position as HC of the NYJ, citing concerns over the lack of stable ownership.
Source: Newsday
