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Fergie to Buy into Dolphins
Sports Business Daily writes: NFL owners approved Fergie, the lead singer of the Black Eyed Peas, as a minority investor of the Dolphins.
However, the Dolphins still must ink a deal with the singer. The approval allows her to become an investor as soon as she signs a deal. Owner, New York real estate mogul Stephen Ross said he has had discussions with the singer, but because she is currently touring Australia has been unable to sign a deal yet with her.
Ross also said presuming he reaches a deal with Fergie, she will be the last of the team’s so-called celebrity investors.
He has already inked deals with Venus and Serena Williams, Marc Anthony, and Gloria and Emilio Estefan. They are believed to own very small slices of the team, but have lent their names to the club and appear at games sometimes.
Daniel Kaplan is finance editor for Sports Business Journal.
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