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Vote of confidence Houston owner lauds Shula, Cosby in bid for BrownsPosted: Thursday July 23, 1998 12:42 PM
HOUSTON (AP) -- Former NFL coach Don Shula and two others interested in purchasing the expansion Cleveland Browns met in Houston last weekend with Bud Adams, owner of the Tennessee Oilers and a member of the NFL's powerful finance committee. Adams told Houston television station KRIV on Wednesday that Shula was accompanied by brothers Larry and Charles Dolan, who head a group that also includes entertainer Bill Cosby. He characterized the two-hour session as an introductory meeting. Cleveland's new Browns are to take the field in 1999 and the ownership issue is expected to be settled by September. The NFL is expected to set a price for the team through a bidding process and most estimates have put the price between $300 million and $350 million. "To have Don Shula and Bill Cosby in the group shows how serious and strong the Dolans are," said Adams, who still lives in Houston although he moved the Oilers to Nashville last year. Adams called Shula "a winner in everything he does" and Cosby "someone everyone can relate to. To have him in the group is a plus-plus." Shula grew up near Cleveland and played for the Browns in the 1950s. He has said he would step down as vice chairman of Miami Dolphins board of directors if the Dolans' bid for the Browns is successful and take over as Browns' executive vice president with responsibility for hiring the new team's front office and coach. Adams told the television station that New York Yankees owner George Steinbrenner had called him on behalf of the Dolans to set up the meeting.
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