NFL | Penguins reject bid by Marino and others

The Associated Press reports the NHL's Pittsburgh Penguins have rejected a bid to buy the team that had been put together by a group that included former NFL QB Dan Marino and Dallas Mavericks owner Mark Cuban, the group's financier said. The group, headed by New York City financier Andrew Murstein, had increased its offer to more than $170 million Friday, July 21. The Tribune-Review and the Pittsburgh Post-Gazette, which cited sources close to negotiations for the team's sale, said the high bidder is Sam Fingold, a Hartford, Conn., real estate developer.

2006-07-22 12:56:43 | Source:

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