Praise the Lord and pass the ammunition!
From www.thepittsburghchannel.com
PITTSBURGH -- Ownership of the Pittsburgh Steelers is remaining within the Rooney family.
According to WTAE's news exchange partners at the Pittsburgh Tribune-Review, four sons of Steelers founder Art Rooney Sr. have agreed to sell their stake in the team to brother and current chairman Dan Rooney, and his son, Art Rooney II.
The deal could pay the four Rooney brothers who are selling their shares as much as $750 million.
They hope to complete the deal before a meeting in December.
Each of the five Rooney brothers holds a 16 percent interest in the team.
Their relatives, the McGinleys, control the remaining 20 percent.
The team has an estimated worth of $800 million to $1.2 billion.
The Steelers have not released an official statement.
Heres hoping nothing changes from now till December!
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