Dolphins Owner To Announce Estefans' Stake In Team - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Dolphins Owner To Announce Estefans' Stake In Team

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MIAMI (AP) - Singer Gloria Estefan and her husband, producer Emilio Estefan, appear set to take on a new role with the Miami Dolphins.

In a press conference Thursday, Dolphins owner Stephen Ross is expected to announce that the Estefans are buying a small ownership stake in the NFL team. News of the deal was first reported Monday, but at the time, the team confirmed only that the Estefans and Ross will make a "major announcement" Thursday on behalf of the Dolphins.

Last month, Ross also began a partnership with Jimmy Buffett's Margaritaville enterprise, which includes Land Shark Lager. Buffett has yet to accept Ross' invitation to become a minority owner, but the Dolphins' stadium has been renamed Land Shark Stadium for this season.

Copyright 2009 The Associated Press.

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