1990 1997 2003 Florida Marlins Team Formation On March 7, 1990, Wayne Huizenga, CEO of Blockbuster Entertainment Corporation, announced he had purchased 15 percent of the NFL’s Miami Dolphins and 50 percent of the Dolphins’ home, Joe Robbie Stadium, for an estimated $30 million. Huizenga stated his intention to aggressively pursue an expansion franchise. MLB had announced a few months …