Blockbuster Video magnate Wayne Huizenga was awarded an NHL franchise for Miami on December 10, 1992, the same day The Walt Disney Company earned the rights to start a team in Anaheim that would become the Mighty Ducks. At the time, Huizenga owned both the newly founded Florida Marlins of Major League Baseball and a share of the National Football League (NFL)'s Miami Dolphins. The entry fee was $50 million. Huizenga announced the team would play at the Miami Arena, sharing the building with the National Basketball Association's Miami Heat, until a new arena was built. Offices for the team were only established in June 1993, while vice president of business operations Dean Jordan conceded that "none of the business people, myself included, knew anything about hockey."