ORLANDO, Fla. -- The Miami Dolphins have had their share of spending misadventures since Bill Parcells took over football operations nearly 2 1/2 years ago.
We learned Monday morning they're trying to trade left guard Justin Smiley, the player they signed to a five-year, $25 million contract one minute into 2008 free agency. They've already unloaded notable free agents such as safeties Gibril Wilson and Chris Crocker, receiver Ernest Wilford and quarterback Josh McCown.
But when it comes to running football operations, Miami Dolphins owner Stephen Ross trusts Parcells implicitly.
So completely, in fact, that Ross said Monday he doesn't get involved in even the biggest decisions about his cash.
"I'm putting my money with Bill Parcells and our organization," Ross told a small gathering of reporters during a break in the NFL owners meetings. "Nobody bats 1.000. I just look at the bottom line and end results and where we are and what we're spending. The results are in the won-loss record."
"Bill tells me beforehand," Ross said. "We have salary caps -- this year we don't, but we still have to live in a financial world today -- and I say 'Hey, what counts is on the field.' That's what he's looking to do: deliver winners.
"I don't try to micromanage him. You can't look at every dollar you spend. One thing I found out: Sports is different than business. From a businessman, when it comes to what you do for paying players, you have to have a little different discipline than you'd otherwise have."
Ross can refrain from meddling because Forbes recently ranked the Manhattan real-estate developer the 277th wealthiest man on the planet with an estimated net worth of $3.4 billion.