Evergreen Park Native Wayne Huizenga, Who Built His Fortune From Trash, Dies At 80
(CBS/AP) — Billionaire businessman Wayne Huizenga, who turned a Chicago sanitation company into the world's largest trash hauler, created video rental empire, and owned three professional sports teams, has died at age 80.
A college dropout born in Evergreen Park, Huizenga owned Waste Management, Blockbuster Entertainment, and AutoNation; founded the Florida Marlins baseball team and the Florida Panthers hockey team; and bought the Miami Dolphins in 1994.
He died Thursday night at his home, according to longtime assistant Valerie Hinkell. He was 80 years old.
While his Marlins won the 1997 World Series, and his Panthers reached the Stanley Cup Final in 1996, Huizenga's beloved Dolphins never reached a Super Bowl while he owned the team.
"If I have one disappointment, the disappointment would be that we did not bring a championship home," Huizenga said shortly after he sold the Dolphins to New York real estate billionaire Stephen Ross, who still owns the team. "It's something we failed to do."
Huizenga earned an almost cult-like following among business investors who watched him build Blockbuster Entertainment into the leading video rental chain by snapping up competitors. He cracked Forbes' list of the 100 richest Americans, becoming chairman of Republic Services, one of the nation's top waste management companies, and AutoNation, the nation's largest automotive retailer.
"You just have to be in the right place at the right time," he said. "It can only happen in America."
For a time, Huizenga was also a favorite with South Florida sports fans, drawing cheers and autograph seekers in public. The crowd roared when he danced the hokey pokey on the field during an early Marlins game. He went on a spending spree to build a veteran team that won the World Series in only the franchise's fifth year.
But his popularity plummeted when he ordered the roster dismantled after that season. He was frustrated by poor attendance and his failure to swing a deal for a new ballpark built with taxpayer money.
Many South Florida fans never forgave him for breaking up the championship team. Huizenga drew boos when introduced at Dolphins quarterback Dan Marino's retirement celebration in 2000, and kept a lower public profile after that.
In 2009, Huizenga said he regretted ordering the Marlins' payroll purge.
"We lost $34 million the year we won the World Series, and I just said, 'You know what, I'm not going to do that,'" Huizenga recalled. "If I had it to do over again, I'd say, 'OK, we'll go one more year.'"
He sold the Marlins in 1999 to John Henry, and sold the Panthers in 2001, unhappy with rising NHL player salaries and the stock price for the team's public company.
Huizenga's first sports love was the Dolphins — he had been a season-ticket holder since their inaugural season in 1966. But he fared better in the NFL as a businessman than as a sports fan.
He turned a nifty profit by selling the Dolphins and their stadium for $1.1 billion, nearly seven times what he paid to become sole owner. But he knew the bottom line in the NFL is championships, and his Dolphins perennially came up short.
Huizenga earned a reputation as a hands-off owner and won raves from many loyal employees, even though he made six coaching changes. He eased Pro Football Hall of Famer Don Shula into retirement in early 1996, and Jimmy Johnson, Dave Wannstedt, interim coach Jim Bates, Nick Saban, Cam Cameron and Tony Sporano followed as coach.
In 2008, Huizenga's final season as owner, the Dolphins had a turnaround year and won the AFC East on the final day of the regular season.
"It was a magical feeling," Huizenga said. "I had tears in my eyes. I kept looking away so I wouldn't have to wipe my eyes in front of everybody."
Miami lost in the first round of the playoffs and didn't return to the postseason until 2016. But Huizenga won praise from such disparate personalities as Shula, Johnson and Marlins manager Jim Leyland even when they no longer worked for him.
Harry Wayne Huizenga was born in the southwest Chicago suburb of Evergreen Park on Dec. 29, 1937, to a family of garbage haulers. He attended Calvin College in Grand Rapids, Michigan, but dropped out and began his own garbage hauling business in Pompano Beach, Florida, in 1962. He would drive a garbage truck from 2 a.m. to noon each day, then shower and go out and solicit new customers in the afternoon.
One customer successfully sued Huizenga, saying that in an argument over a delinquent account, Huizenga injured him by grabbing his testicles — an allegation Huizenga always denied.
"I never did that. The guy was a deputy cop. It was his word against mine, a young kid," he told Fortune magazine in 1996.
He eventually bought out several competitors, expanding throughout South Florida. In 1968, he merged with the Chicago sanitation company his uncles owned, creating Waste Management Inc., which eventually became the world's largest trash company. That became his method of operation — becoming the first national player in industries that had been dominated by small and local operations. He resigned from the company in 1984, taking $100 million in stock.
But retirement bored him and he soon began buying dozens of small businesses like hotels and pest control companies. In 1987, a business partner persuaded him to check out Blockbuster, a small chain of video stores. At the time, video stores were mostly locally owned mom-and-pop operations. Huizenga didn't even own a VCR.
"I had an image of them being dark and dingy and dirty types of adult bookstores," he told The Miami Herald. "But when I finally saw a Blockbuster store, it opened my mind."
The stores were clean and carried 10,000 titles, 10 times more than the typical corner video store. He loved the concept and thought it could become the McDonalds of video. He and two partners bought 43 percent of the business for $19 million and he became chairman and president. By 1991, the chain had grown to over 1,800 stores, with one opening every 17 hours, on average.
"The whole deal was to move quickly before our competition saw what we were doing and moved in on us," he told the business magazine FSB in 2003.
In 1994, Viacom bought Blockbuster, then a publicly traded company, for about $8 billion.
In 1995, Huizenga got back into trash hauling by buying Republic Waste Industries Inc. for $27 million. Mergers and acquisitions soon followed. He renamed the company Republic Industries as it branched out, buying Alamo Rent-A-Car and National Car Rental.
Republic, under Huizenga's leadership, then started AutoNation, a national chain of car dealerships — again, an industry that had been dominated by local and regional ownership. At its peak, AutoNation had about 375 dealerships in 17 states.
Republic Services was spun off in 1998 to control the waste management portion of the portfolio, a sector that had grown to more than $1 billion in annual sales. He remained its chairman until 2002.
Huizenga became a large benefactor of Nova Southeastern University, a private South Florida school where the Dolphins train. Its business school is named after him — even though he never completed college.
In 1960 he married Joyce VanderWagon. Together they had two children, Wayne Jr. and Scott. They divorced in 1966. Wayne married his second wife, Marti Goldsby, in 1972. She died in 2017.
(© Copyright 2018 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)