10|18|2007 07:42 pm EDT
A group of internet domain name investors led by Eric Rice apparently has banded together to make the winning bid to acquire the domain name Cowboys.com . The domain name was placed back up for auction in the Moniker.com silent auction after the representatives from the Dallas Cowboys football team reportedly backed out of their winning bid of $275,000 from the live domain auction held the week before.
The auction which ended today had a total of 6 bids and an ending price of $370,000, a final sale price well above the final bid price from the live auction.
Update:Â When Rice was asked in an email about the purchase he said his team has “been studying the thriving country and western market for over 6 months and are glad to finally have the domain needed to proceed in the category”.