Chiefs boss Peterson bids farewell after 20 years

KANSAS CITY, Mo. (AP) -- Carl Peterson gives a long farewell to the Kansas City Chiefs and says talk of his joining the Miami Dolphins is "pure speculation."

Peterson ran the Chiefs for 20 years as president, general manager and chief executive. He stepped aside last month as the team was ending a franchise-worst 2-14 season.

On Tuesday, Peterson spoke briefly with reporters after a 35-minute speech to friends and staff of the Chiefs.

Peterson has a long-standing relationship with Stephen M. Ross, who is buying the Dolphins. He was on the sidelines with Ross wearing a Dolphins lapel pin at a recent game.

But he said Tuesday that he won't deal in speculation about joining the Miami organization.