Miami, FL - Miami Dolphins owner Stephen Ross has reportedly sold a 10% stake in the franchise and Hard Rock Stadium.
According to reports, Ross, who has been the Dolphins' majority owner since 2009, remains in control of the franchise and the stadium, with this sale representing a minority stake.
The transaction underscores the rising valuation of NFL franchises, as the Dolphins were recently valued at approximately $4.6 billion by Forbes, making it one of the most valuable sports teams globally.
Details regarding the identity of the buyer and the financial terms of the sale have not been disclosed.
However, sources suggest the move could be part of a broader strategy to attract additional investors and continue enhancing the stadium and team operations.
Hard Rock Stadium has undergone significant renovations under Ross's ownership, transforming it into a premier venue for NFL games, international soccer matches, and major events like the Super Bowl and Formula 1 Miami Grand Prix.
The sale aligns with a growing trend in professional sports, where team owners are diversifying ownership structures to leverage rising franchise valuations and meet the financial demands of modern sports management.
This development reaffirms the Miami Dolphins’ position as a leading NFL franchise and highlights the enduring appeal of the league to investors worldwide.
Fans and analysts alike will be closely watching how this change in ownership impacts the team's future operations and success.