{"id":789963,"date":"2026-03-03T21:53:12","date_gmt":"2026-03-03T21:53:12","guid":{"rendered":"https:\/\/www.rawchili.com\/nfl\/789963\/"},"modified":"2026-03-03T21:53:12","modified_gmt":"2026-03-03T21:53:12","slug":"stephen-ross-sells-1-percent-of-dolphins-at-record-valuation","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nfl\/789963\/","title":{"rendered":"Stephen Ross sells 1 percent of Dolphins at record valuation"},"content":{"rendered":"

Miami Dolphins owner Steve Ross has struck a deal to sell 1 percent of the team and surrounding assets at a record valuation.<\/p>\n

Ross has agreed to sell 1 percent of the Dolphins, Formula 1 Miami Grand Prix, Hard Rock Stadium and Miami Open tennis to billionaire Lin Bin based off of a valuation of $12.5 billion, according to a league source confirming an initial Sportico report<\/a>.<\/p>\n

That\u2019s a record valuation for a publicly known minority transaction in sports. Ross bought the Dolphins for $1 billion in 2009.<\/p>\n

Bin is the co-founder and vice chairman of Chinese consumer electronics company Xiaomi.<\/p>\n

The deal is subject to NFL approval.<\/p>\n

Ross, 85, who has said he intends to keep majority ownership of the franchise within the family, has sought minority sales for additional capital in recent years.<\/p>\n

In December 2024, Ross made a limited interest sale<\/a> of the team and related assets to Ares Management and Brooklyn Nets owners Joe Tsai and Oliver Weisberg. Ares acquired a 10 percent stake, while Tsai and Weisberg together bought a 3 percent interest.<\/p>\n

Last January, Ross told Bloomberg he has turned down an astonishing offer<\/a> of close to $15 billion for the team and assets.<\/p>\n

In the same fireside chat, he also affirmed he wants to keep the Dolphins within the family and pointed to son-in-law Daniel Sillman to run the franchise after him.<\/p>\n

Ross and Sillman, along with executive Brandon Shore and Hall of Fame quarterbacks Dan Marino and Troy Aikman, conducted a search this offseason to hire general manager Jon-Eric Sullivan. He in turn hired Jeff Hafley as the team\u2019s new coach, as the Dolphins usher in a new era at the top of the football side of the operation.<\/p>\n","protected":false},"excerpt":{"rendered":"Miami Dolphins owner Steve Ross has struck a deal to sell 1 percent of the team and surrounding…\n","protected":false},"author":2,"featured_media":789964,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[2049],"tags":[217,7,111312,216,251,2087,6,41692],"class_list":{"0":"post-789963","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-miami-dolphins","8":"tag-dolphins","9":"tag-football","10":"tag-lin-bin","11":"tag-miami","12":"tag-miami-dolphins","13":"tag-miamidolphins","14":"tag-nfl","15":"tag-stephen-ross"},"share_on_mastodon":{"url":"https:\/\/channels.im\/@nfl\/116167468864396685","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/789963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/comments?post=789963"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/posts\/789963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media\/789964"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/media?parent=789963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/categories?post=789963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nfl\/wp-json\/wp\/v2\/tags?post=789963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}