Dolphins Owner Stephen Ross in Talks to Sell 15% Stake at $7B Valuation
Ross is negotiating with private equity firms to sell a minority stake in the team, Hard Rock Stadium, and F1 Miami.
- Stephen Ross is considering selling up to 15% of the Miami Dolphins, valuing the franchise at over $7 billion.
- The potential sale also includes partial ownership stakes in Hard Rock Stadium and the Miami Grand Prix.
- Ross is in discussions with private equity firms, including Arctos Partners, to facilitate the sale.
- The NFL recently approved a rule change allowing private equity firms to own up to a 10% stake in franchises.
- The sale could be approved at the NFL's annual owners meeting in Dallas this December.