Stephen Ross Rejects $10 Billion Offer for Dolphins and Associated Assets

Miami Dolphins owner Stephen Ross turns down a record-setting offer to maintain family control of the NFL team, stadium, and F1 race.

Stephen Ross declined a $10 billion offer for the Miami Dolphins, Hard Rock Stadium, and the Formula 1 Miami Grand Prix, aiming to keep the assets within his family.
The offer would have set a new record for the sale of a sports franchise in the U.S., surpassing previous sales of the Denver Broncos and Washington Commanders.
Ross has invested significantly in the Dolphins and stadium, including renovations and the addition of a new training facility.
Forbes values the Dolphins at $5.7 billion, placing them 11th in NFL team valuations.
Ross's refusal to sell reflects a desire to leave the team to his daughter, Jennifer, altering previous succession plans involving a business partner.