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Stephen Ross Rejects Nearly $15 Billion Offers for Dolphins, Taps Son-in-Law as Successor

The disclosure underscores surging NFL values, with a 2024 minority sale pegging his holdings near $8.1 billion.

Overview

  • Ross said he will keep the franchise in the family and identified Daniel Sillman as the eventual operator of team affairs.
  • The nearly $15 billion figure is roughly double independent estimates of about $7.5 billion and would exceed the largest reported sports franchise price.
  • He did not specify whether the offers covered only the Dolphins or also Hard Rock Stadium and related sports assets.
  • In December 2024, investors including Ares Management and Joe Tsai/Oliver Weisberg bought a combined 13% stake at an $8.1 billion valuation, with Ross retaining control.
  • As Miami runs a head-coach search after Mike McDaniel’s firing, Ross cited intensifying media-rights competition, including streamers, as a key driver of rising franchise values.