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  • 10 months ago
Miami Dolphins owner Stephen Ross said he has received offers approaching $15 billion for the franchise, highlighting surging NFL valuations driven by media rights and streaming competition.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:03Miami Dolphins owner Stephen Ross said he has received offers for the franchise approaching
00:07$15 billion, reflecting rising team valuations since he acquired the Dolphins for about $1 billion
00:13in 2009. Ross said he has no plans to sell and questioned where he would invest the proceeds if
00:20he did, according to Bloomberg. In 2024, he sold minority stakes totaling 13% in the Dolphins'
00:27Hard Rock Stadium and the Miami Grand Prix business at a valuation of about $8 billion.
00:33Ross said the sale provided capital for other Florida projects. He said the team will remain
00:38in his family, with his son-in-law Daniel Silman positioned to take over. Ross said NFL valuations
00:44should continue rising as media rights increase and competition grows from streaming services
00:49such as Netflix. For all things money, visit Benzinga.com.

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