{"id":884987,"date":"2026-10-17T01:34:19","date_gmt":"2026-10-17T01:34:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/884987\/"},"modified":"2026-10-17T01:34:19","modified_gmt":"2026-10-17T01:34:19","slug":"stephen-ross-sells-sliver-of-dolphins-at-record-valuation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/884987\/","title":{"rendered":"Stephen Ross sells sliver of Dolphins at record valuation"},"content":{"rendered":"<p>There\u2019s a general belief that equity in an NFL franchise is more valuable when it comes with control. That general belief continues to be debunked.<\/p>\n<p>The record valuation for controlling interest in a franchise, following the sale of the Seahawks to a Steelers fan whose preferred team currently has a better record, is $9.612 billion. Multiple minority, non-controlling shares have gone for more than that.<\/p>\n<p>And there\u2019s now a new high-water mark.<\/p>\n<p>Via Ben Fischer of Sports Business Journal, Dolphins owner Stephen Ross has agreed to sell 2.1 percent of the team and its affiliated businesses <a class=\"Link\" href=\"https:\/\/www.sportsbusinessjournal.com\/Articles\/2026\/10\/15\/stephen-ross-sells-another-small-stake-in-dolphins-at-nfl-record-price\/\" target=\"_blank\" rel=\"noopener nofollow\">at a valuation slightly above $12.5 billion<\/a>, to Chilean billionaire Jean Eric Salata. Earlier this year, Ross agreed to sell one percent of the team to Lin Bin at a valuation of $12.5 billion.<\/p>\n<p>It\u2019s not quite apples to apples. Salata will get a piece of the Dolphins, Hard Rock Stadium, the F1 Hard Rock Miami Grand Prix, and the Miami Open tennis event.<\/p>\n<p>Regardless, the numbers keep going up. And up. And up.<\/p>\n<p>On-field success obviously doesn\u2019t matter. It\u2019s a rare asset, and plenty of rich people are happy to pay a lot of money for the privilege of owning what amounts to a very expensive vanity plate.<\/p>\n<p>Sure, the asset will appreciate. And there will undoubtedly be dividends. But it\u2019s a lot of money to plunk down for a very small piece of an NFL team.<\/p>\n","protected":false},"excerpt":{"rendered":"There\u2019s a general belief that equity in an NFL franchise is more valuable when it comes with control.&hellip;\n","protected":false},"author":2,"featured_media":884988,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[349,99],"class_list":["post-884987","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nfl","tag-nfl","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/884987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=884987"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/884987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/884988"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=884987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=884987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=884987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}