Dolphins Owner Reportedly Rejected $10 Billion Offer to Sell the Team
Summary
Miami Dolphins owner Stephen Ross turned down a $10 billion offer to sell the team, Hard Rock Stadium, and the Miami Grand Prix. Ross plans for his daughter to take over the team in the future. Despite a poor team performance, Ross shows no interest in selling and remains committed to his management choices.Key Facts
- Stephen Ross owns the majority of the Miami Dolphins, Hard Rock Stadium, and the Miami Grand Prix.
- Ross rejected a $10 billion offer from an unidentified buyer in the past two years.
- The team is currently valued at around $8.5 billion.
- Ross has designated his daughter Jennifer as his successor for the Dolphins.
- He also arranged a significant executive position for his son-in-law, Dan Sillman, outside of the Dolphins.
- Hedge fund billionaire Ken Griffin showed interest in buying the Dolphins but was not confirmed as the $10 billion offeror.
- Fans have expressed dissatisfaction with the team's 1-6 record, but Ross trusts current head coach Mike McDaniel to improve the team.
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