Total Pro Sports
Miami Dolphins owner Stephen Ross has revealed he received offers for his team, with one of them reaching close to $15 billion.
Ross bought the AFC East franchise for around $1 billion in 2009 and, according to him, could have made close to 1400 percent profit had he opted to sell.
The 85-year-old sat down for an interview with Bloomberg News in Palm Beach, Florida, on Wednesday. He touted the immense benefits of owning an NFL team, claiming there’s no better asset.
“I don’t think there’s a better asset,” he said. “Pretty high numbers.”
“Where would you put the money then? What would I do with it?” he then asked.
Ross said he wants to remain the Dolphins owner and eventually pass it on to his son-in-law, Daniel Sillman.
The Dolphins will have a new look about them next season following the dismissal of Mike McDaniel as head coach.
McDaniel, now one of the top offensive coordinator candidates, was reportedly blindsided by the decision.
Ross, meanwhile, sold a 13 percent stake in the team in 2024, including interest in Hard Rock Stadium and Miami Grand Prix. He decided to sell in order to invest in other projects in Florida.
The Bloomberg Billionaires Index lists the Related Cos. founder’s net worth at $ 15.1 billion.
He expects the team to become even more valuable due to the NFL’s media rights, which will continue to rise, especially now that streaming companies are becoming partners.
The Dolphins haven’t been all that successful under Ross’s ownership. They last won a Super Bowl in 1974 and are now searching for another head coach.
Barry Jackson of the Miami Herald has reported that they will speak to Robert Saleh and Jesse Minter this Thursday. They have already interviewed Kevin Stefanski, Klint Kubiak and Jeff Hafley.
