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Majority management of Dolphins ‘not on the market,’ supply says

May 2, 2024
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Marcel Louis-Jacques, ESPNCould 1, 2024, 12:37 PM ET

CloseMarcel Louis-Jacques joined ESPN in 2019 as a beat reporter masking the Buffalo Payments, earlier than switching to the Miami Dolphins in 2021. The previous Carolina Panthers beat author for the Charlotte Observer gained the APSE award for breaking information and the South Carolina Press Affiliation award for enterprise writing in 2018.

MIAMI — Majority management of the Dolphins is “not on the market,” a supply instructed ESPN, after USA At present reported that proprietor Stephen Ross turned down a $10 billion supply for management of the crew, the Formulation One Miami Grand Prix and Laborious Rock Stadium.

In accordance with USA At present, Ross “entertained” a proposal that may signify, by far, the biggest crew sale in American sports activities historical past. He turned down the supply with the intention to preserve crew management of the Dolphins inside his household; Ross made his daughter, Jennifer, his successor in 2022.

Stephen Ross, proper, bought a controlling share of the Dolphins in 2009. Kirby Lee-USA TODAY Sports activities

Ross bought a controlling share of the Dolphins in 2009 and spent $500 million on vital renovations to Laborious Rock Stadium in 2015. Ross and Dolphins CEO Tom Garfinkel have been instrumental in bringing the Miami Open tennis match to the Laborious Rock Stadium grounds in 2019 and constructed the Miami Worldwide Autodrome across the stadium three years later to host the Miami Grand Prix in 2022.

Laborious Rock Stadium is among the most versatile sports activities venues in the USA, internet hosting school and NFL soccer video games, the Dolphins Problem Most cancers bike experience and 5K fundraiser, and music festivals, together with the Miami Open and the Miami Grand Prix. It’s going to even be a bunch venue for the FIFA World Cup in 2026.



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