Miami Dolphins Owner Ross Offered Up to $15 Billion for Team

Stephen Ross, CEO and chair of Related Ross, founder of Related Companies and owner of the Miami Dolphins, comments on the future ownership of the Dolphins and says the offers for the franchise have reached close to $15 billion during a Bloomberg Newsmakers event with Caroline Gage.Source: Bloomberg

Miami Dolphins owner Stephen Ross said he’s received offers for the National Football League franchise that have approached $15 billion, a sign of how much valuations have surged since he acquired the team for about $1 billion in 2009.

“I don’t think there’s a better asset,” Ross said in an interview on Wednesday with Bloomberg News in Palm Beach, Florida. “Pretty high numbers,” he added, saying he has no plans to sell while questioning where he would invest the proceeds if he did.