Miami, FL - The owner of the Miami Dolphins, Stephen Ross, is reportedly in discussions to sell a portion of the franchise, Hard Rock Stadium, and the F1 Miami venture to multi-billionaire hedge-fund manager Ken Griffin. The potential sale aims to generate cash that can be reinvested in the sports and real estate sectors, according to multiple reports compiled by Sports Business Daily.

Sources familiar with the negotiations suggest that the combined value of these assets exceeds a staggering $7 billion. However, determining the exact valuation of the Dolphins is challenging without details about the percentage being sold and its associated value. Nevertheless, the value of NFL teams has been skyrocketing in recent years, with record-breaking deals such as the $4.65 billion sale of the Denver Broncos in August 2022 and the $6.05 billion sale of the Commanders less than a year later.

This potential sale could also signify a strategic move by the 83-year-old Ross to identify a potential successor. While Bruce Beal had been positioned to take over, a falling out occurred, potentially linked to the league-imposed punishment for tampering with Tom Brady and Sean Payton. Consequently, the buyer who acquires a significant stake in the Dolphins, the stadium, and the local F1 venture could potentially pave the way towards full ownership of each property.

Stephen Ross, a prominent figure in the sports industry, is renowned for his ownership of the Dolphins since 2008. Under his guidance, the franchise has undergone significant development, including the renovation of Hard Rock Stadium, which has established itself as a premier venue for NFL games and other sporting events.

If the deal between Ross and Griffin materializes, it would not only represent a notable transaction within the sports business landscape but also highlight the continued growth and rising value of NFL franchises. With a considerable influx of capital from the sale, Ross will be poised to make further investments in the sports and real estate sectors, solidifying his position as a key player in these industries.

As negotiations continue, the sports world eagerly awaits any official announcements regarding the potential sale of the Dolphins, Hard Rock Stadium, and F1 Miami. This high-stakes transaction could reshape the ownership landscape within the NFL and contribute to the ongoing financial evolution of the league.

Disclaimer: The details of this potential sale are based solely on reports compiled by Sports Business Daily, and official confirmation from the parties involved has not been obtained at the time of writing.