Miami Dolphins Sell 1% for Record $125M
Miami Dolphins News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Stephen Ross, owner of the Miami Dolphins, sells 1% of the team for $125M, valuing the franchise at $12.5B, a new record in sports team sales. Tech billionaire Lin Bin buys the stake, while Ross, 85, plans to keep majority ownership and pass it down. This deal sets a new high mark for NFL team values, potentially boosting the sale of the Seattle Seahawks.
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