Miami Dolphins owner Stephen Ross has reportedly declined a staggering offer to sell the franchise for nearly $15 billion, a figure that would have obliterated all previous records for the sale of a professional sports team. In a recent interview with Bloomberg, the 85-year-old real estate magnate confirmed that while he has received interest at valuations “you wouldn’t believe,” his commitment to maintaining family ownership of the team remains absolute.
The reported $15 billion figure represents more than double the estimated $7.5 billion valuation Forbes placed on the Dolphins prior to the 2025 season. For context, the current record for a North American sports franchise sale stands at $6.05 billion for the Washington Commanders in 2023, while the Los Angeles Lakers were valued at approximately $10 billion during a minority stake transaction in mid-2025. Ross’s refusal to engage with the massive bid underscores the exploding value of NFL franchises and the scarcity of such assets.
Ross, who purchased the Dolphins for $1.1 billion in 2009, told Bloomberg that his decision was rooted in both the league’s long-term investment potential and a desire to leave a legacy. “I don’t think there’s a better asset,” Ross stated, questioning where else he could possibly deploy such a massive windfall that would provide the same level of prestige and growth. Instead of cashing out, Ross has solidified a succession plan that ensures the team stays under his family’s umbrella.
According to the report, Daniel Sillman—Ross’s son-in-law and the current CEO of Relevent Sports—is slated to take the reins of the organization following Ross’s tenure. Sillman has been a key figure in Ross’s sports ventures, including the development of the Formula 1 Miami Grand Prix and the transformation of Hard Rock Stadium into a global entertainment hub.
While Ross has recently sold minority stakes to private equity firms like Ares Management to raise capital for other projects, he has consistently rebuffed offers for a majority stake. This includes past interest from hedge-fund billionaire Ken Griffin, whose previous attempts to acquire the team were reportedly hampered by Ross’s refusal to grant a path to majority control. By turning down the $15 billion offer, Ross has signaled to the sports world that the Miami Dolphins are no longer just a business venture, but a permanent family heirloom.
Sources:
- Bloomberg: Miami Dolphins Owner Ross Offered Close to $15 Billion for Team
- Yardbarker: You won’t believe how much money Stephen Ross turned down to sell Dolphins
- The Times of India: Miami Dolphins owner Stephen Ross net worth 2026
- SportsPro: Miami Dolphins owner ‘nears’ sale of minority stakes to Ares and Joe Tsai
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