Miami Dolphins Owner Stephen Ross in Talks to Sell Stake in Franchise to Private Equity Firms
Miami Dolphins owner Stephen Ross is reportedly in talks with private equity firms, including Arctos Partners, to sell a minority stake in the NFL franchise, Bloomberg reports, citing other media reports.
The New York Times, citing two sources with knowledge of the situation, reports that Ross is aiming for a valuation exceeding $7 billion for the team.
This move would make Ross one of the first NFL owners to capitalize on new league rules that allow private equity firms to own up to 10% of a team. These rule changes, implemented in recent years, have opened the door for investment from outside sources, potentially injecting a significant influx of capital into the NFL.
The potential sale comes at a time of unprecedented growth in the value of sports franchises, particularly in the NFL. The league continues to enjoy immense popularity and lucrative television contracts, driving up the value of teams for investors.
While the details of the potential deal are still being finalized, the news of Ross’s discussions with private equity firms is generating significant buzz within the NFL community.
Analysts believe the influx of private equity investment could fuel further growth in the NFL, potentially impacting player salaries, team valuations, and the overall business of the league.
