Miami Dolphins reject a $10B offer
Miami Dolphins owner Stephen Ross and CEO Tom Garfinkel will host their third Formula One Miami Grand Prix, knowing their courageous venture into one of the world’s fastest growing sports has elevated their NFL business.
Ross recently entertained a stunning $10 billion offer for control of the Dolphins, Hard Rock Stadium, and the F1 Miami race – which nearly matches the combined record-setting sales of the Denver Broncos ($4.65 billion in 2022) and Washington Commanders ($6.05 billion in 2023) – two people with direct knowledge of the situation told USA TODAY Sports. They spoke on the condition of anonymity due to the sensitive nature of the matter.
Ross declined the offer because he wants to keep the assets in his family, the two people said. Still, the offer shows the ceiling of NFL franchise valuations and sports conglomerates continues to rise exponentially.
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Posted: 05/02/2024 at 11:52 AM ET
Thread Replies (11)
Miami Dolphins reject a $10B offer
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-- EDGEMAN
May 02, 2024 at 11:52 AM ET
EDGEMAN
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05/02/24 11:52 AM ET
yeah...wanted me to up it to $10.5B, and I didn't have the extra .5 on me**
-- JoesterVT
May 02, 2024 at 12:12 PM ET
JoesterVT
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05/02/24 12:12 PM ET
impressed that 700,000 people went to Detroit for the draft**
-- HokieDan95
May 02, 2024 at 11:54 AM ET
HokieDan95
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05/02/24 11:54 AM ET
Impressive if 7 people willingly go to DET for anything. **
-- RhinoVT
May 02, 2024 at 12:03 PM ET
RhinoVT
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05/02/24 12:03 PM ET
Honestly, you might be surprised by Detroit
-- Tailgate Guru
May 02, 2024 at 12:58 PM ET
Tailgate Guru
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05/02/24 12:58 PM ET
I think "urban wasteland" is being kind
-- HokieMacDaddy
May 02, 2024 at 02:45 PM ET
HokieMacDaddy
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05/02/24 02:45 PM ET
I'm an east coast guy, but feel the same way about DET, CLE, PIT & Columbus
-- Dan1993
May 02, 2024 at 01:37 PM ET
Dan1993
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05/02/24 01:37 PM ET
That's good to hear. Cleveland underwent something similar years ago and
-- RhinoVT
May 02, 2024 at 01:06 PM ET
RhinoVT
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05/02/24 01:06 PM ET
I visited Cleveland in the mid-90s and it was exactly like this
-- HokieMacDaddy
May 02, 2024 at 02:44 PM ET
HokieMacDaddy
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05/02/24 02:44 PM ET
Haha dang it you beat me to it.
-- MP4VT2004
May 02, 2024 at 04:28 PM ET
MP4VT2004
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05/02/24 04:28 PM ET