MIAMI GARDENS, Fla. — Miami Dolphins Owner Stephen Ross has sold a small piece of the team at a record price.

Local 10 News has confirmed through league sources that Ross sold 1% of his ownership stake in the holding company behind the team, which includes Hard Rock Stadium, the Formula One Miami Grand Prix and the Miami Open tennis tournament.

That 1% was sold at a $12.5 billion valuation to Chinese tech billionaire Lin Bin.

Ross will pocket a cool $125 million from that 1% sale of the Dolphins.

The 85-year-old previously sold 13% of the team in 2024 in deals that were based on an $8.1 billion valuation.

Ross has reportedly said he intends on keeping the team so that his family inherits it after his passing.

Some experts are now already looking to what the Dolphins sale will mean for teams like the Seattle Seahawks, who are currently up for sale with some initial predictions estimating the entire team could be sold for anywhere between $9 and $12 billion.

But now, this record-high 1% sale of the Dolphins could put the price for the Super Bowl-winning Seahawks well above $12 billion.

The largest acquisition in NFL history was the sale of the Washington Commanders, purchased by Philadelphia 76ers co-owner Josh Harris for $6.1 billion back in 2023.

Dolphins owner Stephen Ross sells 1% of team for record $125 million

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Will Manso