Valuation snapshotSource: Sportico NFL Valuations, Aug 2026
Latest estimated value
$10.25B
Estimated annual revenue
$642M (Sportico 2026, 2025 season)
Implied revenue multiple
16.0x (calc.)
YoY change
+24% (1-yr)
Most recent transaction
Minority Stake
Implied valuation, last tx
$12.5B (parent entity) — record minority-deal valuation
Ownership
Controlling ownerStephen Ross
Ownership stake—
Owner since2008
Acquisition price$1.1B
Notable investors
- · Ares Management (10%, 2024)
- · Joe Tsai & Oliver Weisberg (3%, 2024)
- · Lin Bin (1% of parent, 2026)
Transaction history
3 on file| Date | Type | Buyer | Seller | Stake | Price | Implied Val | Mult. | Conf. |
|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Minority Stake | Lin Bin (Xiaomi co-founder) | Stephen Ross | 1% of parent (team + Hard Rock Stadium + F1 Miami GP + Miami Open share) | ~$125M | $12.5B (parent entity) — record minority-deal valuation | — | High |
| 2024-12-11 | Minority Stake | Ares Management (10%) + Joe Tsai & Oliver Weisberg (3%) | Stephen Ross | 13% (aggregate) | Undisclosed | $8.1B (team + stadium + F1 assets; team-only ~$7.1B per CNBC) | — | High |
| 2009-01-20 | Control Sale | Stephen Ross | Wayne Huizenga | Majority (phased to 95%) | $1.1B | $1.1B | — | High |
Have a correction or addition? Email the author.
Related coverage
No related coverage yet. Subscribe to be notified when articles publish on this team.
Valuations and revenue estimates on this page are sourced from publicly available reporting and are presented for informational purposes only. SportsCapIQ is not affiliated with the Miami Dolphins, the NFL, or any party referenced. See full methodology and disclaimer.