Who Owns The Miami Dolphins?
Stephen M. Ross currently owns the Miami Dolphins franchise and has been the team’s principal owner since 2009. Prior to Ross, the team was owned by H. Wayne Huizenga from 1993-2009. Before Huizenga, the team was owned by a group of investors led by Joseph Robbie from 1965-1992. The Robbie family originally purchased the team for $4 million in 1965.
In 2009, Ross paid $1 billion for a 50% stake in the Dolphins. In January 2008, Huizenga put the team up for sale with an asking price of $1.1 billion. Several months later, Ross agreed to buy a majority stake in the team from Huizenga. The deal was finalized in October of that year, making Ross the principal owner of the Dolphins.
Stephen M. Ross is an American businessman and philanthropist. He is the chairman and CEO of Related Companies, a real estate development firm based in New York City. Ross also has ownership stakes in several sports teams, including the Miami Dolphins, Newcastle United Football Club, and Equinox Holdings. He is a major donor to the University of Michigan, his alma mater.
According to Forbes, the Miami Dolphins franchise is worth $4.6 Billion as of the 2022-2023 season. This ranks Miami as the 13th most valuable franchise in the NFL.
About The Miami Dolphins Franchise
The Miami Dolphins are a professional American football team based in the Miami metropolitan area. The Dolphins compete in the National Football League (NFL) as a member club of the league’s American Football Conference (AFC) East division. The Dolphins play their home games at Hard Rock Stadium in the northern Miami Gardens, Florida suburb. The franchise began play in 1966 as an expansion team that joined the NFL as part of an AFL–NFL merger.
The team made its first Super Bowl appearance in Super Bowl VI, losing to the Dallas Cowboys, 24–3. The following year, the Dolphins completed a perfect regular season and then defeated the Minnesota Vikings, 24–7, in Super Bowl VIII to win their second consecutive Super Bowl.
They would go on to win their third straight Super Bowl the next year, becoming the first team ever to do so, defeating the Washington Redskins 14-7 in Super Bowl IX. After losing Super Bowl X to the Pittsburgh Steelers (16-6), they returned to win Super Bowl XIII (against the same Steelers team) by a score of 38-16. This was the last time the Dolphins would appear in a Super Bowl during the 20th century.
The Dolphins have won 13 division titles, have appeared in the playoffs 23 times, and have made 5 Super Bowls winning two in 1972 and 1973. Their rivalry with the New England Patriots is considered one of the fiercest in professional sports.