Stephen Ross Rejects Mind-Bogglingly Large Offer to Sell Dolphins, per Report

The franchise appears to be off the market at the moment.

Sep 10, 2023; Inglewood, California, USA; Miami Dolphins owner Stephen Ross. / Kirby Lee-USA TODAY Sports

Just 12—12!—short years ago, an NFL team was sold for under a billion dollars. Shahid Khan bought the Jacksonville Jaguars in Jan. 2012 for a mere $770 million.

How times have changed.

According to a Wednesday morning report from Safid Deen of USA Today, Miami Dolphins owner Stephen Ross recently turned down an offer for the team and other assets worth an astounding $10 billion.

The offer made to Ross, 83, included the sale of Hard Rock Stadium and control of Formula One's Miami Grand Prix, which will be run Sunday at the Miami International Autodrome. It would have set an NFL record, surpassing the Washington Commanders' $6 billion sale in July 2023.

Per Deen, citing two people familiar with the matter, "Ross declined the offer because he wants to keep the assets in his family."

Under Ross's stewardship, the Dolphins have gone 116-127 and made three playoff appearances in 15 seasons.