Dolphins for sale: 15 years after Venus and Serena Williams’ arrival, Stephen Ross looks to sell minority stake in NFL franchise

Stephen Ross is looking to make huge profits! The respected real estate developer is the majority owner of the Miami Dolphins. After 2009, the 83-year-old was ready to introduce another minority shareholder.

In 2009, Rose merged 95% ownership with the Dolphins. Talented tennis duo Venus and Serena Williams join the team as majority owners. Now, 15 years later, Ross is looking to step down again!

Stephen Ross gives up minority stake again

In 2009, Rose acquired majority control of the Dolphins for $1.1 billion. The entire franchise is now estimated to be worth more than $6 billion. The real estate mogul is reportedly once again looking for a new partner.

In 2009, the Williams sisters were named ambassadors for the Miami franchise. The two sisters each own 0.5% of the franchise.“We are delighted that Venus and Serena are joining the Dolphins as limited partners”“, Ross said in 2009.

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“I spent much of my childhood in the area and it is a huge privilege to be a part of a staple of Miami culture” Serena said in 2009. Their collaboration was fruitful, to say the least. The valuation has increased six times in 2015. However, this success was not replicated in the field.

A fair valuation for the Dolphins on the field

In addition to the money Rose paid upfront to acquire the Dolphins. The billionaire has also invested an additional $730 million to renovate Hard Rock Stadium and the surrounding area. However, since being acquired, the Dolphins have not been a winning machine.

The Dolphins have not won the AFC East title once in the past 15 seasons. And only advanced to the playoffs three times. They were eliminated in the wild-card round every time, including last season.

The coaching staff also suffers from a lack of stability. As the Dolphins changed seven head coaches during this period. Do you think Stephen Ross’ valuation of the Dolphins at $6 billion is reasonable? Let us know in the comments.

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