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Report: Stephen Ross to Sell One Percent of Dolphins at $12.5 Billion
Per multiple reports, Ross will sell one percent of the Dolphins at a record $12.5 billion valuation. He previously sold 13 percent of the team in deals based on an $8.1 billion valuation. The latest stake will go to tech billionaire Lin Bin. "Ross, 85, intends to retain ownership of the team, with his family eventually inheriting the controlling interest," Mike Florio wrote.
By Nidheesh Kumar
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