(Bloomberg) -- Miami Dolphins owner Stephen Ross is in talks with private equity firms including Arctos Partners about selling a stake in the NFL franchise, the New York Times reported.
Ross is in talks with firms about selling a stake in the Dolphins at a valuation above $7 billion, according to the newspaper, which cited two people with knowledge of the situation.
The billionaire could become one of the first NFL owners to take advantage of new league rules that allow certain private equity firms to own as much as 10% of a team.
©2024 Bloomberg L.P.
