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Stephen Ross reportedly agreed to sell a 2.1% stake in the Dolphins and related businesses at a valuation above $12.5 billion, pending NFL approval.

Miami Dolphins owner Stephen Ross has reportedly reached an agreement to sell a minority stake in the team and its affiliated businesses at a record valuation exceeding $12.5 billion. Chilean billionaire Jean Eric Salata is set to acquire a 2.1 percent interest in the multi-asset package, which still requires formal approval from NFL team owners.
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