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Miami Dolphins and Hard Rock Stadium owner Stephen Ross is in advanced talks with Ares Management Corporation and Brooklyn Nets owner Joe Tsai to sell stakes in the Dolphins, Hard Rock Stadium, F1's Miami Grand Prix and the Miami Open for a (whopping) $8.1 billion valuation.

https://www.privateequitywire.co.uk/ares-closing-in-on-dolphins-deal-at-8-1bn-valuation/

 

Original source is Bloomburg which requires subsciption.

 

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Ares Management is one of four private equity groups that have been approved to invest in NFL franchises

 

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