Jeremy
๐ค SpeakerAppearances Over Time
Podcast Appearances
That puts the valuation of the Dolphins and their stadium at a higher number than any NFL franchise has gone for.
What are you making faces about, Pitbull?
Why did he do that?
Because it's an easy $125 million cash.
No, it's just you're selling the smallest possible amount percentage-wise while keeping a whole number and getting $125 million cash for your family.
Do you know what Stephen Ross bought in for in 2009?
So...
Do you know this number?
Because this is why NFL franchises are a great investment.
Do you know what Stephen Ross bought in for in 2009?
$550 million is what he did in 2009.
I should point out that in 2009, he bought half of the team, 50% of the team for $550 million.
So it'd be the equivalent of $1.1 billion.
But still, in 16 years, the return on that investment goes from $1.1 billion to a valuation of $12.5 billion.
And he's been a disaster as an owner.
They have not won a single playoff game in that time.
And it has not mattered.
Although...
He does pour a good amount of his money back into the franchise.
And you know that in those players association, you know, taking the temperature of our franchise.