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2024

Stephen Ross nears selling stakes in NFL team to Brooklyn Nets owner

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Miami Dolphins owner Stephen Ross is in advanced talks with private equity firm Ares Management and billionaire Joe Tsai to sell stakes in the NFL team and other assets at a valuation of $8.1 billion, according to people familiar with the transaction. As part of the agreement, Ares will purchase a 10% stake in the properties, which also include Hard Rock Stadium and F1s Miami Grand Prix, said the people who asked not to b