Following the death of Joe Robbie in 1990, the ownership of the Miami Dolphins underwent several changes before H. Wayne Huizenga became the team’s owner later that decade. Stephen M. Ross entered the scene in February 2008 when he made his initial investment in the franchise. Over the course of 2008 and 2009, Ross completed a purchase from Huizenga, acquiring a 95 percent stake in both the Miami Dolphins and their stadium for approximately $1.1 billion. After taking over as managing general partner, Ross has been the majority owner since that time.
In addition to Ross, the ownership group includes notable minority stakeholders such as Gloria Estefan, Emilio Estefan, and Marc Anthony. The management and ownership structure has been arranged with an eye toward the franchise’s future stability and growth.
Joe Robbie, the team’s founder, is credited with significantly influencing stadium development and the business model surrounding it, changing how stadium deals were approached in professional sports. After his passing, the franchise saw shifts in leadership, eventually leading to Huizenga’s tenure as owner before Ross assumed control.
Throughout the years, the Dolphins have experienced various transitions both on and off the field. For example, in 2005, then-coach Nick Saban began reshaping the team during the offseason, reflecting the ongoing efforts to mold the franchise under new directions.
Stephen Ross continues to serve as the managing general partner, overseeing not only the football operations but also the management of the stadium, which has since been renamed the Hard Rock Stadium. His leadership has marked a significant era for the Miami Dolphins, aiming to maintain the team’s competitiveness and secure its legacy. More information on local developments surrounding the team can be found in the sports category.
