Miami Dolphins owner Stephen Ross is reportedly considering taking advantage of the recent decision to allow private equity firms to purchase stakes in NFL franchises.
Ross is "in talks" to sell a stake of up to 15 percent of the Dolphins to private equity firms at a franchise valuation of more than $7 billion, sources told Lauren Hirsch and Ken Belson of the New York Times.
The transaction would also involve the sale of partial ownership stakes in Formula One's Miami Grand Prix as well as in Hard Rock Stadium, per the Times.