Miami Dolphins owner Stephen Ross does not plan to sell his team any time soon. But if or when he changes his mind or dies, the Dolphins already have an NFL approved ownership succession plan in place, The Miami Herald has confirmed.
The NFL recently approved Ross granting New York businessman Bruce A. Beal Jr. the right of first refusal to purchase the franchise should Ross no longer be the owner.
The arrangement was voted on and approved at the recent NFL owners meeting in Boca Raton. The move to initiate the succession plan came directly from Ross.