Just 12—12!—short years ago, an NFL team was sold for under a billion dollars. Shahid Khan bought the Jacksonville Jaguars in Jan. 2012 for a mere $770 million.
How times have changed.
According to a Wednesday morning report from Safid Deen of USA Today, Miami Dolphins owner Stephen Ross recently turned down an offer for the team and other assets worth an astounding $10 billion.
The offer made to Ross, 83, included the sale of Hard Rock Stadium and control of Formula One's Miami Grand Prix, which will be run Sunday at the Miami International Autodrome.