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Stock impact report

Miami Dolphins Owner Stephen Ross Says He’s Been Offered Nearly $15 Billion For NFL Team [Forbes]

Waste Management, Inc. (WM) 
Last waste management, inc. earnings: 2/13 07:30 am Check Earnings Report
US:NYSE Investor Relations: wm.com/about/investor.jsp
Company Research Source: Forbes
billion, a stark difference from the club's estimated valuation and the $1 billion he paid well over a decade ago to acquire it. Ross purchased the Dolphins for $1 billion in 2009. Photo by Rich Storry/Getty Images Key Facts Ross, speaking at a Bloomberg event in Florida, said he does not think there is a better asset than a football team, adding he does not have plans to sell the Miami Dolphins. Ross, known as a real estate and sports magnate, purchased the Dolphins for around $1 billion in 2009 and sold a 13% stake in the team, F1's Miami Grand Prix and the Miami Open at an $8.1 billion valuation that year. The billionaire told Bloomberg that he will maintain ownership of the team, which will be passed on to his son-in-law, Daniel Sillman, a 37-year-old sports executive and entrepreneur. Ross said he believed NFL team valuations will continue rising because of the league's growing media rights presence and competition from streamers like Netflix, which aired two Christ Show less Read more
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