JOURNAL ARTICLE

Lin to Buy Miami Dolphins Stake At $12.5 Billion Valuation.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall; Kaiser, Anna J 3 of 3

Abstract

The article focuses on Lin Bin, billionaire co-founder of Chinese consumer electronics company Xiaomi Corp., reaching an agreement to purchase a 1% stake in the Miami Dolphins football team, valued at $12.5 billion. This stake includes ownership in related assets such as the Formula 1 Miami Grand Prix and Hard Rock Stadium. The Dolphins' majority owner, billionaire developer Stephen Ross, who acquired the team in 2009, has previously sold minority stakes and plans to retain majority family ownership. Lin Bin, an American citizen and former executive at Microsoft and Google, co-founded Xiaomi in 2010, which is now the world's third-largest smartphone maker. The acquisition requires approval from the National Football League, which involves a vote by at least 24 team owners. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2026
  • Accession Number:192029463
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