The Miami Dolphins’ ownership group has kept getting bigger, and now there’s another name on the list.
On Friday, principal owner Stephen Ross sold a small minority stake in the team to Jean Eric Salata, adding yet another investor to a group that has steadily expanded in recent years as Ross has sold off small portions of the franchise and its related assets.
Ross, a real estate developer, bought 95% of the Dolphins from Wayne Huizenga in 2009 at a $1.1 billion valuation. Since then, he has continued to bring in other wealthy individuals and groups as minority owners.
One of the biggest additions came in 2024, when Ross sold a 10% stake in the Dolphins, Hard Rock Stadium and the F1 Miami Grand Prix to Ares Management. The company was founded in 1997 by Antony Ressler, who also owns the NBA’s Atlanta Hawks, along with several others.
Salata’s purchase this week covers 2.1% of the team, pending approval. He is the chairman of EQT AB, a Swedish global investment organization, and the founder of Baring Private Equity Asia. The Chilean businessman was named the second-richest person in Chile in 2023.
Other recent minority owners include Lin Bin, who bought a 1% stake in March. Bin is the co-founder and vice chairman of Xiaomi, the Chinese multinational technology company.
Joe Tsai and Oliver Weisberg also joined the group in December 2024, combining to buy a 3% stake. Tsai, the co-founder and chairman of Alibaba Group, owns the NBA’s Brooklyn Nets and WNBA’s New York Liberty as well. Weisberg is president of J Tsai Sports.
The Dolphins’ ownership list also includes several well-known names from entertainment and sports. Gloria and Emilio Estefan bought a minority stake in 2009, shortly after Ross became majority owner. The Cuban-American musicians have combined for 24 Grammy Awards.
Serena and Venus Williams also purchased minority stakes in 2009, becoming the first African-American women to obtain ownership in an NFL team. Venus is a seven-time major singles champion, while Serena has won 23 major singles titles, and the sisters have teamed up for 14 doubles crowns.
Marc Anthony bought a minority share in the club in 2009 as well. The singer has won four Grammy Awards and eight Latin Grammy Awards.
Fergie also came aboard in 2009, purchasing a minority stake. The singer/songwriter has won eight Grammy Awards over her solo career and with the Black Eyed Peas.
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