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Miami Gardens Today
By the People, for the People
Xiaomi Co-Founder Buys 1% Stake in Miami Dolphins
Deal values NFL franchise at record $12.5 billion
Apr. 1, 2026 at 12:09am
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Lin Bin, the co-founder and vice chairman of Chinese tech giant Xiaomi, is purchasing a 1% stake in the Miami Dolphins along with other assets from team owner Stephen Ross. The deal values the NFL franchise at a record $12.5 billion, making it one of the most valuable sports teams in the world.
Why it matters
The sale of a minority stake in the Dolphins at such a high valuation underscores the continued growth and global appeal of the NFL, as well as the increasing interest from international investors in acquiring pieces of top-tier American sports franchises.
The details
Under the terms of the deal, Lin Bin will acquire a 1% stake in the Dolphins as well as other unspecified assets belonging to owner Stephen Ross. The $12.5 billion valuation for the franchise is a new record, surpassing the previous high of $11.6 billion set when the Denver Broncos were sold in 2022.
- The deal was announced on April 1, 2026.
The players
Lin Bin
The co-founder and vice chairman of Chinese tech company Xiaomi, who is purchasing a 1% stake in the Miami Dolphins.
Stephen Ross
The owner of the Miami Dolphins, who is selling a minority stake in the franchise.
What they’re saying
“This investment in the Miami Dolphins represents an exciting opportunity to be part of one of the most iconic franchises in the NFL and American sports.”
— Lin Bin, Co-founder and Vice Chairman, Xiaomi
What’s next
The deal is expected to close in the coming weeks, pending approval from the NFL's other team owners.
The takeaway
The record-setting valuation of the Miami Dolphins underscores the continued global appeal and financial strength of the NFL, as well as the growing interest from international investors in acquiring stakes in top American sports franchises.
