Brooklyn Nets Owners Joe Tsai and Oliver Weisberg Reportedly Investing in Miami Dolphins Stake

Brooklyn Nets majority owner Joe Tsai and minority owner Oliver Weisberg are buying a stake in the National Football League’s Miami Dolphins, according to a report.

Tsai, who made his fortune as co-founder of Chinese e-commerce giant Alibaba, is set to acquire 2.9% of the team while Weisberg will own 0.1%, according to a report in Sports Business Journal.

Dolphins owner Stephen Ross, the billionaire real estate magnate, is selling non-controlling stakes in his franchise after the NFL voted in August to approve allowing private equity groups to own pieces of its 32 franchises

Brooklyn Nets owner Joe Tsai is reportedly set to buy a minority stake in the NFL's Miami Dolphins.

Brooklyn Nets owner Joe Tsai is reportedly set to buy a minority stake in the NFL’s Miami Dolphins. Getty Images
The Dolphins, who count among their players wide receiver Tyreek Hill (10), are said to be worth $6.2 billion, according to Forbes.
The Dolphins, who count among their players wide receiver Tyreek Hill (10), are said to be worth $6.2 billion, according to Forbes. Getty Images
The Dolphins are owned by real estate magnate Stephen Ross.
The Dolphins are owned by real estate magnate Stephen Ross. Getty Images

Ross is planning to sell 10% of his club to Ares Management, the Los Angeles-based private equity firm, according to the SBJ report. The Dolphins were recently valued at $6.2 billion, according to Forbes.

The Buffalo Bills are also in agreement to sell 10.6% of the team to private investment firm Arctos Partners, according to the report.

Terry Pegula, the oil magnate who owns the Bills, also plans to sell 1.4% of the team to a group led by Tom Burger, co-founder and managing partner of Gridiron Capital.

The Burger-led group reportedly includes retired NBA stars Vince Carter and Tracy McGrady as well as former US men’s soccer star Jozy Altidore.

Theresia Gouw, co-founder and managing partner of Acrew Capital, is reportedly in line to buy 2% of the Bills while Sue McCollum, CEO and owner of alcohol distributors Eagle Brand Sales and Double Eagle Distributing, will acquire 1.7%, according to SBJ.

The Bills are valued by Forbes at $4.2 billion.

While Ross will retain a controlling stake that amounts to 84.5% of the Dolphins, Pegula will control 79% of his club.

Oliver Weisberg, a minority owner of the Nets, will also acquire a piece of the Dolphins, according to a report.
Oliver Weisberg, a minority owner of the Nets, will also acquire a piece of the Dolphins, according to a report. Bloomberg via Getty Images

The two deals are expected to win approval from the NFL’s finance committee when owners meet in December.

The Post has sought comment from the Bills, Dolphins, Nets, Gridiron Capital, Ares, Arctos, Acrew Capital and Eagle Brand Sales.

The Bills issued a statement to SBJ which read: “Earlier this year, the Pegula family retained Allen & Company to explore the potential sale of a non-controlling, minority interest in the Bills.”

Buffalo Bills owner Terry Pegula is set to sell around 20% of his team to several investors.
Buffalo Bills owner Terry Pegula is set to sell around 20% of his team to several investors. Getty Images
Former NBA great Vince Carter is among those in line to acquire a minority stake in the Buffalo Bills.
Former NBA great Vince Carter is among those in line to acquire a minority stake in the Buffalo Bills. Getty Images

“Since then, there has been a significant amount of interest, and our focus has been on finding the right partners for our organization. The process is on-going, and any potential investor cannot be confirmed or finalized until it is approved by the NFL.”

“The Pegula family’s continued commitment to our fans across this region and beyond, Western New York, and the new Highmark Stadium remains unchanged. Neither the team nor the Pegula family can comment any further at this point.”

Related Posts

Lamar Jackson Set to Sign NFL Record Contract – But Could Another QB Get Even More?

Sport American Football LAMAR Jackson is expected to sign the largest contract in NFL history in 2026. However, the Ravens ‘ two-time NFL MVP quarterback Jackson could pen the biggest contract and still earn less annually than Dallas Cowboys ‘ Dak Prescott …

Read more

Fans Worried About Coach Mike Tomlin After Bizarre Video at NFL Meeting – What’s Going On?

By BEN NAGLE Published: 20:47 BST, 31 March 2025 | Updated: 21:31 BST, 31 March 2025 It’s fair to say Florida is hotter than Pittsburgh most of the time, and Steelers coach Mike Tomlin was certainly feeling that in Palm Beach on Monday morning. In a series …

Read more

Shane Buechele’s Wife Opens Up About the Extreme Difficulties of Her Third Trimester – A Challenging Journey!

Buffalo Bills quarterback Shane Buechele is expecting some good news soon. His wife Paige has been pregnant for months and the couple is expecting their child soon. However, through the journey, Paige has learned a lot about pregnancy and shared some …

Read more

Travis Kelce & Taylor Swift Plan to Leave – Surprising Move Reveals Turning Point in Relationship?

Taylor Swift and Travis Kelce (Credit: Mark J. Rebilas-Imagn Images) Kansas City Chiefs tight end Travis Kelce and Taylor Swift are reportedly eyeing a move to a more quiet area out west. The three-time Super Bowl champion has been in a relationship with …

Read more

Shocking: Dak Prescott leaves Cowboys and makes controversial statement – ​​’They don’t appreciate me…’

Dallas, TX – The NFL world was rocked early this morning, March 22, 2025, when Dallas Cowboys quarterback Dak Prescott announced his departure from the team and delivered a provocative statement that has sent shockwaves through the league. Speaking to …

Read more

Impactante: Una serpiente gigante custodia un nido de huevos de oro. ¿Es real o no esta mágica escena?

En una aldea remota, un espectáculo surrealista e imponente se despliega ante una multitud atónita. Una serpiente de cascabel, con escamas relucientes que relucen como oro pulido, se enrosca majestuosamente alrededor de un tesoro de relucientes huevos dorados. La serpiente…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *