1 of 1
Story summary
- Lin Bin, co-founder of Xiaomi, agreed to buy a 1% stake in the Miami Dolphins for $12.5 billion, a record for publicly known minority transactions.
- The NFL's finance committee approved the deal, pending a full vote by team owners, after noting Dolphins owner Stephen Ross's prior stake sales.
- The Dolphins missed the playoffs in 2025 and face leadership changes, including head coach Jeff Hafley and GM Jon-Eric Sullivan.
