Miami Dolphins Looking Forward to Renovated Stadium

Sun Life Stadium, home of the Miami Dolphins, will get a $350 million facelift. The Miami-Dade County Commission approved a deal by a vote of 7-4 to renovate the stadium. The deal pays incentives to the Dolphins for hosting major events like Super Bowl in exchange for a $350 million renovation fund to be injected by Dolphins owner Steve Ross.

The deal requires Miami-Dade to pay the Dolphins $4 million for each Super Bowl and $3 million for each national championship game for a college …

March 12, 2014 NFL / Tax

Dolphins Owner Proposes New Deal to Fund Stadium Renovations

Miami Dolphins owner Steve Ross has come up with a new proposal to fund the $400 million renovations to Sun Life Stadium. Last year, Ross asked for government assistance to fund nearly all of the cost. However, now Ross says he is willing to privately finance the renovations if the team can stop paying property taxes on the stadium.

Ross has been pushing for government assistance since acquiring 95% ownership of the Dolphins in 2009. That push was heightened in 2012 when Miami was in …