Tech Billionaire Purchases Miami Dolphins Stake at Record $12.5B Valuation

Chinese-American technology mogul Lin Bin has acquired a minority ownership stake in the Miami Dolphins, setting a new record for NFL team valuations at $12.5 billion. The Xiaomi co-founder, who earned his master's degree from Drexel University, purchased a 1% share in the holding company that controls the team and its assets.

A Chinese-American technology mogul has made headlines by acquiring a minority ownership position in the Miami Dolphins, establishing a new benchmark for NFL franchise valuations at $12.5 billion, according to Tuesday reports from Sportico.

Lin Bin, who co-founded smartphone giant Xiaomi, has secured a 1% ownership interest in the holding company that controls not only the Dolphins franchise but also Hard Rock Stadium, the Formula 1 Miami Grand Prix, and a portion of the Miami Open tennis championship.

This transaction surpasses the previous record for minority ownership deals, which stood at $10 billion when the Koch family acquired a 10% share of the New York Giants last October.

The National Football League’s finance committee has given its blessing to Bin’s acquisition, with full approval from team owners anticipated during their annual gathering scheduled for late March.

The consumer electronics entrepreneur serves as vice chairman of Xiaomi, the Beijing-based smartphone manufacturer he helped establish. Forbes currently places his wealth at approximately $10.3 billion, positioning him at number 305 on their real-time list of global billionaires.

Bin’s professional background includes engineering positions at both Google and Microsoft following his completion of a master’s degree in computer science from Drexel University.

Dolphins owner Stephen Ross has previously completed two separate transactions, both valued at $8.1 billion, selling a 10% stake to Ares Management and a 3% portion to Brooklyn Nets ownership group members Joe Tsai and Oliver Weisberg.

The franchise struggled through a disappointing 7-10 season in 2025, leading to major organizational changes after failing to reach the playoffs for consecutive years. The team brought in Jeff Hafley to replace head coach Mike McDaniel and appointed Jon-Eric Sullivan as their new general manager.