Stephen Ross has no plans of selling the Dolphins.
But if he ever does -- or when he passes away -- New York-based real estate star Bruce A. Beal Jr. will have the right of first option to buy one of the NFL's flagship franchises.
Ross, 75, is in great health. But the real estate tycoon, who bought the Dolphins for $1.1 billion in 2008, wanted to set up a succession plan should that ever change.
The agreement, which league owners approved at the NFL's annual meeting last month, was first reported by CBSSports.com. The Miami Herald has since confirmed the report.
Read more here:
http://www.miamiherald.com/sports/nfl/miami-dolphins/article70619482.html#storylink=cpy
