Ross: “Well, I could pay a penalty if I don’t. But I intend on owning the Dolphins a lot longer than that. What was asked is that they don’t want to see me benefit and then sell the team and make all types of money. First of all, just in selling the team, you know me well enough to know what I want to do. I mean, everybody at first criticized when I first bought the team all the different things I wanted to do. First, I want to do one thing: I want to win. I want to be a first-class organization and I want to enhance the community and they all go together.”
Q: So will you continue to own the Dolphins even if this issue doesn’t work out?
Ross: “Yes. If I die, my family will have to sell it and then that’s where I worry about who’s going to be the buyer when you don’t have a facility to play in, and you have declining attendance and you’re losing money. That’s when you have to worry about the Dolphins being able to stay in Miami. OK? I’m not threatening I’m going to move them. But I can’t rule from the grave.”
Q: Can a future owner sustain the Dolphins here in this existing stadium without renovations?
Ross: “I don’t think so. If we’re winning and doing all the right things, the answer is yes. Will we be having marquee events? No. Would it be kind of a laughingstock? Yes.
“We put money in every year. I bought the team, we [renovated] the facility, we put in all brand new concession stands. We’ve tried to upgrade everything. But things go down geometrically. Right now the cost is $350 [million] to $400 million to modernize it and have it be tantamount to a new stadium. You wait 10 years, you’re talking having to spend a billion dollars. You pass the point of no return. So that’s why it’s important now rather than later. And we’ve timed it so that we actually get an event. I said don’t spend the hotelier’s dollars if we don’t get an event. That’s what it amounts to. It makes sense.”