The Miami Dolphins will not be playing in this week’s Super Bowl LIV — far from it. But the Dolphins will be close to the action none the less, given that the San Francisco 49ers and Kansas City Chiefs will be squaring off at Hard Rock Stadium in Miami Gardens.
The benefits (and cost) of playing host to the biggest game in football are expansive — but we now know one added conus that the Dolphins and owner Stephen Ross will receiver for their efforts in bringing Super Bowl LIV to life thanks to a report from the Miami Herald.
The Herald’s Rob Wile detailed last week all of the notable economic impacts the Super Bowl will bring to South Florida — including one bonus due to the Miami Dolphins.
According to Wile, the Miami Dolphins will receive a $4 million bonus from Miami-Dade county for hosting the Super Bowl. That bonus, which was brokered by Ross and the rest of Miami’s ownership during the team’s most recent extension of the Dolphins’ subsidy agreement. It’s part of a total taxpayer commitment that could swell as large as $20 million when it is all said and done.
The Super Bowl, of course, is a premiere event. And the cash flow seen throughout the build up to the week is enough to make your head spin. But for Ross and the Miami Dolphins, the game means the Dolphins get to cash out on the bet they placed on themselves with all of the significant upgrades to Hard Rock Stadium in recent years.
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