Sports

The Miami Dolphins announced NFL approval of a 1% minority stake sale to Xiaomi co-founder and vice chairman Bin Lin, with the transaction implying a $12.5 billion valuation across the Dolphins, Hard Rock Stadium, the Formula 1 Crypto.com Miami Grand Prix, and the Miami Open. The Dolphins characterized this as the highest valuation in professional sports history. Key details including the cash purchase price, governance terms, and confirmed closing date remain publicly undisclosed, with sources offering conflicting accounts of whether the transaction has formally closed.

Vinik Sports Group and Benchmark International renamed the Tampa Bay Lightning's home venue from AMALIE Arena to Benchmark International Arena on August 13, 2025, under a multi-year naming-rights deal whose exact term and financial value were not publicly disclosed by either party. The agreement includes a confirmed $3 million contribution to nonprofits focused on food insecurity, education, and health and wellness over the life of the deal. Phased signage and interior changes are scheduled to debut before the 2025–26 Lightning season.

Jordan Spieth, Michael Thorbjornsen, Kurt Kitayama, Jake Knapp, and Michael Kim each shot a bogey-free or clean 65 to share the opening-round lead at TPC Southwind. Spieth entered the event ranked 54th in FedExCup standings, four spots outside the top-50 cutoff required to advance to the BMW Championship, meaning his final standing after 72 holes carries direct playoff consequences. No conventional cut applies; advancement is determined entirely by FedExCup position after the full tournament.