Stephen Ross, a New York real estate billionaire, became the majority owner of the Miami Dolphins on Tuesday, completing his purchase of 95 percent of the team for $1 billion. Wayne Huizenga, the previous majority owner, retained a 5 percent interest. The agreement completed a deal forged in February. Ross bought 50 percent of the franchise, Dolphin Stadium and surrounding land from Huizenga for $550 million, with an agreement that Ross would later become managing general partner. Ross closed o…

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