MIAMI (AP) -- A person familiar with the situation says Miami Dolphins owner Stephen Ross is set to announce he's going to pay for up to $400 million in renovations to the team's stadium, which will help keep South Florida competitive in bidding for Super Bowls and college football's championship games.
The person spoke to The Associated Press on condition of anonymity Monday because Ross hasn't spoken publicly about his plan. The person said Ross is talking with Miami-Dade County Mayor Carlos Gimenez about the plan.
The person said Ross has decided to pay for the work himself because Super Bowl applications are due in August and he wants to get the process started. Renovations will include a canopy to shade seats that are now exposed.
According to the Miami Herald, the Dolphins want to turn the property over to Miami-Dade County and stop paying property taxes for Sun Life Stadium in exchange for privately funding the renovation.