Image Credit: Jim Larrison (CC BY 2.0)
Hard Rock Stadium, home of the Miami Dolphins, has undergone one of the most dramatic structural changes in NFL stadium history over the last few seasons. The millions of dollars in renovations have drastically improved the venue’s revenue; nearly 40% from the previous fiscal year. Moving forward, Hard Rock Stadium’s profits are expected to rise by 2% each year for the next ten years and 2.5% annually thereafter.
The most notable change to Hard Rock Stadium’s structure is the canopy that protects the four sides of the stadium’s upper level from the sun. New teal seats were installed throughout the stadium, and various upgrades were made to the stadium’s premium seating areas. Hard Rock Stadium’s expenditures increased by more than 30% during the 2017-2018 Miami Dolphins season. Hard Rock Stadium will host Super Bowl LIV in 2020, and the NCAA college football national title game in 2021.
Hard Rock Stadium has been home to the Miami Dolphins since 1987 and is one of the oldest stadiums in the National Football League. The Miami Dolphins will also be constructing a practice facility near Hard Rock Stadium and is scheduled to open in 2020. The team currently practices out of a facility at Nova Southeastern University. Both the Miami Dolphins and Hard Rock Stadium are owned in principal by billionaire Stephen M. Ross.
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