Steve Ross, Civic Association director, Chairman and founder of Related Companies, and Miami Dolphins owner, sat down for a Q & A session with Civic Association Director Bob Nederlander in front of a live audience of over 150 members Monday morning.

Topics were wide ranging from business, sports, and the many charities Mr. Ross supports.  Here are some highlights:

Steve Ross & Bob NederlanderReal Estate Development

Mr. Ross has a megaproject that will remake swaths of New York City from scratch. It’s called Hudson Yards and according to Mr. Ross they currently have 10 million square feet under construction. When completed there will be a total of 17 million square feet of commercial and residential space under design and development, including 5,000 apartments, five new office towers, department stores and a five-acre park. With a budget estimate at $20 Billion, his project is considered the largest mixed-used development ever in the United States.

Why and how does he take on these big projects, starting out and continuing as an affordable housing developer?  “I like making an impact in cities, to make them better for those that live and work there,” Mr. Ross said. “The business of real estate development is connecting the dots, getting all the resources together to make things happen.  That’s my passion.”

Civic Association Event Video [38 minutes 18 seconds]


Sports

What about the Dolphins’ tough record since he bought the franchise? “It’s a lot easier to succeed in business than it is to create a winning football team,” Ross said. “The NFL has a lot of rules and restrictions that limit you.  I’m going to get it right yet.”  Mr. Ross recently hired a new coach and he expects his young 37 year-old coach, Adam Gase, to be “…the next Bill Belichick, Bill Parcells, a really great head coach. In all my businesses, I like to hire young, brilliant, hard-working people to grow them and our organizations. In Adam I think we’ve got one.” 
 
Steve RossConcerning the latest news, movies, and talk about concussions, “If I had a child, I’d let him play,” Mr. Ross said. He’s pushing for research that could uncover genetic factors that make some people more susceptible to concussions and also mentioned the criticism the NFL gets in the media: “The New York Times is doing everything they can to kill the National Football League.”

Mr. Ross was asked about the future of soccer in the United States. He said he was pleasantly surprised to get over 70,000 fans to show up to an exhibition game between two top European teams Chelsea and AC Milan, in the Dolphins stadium during the summer so he decided to invest in it. 

He created the International Champions Cup which hosts top teams from around the world to play in the U.S., at our NFL and college football stadiums, in what is the equivalent of their pre-season. “I don’t think soccer will become a major spectator sport in this country for a long period of time,” Mr. Ross said. “That will take the best stars in the world to be in the U.S. to play.”  Most are now in Europe and other parts of the world.


Charities

When Mr. Nederlander brought up Mr. Ross’s charitable work, he led with RISE (Ross initiative in Sports for Equality). The Richie Incognito – Jonathan Martin mess Mr. Ross said, “This bullying incident was really a product of racism.” It  led Mr. Ross to become active in the Jackie Robinson Foundation on the board of directors and to launch RISE.

In addition, Mr. Nederlander brought up the $313 Million Mr. Ross has donated to University of Michigan, their alma mater. His donations are the largest gifts ever received by the university and they are split between the School of Business and U-M Athletics. "I have received enormous satisfaction from being able to give back to the institution that played such a critical role in my success,” said Mr. Ross. “I was thrilled to be able to offer much-needed scholarships to ensure we continue to attract the best and the brightest students to Michigan and provide them with the financial resources they need."

Mr. Nederlander closed the Q & A by saying “Thanks Steve for coming, I think you made some news today.”

Click Here to See the Gallery of Photos from the Event

 

Press About the Event

 

Clarifying Steve Ross' Quote on the Playoffs and Coach Adam Gase

As it turns out, Dolphins owner Steve Ross was misquoted regarding his comment about looking for a new coach if the Dolphins don’t make the playoffs in three years.

Ross, who was widely disparaged for what he said Monday while speaking to the Palm Beach Civic Association, wasn’t referring directly to newly named coach Adam Gase, if you listen to the full comment.

Ross was talking about the tone of the NFL, in general.

Check out the video [above] on the Palm Beach Civic Association website (the question is asked at the 12:17 mark; Ross’ quote about coaches starts at the 13:01 mark).

Read More (Sun-Sentinel)

 

New Miami Dolphins Coach Adam Gase Not on Three-Year Timetable to Win, Ross Associates Say

Stephen Ross created a bit of a stir Monday when he said this to the Palm Beach Civic Association:

“After three years, if we haven’t made the playoffs, we’re looking for a new coach. That’s just the way it is. The fans want it.”

That’s according to the Palm Beach Post, which was at the meeting.

But Ross was speaking broadly about NFL trends, and not Adam Gase specifically — associates of the owner tell the Miami Herald.

Read More (Miami Herald)

 

Dolphins Owner Talks Sports and More with Palm Beach Civic Association

Palm Beach resident Stephen Ross spoke to 150 members and guests of the Palm Beach Civic Association Monday during a breakfast meeting at The Colony. Ross was interviewed by friend and fellow Civic Association board member, Bob Nederlander, in a Charlie Rose-style format.

Read More (Palm Beach Daily News)

 

Dolphins Owner Stephen Ross Hopes Adam Gase Becomes His ‘Belichick’

Dolphins owner Stephen Ross is so high on Adam Gase that while addressing the Palm Beach Civic Association on Monday, he spoke of his new coach someday reaching the level of Patriots coach Bill Belichick.

Read More (Palm Beach Post)

 

Perkins: Dolphins Owner Steve Ross Deserves Applause for his Playoffs Expectations

Dolphins owner Stephen Ross is so high on Adam Gase that while addressing the Palm Beach Civic Association on Monday, he spoke of his new coach someday reaching the level of Patriots coach Bill Belichick.

Ross has lavishly praised Gase, 37, since hiring him Jan. 9, but this time went above and beyond.

“Instead of getting a retread that really hasn’t had a great track record as head coach, I was looking for somebody that really could be the next, if you will, Bill Belichick, Bill Parcells, you know, really great head coach, and I think we got one,” Ross said.

Read More (Sun-Sentinel)