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The latest trend for celebrities in South Beach is not purchasing a condo on Ocean Drive or buying the hot new sports car.
Nope, it’s becoming part owner of the Miami Dolphins.
Fergie of the Black Eyed Peas was approved this week at the NFL owners meeting in Boston to become the latest limited partner the Miami Dolphins franchise.
Joining Fergie (aka Stacy Ann Ferguson) in the owners box at Land Shark Stadium are Venus & Serena Williams, Marc Anthony, Jimmy Buffett and Emilio & Gloria Estefan.
The deal won’t be official until Fergie returns from touring in Australia and signs the papers.
Dolphins owner Stephen Ross, who purchased 95 percent of the team for $1.1 billion from H. Wayne Huizenga in January, has done more for minority and women ownership in nine months than other owners have done in the NFL’s 89-year history.
The 69-year-old real estate tycoon is not worried about pleasing the other owners in the league.
"We've eliminated the exclusivity of it being an all-white man's club," said Ross. "That's what I want people to feel. We want you. I don't know how they think. I'm not looking to be where everybody else is. I want to write my own script."
So far, Ross is writing a script with a Hollywood ending.
Meanwhile Rush Limbaugh, who attempted to become a minority owner of the St. Louis Rams this week, is thinking if only he sang the hook of "My Humps," that he would have stood a chance at approval.
What sports team would you like to own? Chime in below!