Marc Anthony has become the latest celebrity musician to buy a stake in the Miami Dolphins. The announcement was made during a press conference July 21 in New York City, together with the Dolphins' owner and managing general partner, Stephen M. Ross.

Marc Anthony declined to specify just how much of a stake he had purchased in the team but said he is now an owner/general partner, although not a majority owner.

Although Anthony said he plans on being a "hands-on" partner, he did clarify that the deal "has nothing to do with music. This was a business venture I was lucky enough to come by," he told Billboard. "It's a once in a lifetime chance to own part of a storied franchise."

Anthony joins a Dolphin's celebrity ownership roster that also includes Gloria and Emilio Estefan. In addition, two months ago, the Dolphins announced a stadium naming deal with Jimmy Buffett's licensed beer, LandShark Lager. As a result, the Dolphins will play their 2009 season at the renamed LandShark Stadium.

As part of that deal, Buffett will perform two concerts at the stadium and the team will open a Margaritaville section on the premises.