Marlins expecting to finalize $1.3B deal to sell team to Jeb Bush, Derek Jeter group
Source: Miami Herald
Miami Marlins owner Jeffrey Loria has reached an agreement in principle to sell the team to a group led by former Florida Governor Jeb Bush and including former New York Yankees star Derek Jeter, pending Major League Baseball approval and other details still to be worked out in the drawing up and execution of a contract, an MLB source said Tuesday.
According to the source, Bushs group has agreed to pay $1.3 billion for the team.The source said the Marlins and the Bush group are very optimistic a deal will be finalized, but the process could take months to conclude.
Bush plans to be the Marlins "control person," the individual who would have ultimate control over franchise decisions, according to the source. Jeter, the former All-Star player who lives in Tampa, plans to take an active role with the franchise.
Bushs group includes at least five investors, and the identity of those other investors was not immediately known.
Read more: http://www.miamiherald.com/sports/mlb/miami-marlins/article146669364.html
I just heard this on the news radio station here (via a syndicated Bloomberg radio business report) and that reporter claimed that Kushner, and one of the Romneys was also bidding on this - they called it "a lot of Presidential influence" (paraphrase) or something to that effect.
Found the Bloomberg article - https://www.bloomberg.com/news/articles/2017-04-25/jeb-bush-derek-jeter-group-said-to-win-auction-for-miami-marlins
Ironically, the Phillies have a 3-game series with the Marlins here starting tonight (may get rained out though).
underpants
(182,938 posts)Never liked Jeter at all.
NewRedDawn
(790 posts)Yankee Fan since I was 3yrs old. 1961 Yankees M & M boys.
adigal
(7,581 posts)Had season tickets for about 50 or 60 years. Died right after they won again in 1996. I was raised on Yankee worship.'
But when Jeter took up with a 24 year old as a 40 year old man?? I lost all respect for him. What a tool. This just adds to my dislike of him.
Still In Wisconsin
(4,450 posts)bag of crap- you know, like his brother did with Sammy Sosa.
hibbing
(10,109 posts)All kinds of sleazy stuff went on down with that deal and "eminent domain" for the stadium.
Oh, and please clap.
Peace