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nsucurrent.com September 26, 2017


Marlins' Mattingly says he talked to Jeter about ownership

08 April 2017, 07:14 | Shelley Chandler

Al Bello / Getty Images

Feb 19 2016 Greenville SC USA Republican presidential hopeful Jeb Bush speaks to supporters at the Kroc Center. Mandatory Credit Heidi Heilbrunn  The Greenville News via USA TODAY NETWORK

A Fox Business report claims the former Yankees All-Star is interested in buying the Marlins from owner Jeffrey Loria.

Those involved in the bidding process have reportedly said the franchise's price tag could be anywhere from $800 million to $1.6 billion.

Jeter, who capped his playing career in 2014 and is expecting his first child with wife Hannah Davis, is being represented by veteran Wall Street executive and former Morgan Stanley brokerage chief Gregory Fleming. His brother, former president George W. Bush, was a co-owner and managing partner of the Texas Rangers in the 1990s.

So, other than getting something steady at the local deli, owning a baseball team is probably as good a fit as any for the future Hall of Fame shortstop. Loria bought the Marlins for $158 million in 2002 as part of a three-way swap also involving his former team, the Montreal Expos, former Marlins owner John Henry, and the team Henry ended up with, the Boston Red Sox. Jeter made more than $250 million in his career, so he may be wealthier than Bush (if he invested well, or at least not poorly) but he also doesn't have enough money to buy an Major League Baseball team, even the Marlins. Former Presidential candidate Mitt Romney was rumored to be part of a group looking to buy the team a year ago.




Fox Business also reports that a third group-which consists of several businessman-is in the mix, and that it has the financial backing of Goldman Sachs. That deal apparently fell apart with still more reports that the Trump administration was considering Loria for an ambassadorship to France.

One of the many headlines leading up to the 2017 Major League Baseball season has been the potential sale of the Miami Marlins and the prospective bidders who might be interested in acquiring the two-time World Series victor. "But the commitment to Miami that I feel, that we feel, never wavered".

Marlins fans would likely embrace just about any new owner over Loria, who has gained a reputation as one of Major League Baseball's more reviled figures. "From that standpoint, I think it'd be pretty easy".



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