Friday, 15 December, 2017

Group headed by Derek Jeter to buy Miami Marlins

Jeter poised to take the next step Derek Jeter-Led Investors Group Purchases The Miami Marlins
Lucia Summers | 13 August, 2017, 02:42

An investment group led by a NY businessman and Players Tribune editor-in-chief Derek Jeter has made the winning bid to buy the Miami Marlins, according to multiple reports. This could signify a potential rebirth for one of baseball's more hapless franchises.

Venture capitalist Bruce Sherman is the group's main investor and he'll play a similar role to a managing partner, according to Jackson. No word on how much Jordan will be putting in the pot, but regardless of how much he contributes, it's safe to say that the Miami will soon be a Jumpman city.

FILE - In this May 14, 2017, file photo, former New York Yankees player Derek Jeter waves to fans during a ceremony retiring his number at Yankee Stadium in New York.

The Marlins are not contending for a playoff spot now, but could be a playoff team next season with the right additions. That said, Major League Baseball loves the involvement of Jeter, who has an wonderful record of winning and pristine reputation.

Trump aide says Tillerson's role is diplomatic, not military
Turnbull added: "If North Korea decides to carry out some of its violent threats, then obviously bad consequences will follow". The UN Security Council on August 5 voted unanimously to impose new sanctions on North Korea .

But Samson defended Loria, who has owned the team - now in its 25th season - longer than predecessors Wayne Huizenga or John Henry combined. The Marlins owner acquired a reputation as a cheapskate who was more obsessed with making a profit than fielding a winning baseball team.

Heyman reports that Mas could invest up to $300 million, giving him a significant share within the franchise.

However, it may be too early for Miami fans to celebrate just yet. They'll discuss the Marlins next week in Chicago at a meeting but aren't likely to vote on the matter for another few weeks.

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