By Anthony Caruso III | Publisher
On the field at Marlins Park in Miami, Florida, New York Yankees phenom Aaron Judge dominated the stage, as the rookie sensation won the Home Run Derby. Now, a short time after he won, it appears like the Marlins will have a new owner.
Derek Jeter, the Yankees icon, was once considered to not have enough money to buy the team. However, according to the latest report by The Score, Jeter’s team is close to an agreement for $1.2 billion.
This is considered a very fluid situation, according to the New York Post, which broke the news. Jeter, who made his career in the Big Apple, will purchase the team, along with his investors, from New York art dealer Jeffrey Loria.
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Jeter’s group reportedly includes 15 investors, including Bruce Sherman and Michael Jordan. Yes, the NBA legend and Charlotte Hornets owner.
The future MLB Hall of Famer was a Jordan Brand athlete when he was a player. In addition, it’s believed that Jeter looks up to Jordan also in the executive/ownership role.
Loria was reportedly looking to seal the deal at $1.3 million. With no offers in that range, it appears like he’s willing to take less to rid his hands of the franchise.
The process could be completed as soon as next week.
After selling the Montreal Expos, Loria re-entered ownership with the purchase of the Marlins on February 12th, 2002.
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One year later, Loria was the owner when the Marlins defeated the Yankees to win the 2003 World Series. However, since that time, the Marlins failed to make the playoffs.
The team under Loria always seemed to sell off their best players instead of keeping them around for the long haul.
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