Jeffrey Loria to sell the Marlins to a group including Jeter and MJ

[DJ Fieri]

Loria agrees to sell Miami Marlins to Sherman and Jeter, source says

"Miami Marlins owner Jeffrey Loria has agreed to sell the franchise for $1.2 billion to a group led by New York businessman Bruce Sherman and former New York Yankees star Derek Jeter, according to a New York based MLB source.

The Marlins and the Sherman/Jeter group finalized their purchase agreement on Friday night and it was forwarded to Major League Baseball, sources said. The deal ultimately must be approved by three-quarters of MLB's 30 owners.

Sherman, 69, a wealthy venture capitalist who has a home in New York and is building a home in South Florida, will be the “control person,” similar to a managing general partner."

 

[DJ Fieri]

Didn't see this posted anywhere.

 

[The Q]

This is great news.

Although we'll see how well Jeter does controlling baseball ops.

 

[richig07]

Didn't see this posted anywhere.

Yeah, I only posted it 7 hours before you.

Always a bit behind, aren't ya DJ? Just like in school, I take it.

 

[black francis]

I wonder if Jeter would a pay a slap hitting weak fielding SS the same amount of money he was paid by Steinbrenner