MIAMI -- Marlins owner Jeffrey Loria reportedly has reached an agreement to sell the club to a group led by former Yankees great Derek Jeter and Bruce Sherman, a New York-based financier, according to a report from MLB Network insider Ken Rosenthal. The Miami Herald first reported the deal.
The sale would reportedly be for $1.2 billion, and under new ownership, Sherman would be the "control person," with Jeter becoming CEO. Michael Jordan is also a member of the purchasing group, according to the Herald's report.
 
 Derek Jeter-led group agrees to buy Marlins
 
 
Before Miami faced the Rockies on Friday night at Marlins Park, manager Don Mattingly spoke generally of Jeter, the person, the player and potential leader of a franchise.
"I can always talk about Derek," said Mattingly, who played his entire career for the Yankees. "Derek is easy to talk about. He's someone I've known since he first stepped onto a Major League Spring Training. Derek has been successful in everything he's tried to do.
"What Derek has been able to do in his career, who he is as a person, there's nothing in it that leads you to believe he's not going to be successful, as far as really anything he wants to do."
The Marlins announced at the start of Spring Training that Loria was open to selling the team he has owned since 2002.
In recent months, several groups have been connected to purchasing the club, including South Florida billionaire Jorge Mas; Tagg Romney, son of Mitt Romney, the former Massachusetts governor and 2012 Republican Party presidential hopeful; and former Florida Governor Jeb Bush. At one point, Bush and Jeter joined forces.
Sources have told MLB.com that Loria's preference from the start of the process was to sell to a group that included Jeter.
Loria gained control of the Marlins in 2002, and the franchise won its second World Series title the following season, beating Jeter and the Yankees in six games.
The Marlins have not been to the playoffs since their 2003 championship, and the organization has not had a winning season since '09.
The foremost challenge for the next ownership group would be determining which direction the franchise should head. The Marlins entered Friday night at 53-60. While Giancarlo Stanton has been on a home run streak, pacing the Majors with 39, the organization lacks depth.
The foremost challenge for the next ownership group would be determining a direction for the franchise. One key question for new ownership would be whether to rebuild or to try to build around a talented core that includes Giancarlo Stanton, Marcell OzunaChristian Yelich andJ.T. Realmuto.
Joe Frisaro/ MLB.com
 

Comments are closed.