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Miami Marlins Owner Jeffrey Loria Sells Marlins To Group Led By Derek Jeter

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Benwin's picture
August 11, 2017 at 5:04pm

From the report:

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, and Major League Baseball is expected to receive the written agreement on Friday, according to a New York based MLB source.

The Sherman/Jeter group has about 16 investors and they have raised the money to purchase the team after months of seeking investors to meet Loria’s asking price, the source said.


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