Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo

News

All News | Prime News

Old-School Newsstand


Contributors

Jim Furtado
Founder & Publisher
Repoz
Editor - Baseball Primer

Syndicate

Franchise Sale Newsbeat

Thursday, February 09, 2017

Miami Marlins Claim To Have $1.6 Billion Handshake Agreement For Team

Two sources who spoke on the condition of anonymity said that Miami Marlins president David Samson has said that there is a $1.6 billion “handshake agreement” for the MLB team. Jeffrey Loria paid $158 million for the baseball team in 2002.
...
My sources would not say who the $1.6 billion handshake agreement was with other than he is a real estate developer based in New York City. The problem, according to these sources, is the potential buyer is not liquid, meaning he does not have the cash to buy the Marlins because his net worth is tied up in real estate. Thus, for the real estate developer to purchase the Marlins would likely require more debt than MLB would be comfortable with.

Jim Furtado Posted: February 09, 2017 at 01:54 PM | 11 comment(s)
  Beats: franchise sale, marlins

 

 

News

All News | Prime News

Old-School Newsstand


BBTF Partner

Support BBTF

donate

Thanks to
Jim Wisinski
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogSouthern hospitality: Braves unveil new SunTrust Park food | FOX Sports
(17 - 1:49am, Mar 25)
Last: Misirlou doesn't live in the restaurant

NewsblogOT - March 2017 NBA thread
(815 - 1:35am, Mar 25)
Last: tshipman

NewsblogOT: NCAA March Madness 2017
(253 - 1:12am, Mar 25)
Last: CFBF Was Killed By The Mad Queen

NewsblogOT: March-April 2017 Soccer Thread
(170 - 1:00am, Mar 25)
Last: cmd600

NewsblogFortune magazine crowns Theo Epstein 'world's greatest leader'
(31 - 12:53am, Mar 25)
Last: cardsfanboy

NewsblogRays to sign catcher Derek Norris
(3 - 12:36am, Mar 25)
Last: Joyful Calculus Instructor

NewsblogHeyman: 30 Potential Breakout Players For 2017
(18 - 12:35am, Mar 25)
Last: cardsfanboy

NewsblogOTP 20 March 2017: This fighter for civil rights has baseball in her DNA
(1910 - 12:23am, Mar 25)
Last: Gonfalon Bubble

NewsblogReport: Former Bulls GM Jerry Krause dies at 77
(65 - 12:10am, Mar 25)
Last: jobu

NewsblogRays, Kevin Kiermaier nearing $50 million extension
(3 - 11:02pm, Mar 24)
Last: villageidiom

NewsblogIan Kinsler Performs Damage Control After Racially-Infused Comments
(139 - 9:16pm, Mar 24)
Last: Howie Menckel

NewsblogDetroit Tigers' J.D. Martinez will be out 3-4 more weeks
(1 - 8:42pm, Mar 24)
Last: Chris Fluit

NewsblogWhy DFA is the WTF of baseball and how one player fought back
(22 - 8:07pm, Mar 24)
Last: Greg K

Hall of MeritSam Rice
(43 - 7:48pm, Mar 24)
Last: Dr. Chaleeko

NewsblogPirates' Jung Ho Kang reportedly denied visa to enter U.S. after DUI conviction
(27 - 7:09pm, Mar 24)
Last: The Duke

Page rendered in 0.9539 seconds
45 querie(s) executed