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Thursday, September 28, 2017

It’s Official: MLB OKs Marlins Sale to Sherman-Jeter Group

Major League Baseball’s owners unanimously welcomed Bruce Sherman and Derek Jeter to the ownership ranks on Wednesday, approving the Marlins’ sale to the group led by the venture capitalist and the Yankees legend.

The vote was conducted via conference call. Approval is contingent upon the closing of the sale transaction with the Marlins’ current ownership, led by Jeffrey Loria. That is expected to take place within the next week.

Release the hounds!

Bote Man Posted: September 28, 2017 at 12:17 PM | 8 comment(s)
  Beats: jeter, marlins, ownership, sale, transactions

Friday, August 11, 2017

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

Sherman, 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.

But Jeter, the former New York Yankees star shortstop, will run the business and baseball sides of the organization, the source said.

RoyalsRetro (AG#1F) Posted: August 11, 2017 at 04:14 PM | 31 comment(s)
  Beats: derek jeter, jeffrey loria, marlins, sale

 

 

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