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Wednesday, April 19, 2017

WashEx: Jeb Bush looks to Derek Jeter to help buy Miami Marlins

What a team: Jeter couldn’t go to his left; Jeb! couldn’t go right. Sad!

Once rivals in their pursuit to purchase the Miami Marlins, former Florida Gov. Jeb Bush is teaming up with retired New York Yankees star shortstop Derek Jeter to bid for the baseball team.

Marlins owner Jeffrey Loria has been entertaining offers for the team, which moved to Miami in 2012 and changed its name from the Florida Marlins to the Miami Marlins. With Jeter and Bush, New York financier and manager of Quogue Capital, Wayne Rothbaum, have expressed interest in buying the team, according to the Miami Herald.

Bush, who ran an unsuccessful campaign to become the 2016 Republican presidential nominee, lives southwest of Miami in Coral Gables. Meanwhile, Jeter purchased a house in Tampa in 2014.

Stormy JE wanted to milk the soft power dividend Posted: April 19, 2017 at 09:01 PM | 21 comment(s) Login to Bookmark
  Tags: derek jeter, jeb, jeffrey loria, marlins, sad

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   1. fra paolo Posted: April 20, 2017 at 09:28 AM (#5438753)
which moved to Miami in 2012 and changed its name from the Florida Marlins to the Miami Marlins.


Wot?
   2. Stormy JE wanted to milk the soft power dividend Posted: April 20, 2017 at 09:39 AM (#5438763)
Miami Gardens is a northern suburb so technically the franchise did move to Miami, but yeah, it's an awkward description.
   3. Cargo Cultist Posted: April 20, 2017 at 10:02 AM (#5438779)
"I'll take prospective owners just slightly less offensive than that ******* Loria for $500, Pat."
   4. The Anthony Kennedy of BBTF (Scott) Posted: April 20, 2017 at 10:14 AM (#5438793)
Yeah, I gots zero problem with this. Though will Jeb be able to handle the high energy of the Marlins home run sculpture?
   5. eddieot Posted: April 20, 2017 at 10:26 AM (#5438806)
I look forward to the Mother's Day Derek Jeter Gift Basket giveaway.
   6. Brian C Posted: April 20, 2017 at 10:36 AM (#5438814)
"I'll take prospective owners just slightly less offensive than that ******* Loria for $500, Pat."

I think you mean "Alex". Unless you're also buying a vowel to solve for the word that was nannied out.
   7. Joyful Calculus Instructor Posted: April 20, 2017 at 10:41 AM (#5438825)
I look forward to Jeb Bush's poorly designed all-star ballots that trick a few thousand people into voting for Jake Buchanan.
   8. Bote Man Posted: April 20, 2017 at 10:49 AM (#5438838)
Loria might not be beloved by many fans, but there's an argument to be made that he is a shrewd businessman (who'da thunk it from an art collector??)

Is it possible that he sees the beginning of the end of the free cash pipeline as cord-cutting cuts deeper into the television profits that have fed these rich player contracts for a good while now? So he wants to sell high, take the money and run, and leave Jeter and Bush holding the bag?
   9. Joyful Calculus Instructor Posted: April 20, 2017 at 10:55 AM (#5438847)
Well if baseball revenues do go downhill soon, I expect Jeter to flip the team just in time.
   10. Stevey Posted: April 20, 2017 at 12:43 PM (#5438934)
I've got little love for Derek and Jeb, but as far as uber-rich old guys go (well, not old in Jeter's case), they probably are some of the blandest and least offensive of the bunch.

And isn't MLB well-positioned to deal with cord-cutting? MLBAM is doing so well that the NHL and PGA asked them to do the same for their sports, and they do the backend work for HBO and ESPN's streaming services. MLB is leading the charge to a cordcutting world.
   11. Bote Man Posted: April 20, 2017 at 01:03 PM (#5438959)
That's all well and good for MLBAM, but what about the 30 team owners who actually pay the players?
   12. Gonfalon Bubble Posted: April 20, 2017 at 01:13 PM (#5438977)
...and leave Jeter and Bush holding the bag?


Barbara Bush was our country's first lady, show more respect.
   13. Greg Pope Posted: April 20, 2017 at 01:26 PM (#5438996)
I think you mean "Alex". Unless you're also buying a vowel to solve for the word that was nannied out.

He also has a time machine. There hasn't been a $500 clue since 2001.
   14. Khrushin it bro Posted: April 20, 2017 at 01:30 PM (#5439008)
Well if baseball revenues do go downhill soon, I expect Jeter to flip the team just in time.


Wouldn't he jump throw the team to a new owner?
   15. PreservedFish Posted: April 20, 2017 at 04:08 PM (#5439186)
Loria might not be beloved by many fans, but there's an argument to be made that he is a shrewd businessman


I think there's also an argument to be made that every baseball team has been an extraordinary investment, no matter the owner's competence, and that Loria benefited very nicely from the playbook that Bud Selig and his closest friends put together on how to enrich one's self at the expense of taxpayers.
   16. Stevey Posted: April 20, 2017 at 04:23 PM (#5439195)
That's all well and good for MLBAM, but what about the 30 team owners who actually pay the players?


The MLB owners are the only shareholders in MLBAM. They're making money hand over fist from it.
   17. Balkroth Posted: April 20, 2017 at 07:56 PM (#5439328)
The MLB owners are the only shareholders in MLBAM. They're making money hand over fist from it.

Didn't Disney buy like a 30% stake in it or something like that for $1billion?
   18. Rob_Wood Posted: April 20, 2017 at 08:22 PM (#5439348)
I imagine I have told this story before but when I was in college, during the run-up to the 1980 election, Barbara Bush came to my college and gave a speech. George was out campaigning on his own (as Reagan's VP candidate) and they could cover more ground if they all split up and criss-crossed the country. I thought it was neat that they sent Barbara out on her own.

It was a fantastic experience. She was not a great or natural speaker (at the time) but spoke eloquently of her life and how good a man George was and how the nation needed a new direction. Everyone in the audience, no matter their political persuasion, was impressed by her. During the speech she only mentioned Reagan's name once or twice but she mentioned the Republican Ticket many times. It truly was a memorable experience.
   19. You Know Nothing JT Snow (YR) Posted: April 20, 2017 at 08:32 PM (#5439357)
Loria benefited very nicely from the playbook that Bud Selig and his closest friends put together on how to enrich one's self at the expense of taxpayers.


I suppose Mr. Steinbrenner did pay taxes, yes, so I'll allow it.
   20. Stevey Posted: April 21, 2017 at 12:00 AM (#5439537)
Didn't Disney buy like a 30% stake in it or something like that for $1billion?


They dis, mea culpa. So a $3.5B valuation. Not bad.
   21. RMc's Unenviable Situation Posted: April 21, 2017 at 07:42 AM (#5439568)
Low energy...gift baskets...?

I got nuthin'.

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