The Marlins are "moving forward" in negotiations with the would-be ownership group headlined by Derek Jeter and Jeb Bush, according to Barry Jackson of the Miami Herald (links to Twitter). Major League Baseball still needs to approve the final contract, which has plenty of details to sort out.
According to multiple reports, the legendary shortstop - who donned the pinstripes for his entire career - is part of a group that will soon own the Miami Marlins.More news: Icky wax worms could offer solution biodegrading plastic bags
Jeter, who retired in 2014 after 20 seasons with the Yankees, has long talked about owning a franchise. Jeter's next goal could be helping the Marlins return to the postseason for the first time in 14 years. The person also wouldn't name the group's other investors, though Bush's network of donors to his unsuccessful presidential campaign was vast.
Per the Herald, Bush will be the "control person" with ultimate control over the Marlins while Jeter will have "an active role" with the team. Bush's brother, former President George W. Bush, was part-owner of the Texas Rangers from 1989 to 1998.More news: Larry Bird delivers Pacers' 2021 All-Star bid in an Indy car
Derek Jeter told his youth baseball and basketball teammates in Kalamazoo, Michigan, that he would become a New York Yankee, and they thought those were wild, big-city dreams.
That's all a bit confusing, but given how team sales tend to go - slowly, with pretty established and plugged-in sports business types deliberately reporting the progress of negotiations - Ozanian's report feels a bit more credible.More news: Caps win tight series over Leafs to set up rematch with Pens
Loria, who purchased the team for $158 million in 2002, was reported to be looking to sell the Marlins for more than $1 billion. The club has not had a winning season since 2009 and homegrown superstar pitcher Jose Fernandez died in a boating accident in September. They won a World Series the next year, and in 2012 they opened a $634 million ballpark, with some 80 percent of financing coming from the city of Miami and Miami-Dade County.