Jeter, Bush join forces in bid to buy Marlins

Apr 20, 2017, 08:46
Jeter, Bush join forces in bid to buy Marlins

A pair of high-powered bidders are reportedly joining forces to try and purchase the Miami Marlins.

The Miami Herald first reported Wednesday that the former Yankees shortstop has teamed up with former Florida Governor Jeb Bush in an effort to buy the team from Jeffrey Loria, who is considering selling at the end of the season.

Marlins owner Jeffrey Loria has been fielding offers for the team, and the Miami Herald says the stiffest competition for Jeter and Bush is from Wayne Rothbaum, manager of Quogue Capital in ny. Reports emerged in December that he's looking for $1.7 billion for the team.

In its 2017 franchise value rankings, Forbes has the Marlins worth $940 million, 25 among 30 Major League clubs. Loria bought the team in 2002 for $158.5 million. A Fox Business report believed the bidding "could range anywhere between $800 million and $1.6 billion".

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Bush of course is from a famed political family with his father and brother both serving as president.

The captain and the politician have united.

The recently married Jeter has long talked about his goal of owning a baseball team following his playing career, which finished in 2014. While his most recent run for president didn't go as expected, he has strong ties to Florida.