Former World Series MVP Derek Jeter and former Florida Governor Jeb Bush have reportedly won the bidding for the Marlins, according to a Bloomberg report.
According to Barry Jackson of the Miami Herald, the deal is worth around $1.3 billion, and Bush will have the largest ownership role.
More details on Marlins sale,per source:There is agreement in principle, pending MLB approval & contract details.$1.3 billion price for team— Barry Jackson (@flasportsbuzz) April 25, 2017
... And this: I am told that Jeb Bush will be control person, though group has more than 5 investors. Jeter plans active role.— Barry Jackson (@flasportsbuzz) April 25, 2017
Forbes had reported earlier today that Jeter and Bush were the only people who were still interested in buying the team.
It was reported all the way back in February that current owner Jeffrey Loria had a handshake agreement to sell the Marlins, but the deal never went through. However, the rumors stuck that Loria was still looking to sell the team.
It was reported last week that Jeter and Bush, who were both rumored in the possible sale, would join forces to try to buy the team.
Money has been the big issue for the two, as it was also reported that the two were still looking for money to buy the team, but the important detail is that a deal has finally been struck.
Nothing is official yet, but it looks like the Marlins could soon have new ownership.
Now, it’s time to please clap.