Derek Jeter and Jeb Bush Trying to Buy Marlins

Written by Tyler Kepner at New York Times.com

Derek Jeter has always said that his long-term ambition was to own a major league team. Now, less than three years into his retirement, he appears to be closing in on his chance.

A group including Jeter and Jeb Bush, the former Florida governor and presidential candidate, has reached a tentative agreement to buy the Miami Marlins, according to two people briefed on the situation who requested anonymity because the deal is not official.

While the group still must demonstrate it has the necessary financing and must win approval from the owners, Major League Baseball is enthusiastic about the prospect of adding Jeter, the popular and polished former Yankees captain, to its ownership ranks.

Bloomberg first reported that the Jeter-Bush group was within reach of buying the team. The Miami Herald reported that the sale price would be $1.3 billion. There are said to be multiple members of the ownership group, but Bush, who failed in his bid to win the 2016 Republican presidential nomination, would apparently be the control person.

If that turns out to the be case, he will follow a path forged by his brother George W. Bush, who was managing general partner of the Texas Rangers from 1989 to 1994 before embarking on a political career that eventually led to the White House.

Derek Jeter has always said that his long-term ambition was to own a major league team. Now, less than three years into his retirement, he appears to be closing in on his chance.

A group including Jeter and Jeb Bush, the former Florida governor and presidential candidate, has reached a tentative agreement to buy the Miami Marlins, according to two people briefed on the situation who requested anonymity because the deal is not official.

While the group still must demonstrate it has the necessary financing and must win approval from the owners, Major League Baseball is enthusiastic about the prospect of adding Jeter, the popular and polished former Yankees captain, to its ownership ranks.

Bloomberg first reported that the Jeter-Bush group was within reach of buying the team. The Miami Herald reported that the sale price would be $1.3 billion. There are said to be multiple members of the ownership group, but Bush, who failed in his bid to win the 2016 Republican presidential nomination, would apparently be the control person.

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