Wednesday, 24 October, 2018

Jeter, Bush join forces in bid to buy Marlins

New York Yankees’ Derek Jeter speaks to the media after the last baseball game of his career against the Boston Red Sox at Fenway Park in Boston. A person familiar with the situation tells The Associated Pr Jeter, Bush join forces in bid to buy Marlins
Kristopher Love | 20 April, 2017, 06:04

A person familiar with the situation says former New York Yankees star Derek Jeter and former Florida Gov. Jeb Bush have joined forces in their attempt to buy the Miami Marlins. The other is a NY financier named Wayne Rothbaum, manager of Quogue Capital. Jeffrey Loria, the Marlins' current owner, is reportedly seeking more than $1.5 billion.

Bush now resides in Coral Gables, Fla., following his unsuccessful presidential campaign past year.

Forbes has previously valued the team at $940 million, good for 25th out of 30 teams.

The recently married Jeter has long talked about his goal of owning a baseball team following his playing career, which finished in 2014. "In my mind he'll always be a Yankee", Girardi said. "I'm interested in the helping the game grow". His brother George also co-owned the Texas Rangers at one point during the '90s.

The Associated Press is citing a person familiar with the partnership. They initially had competing interests in pursuit of the team.

Loria is now seeking a suitor to buy his franchise. However, they have chose to team up.