Jeffrey Loria selling Marlins

Jeffrey Loria selling Marlins to group led by Derek Jeter for $1.2 billion

Miami Marlins owner Jeffrey Loria has agreed to sell the team for $1.2 billion to a group led by New York Yankees legend Derek Jeter and New York businessman Bruce Sherman, the Miami Herald reported on Friday. Major League Baseball is expected to receive the written agreement on Friday.

The group has up to 16 investors that have helped them raises the necessary funds. That group is reported to include NBA Michael Jordan, whose friendship with Jeter has been well […]