Daily Local News (West Chester, PA)
Loria close to selling Marlins
MIAMI >> The Kushner family, which already has close ties to the White House, may soon move into Major League Baseball.
Joshua Kushner, whose older brother is an adviser to President Trump, has a preliminary agreement to buy the Miami Marlins for about $1.6 billion, a person with direct knowledge of the negotiations said Friday.
The person spoke to The Associated Press on condition of anonymity because the Marlins and owner Jeffrey Loria have not commented publicly on negotiations.
The preliminary agreement preceded due diligence by Kushner, the person said, adding the final offer could be much lower than $1.6 billion. Other parties are also interested in buying the Marlins, and Loria might reopen negotiations with them.
Kushner, 31, is a New York City businessman and investor and part of the real estate family that also includes Jared Kushner, Donald Trump’s son-in-law and an adviser to the president. Joshua is Jared’s younger brother.
Jared Kushner, who is married to Ivanka Trump, is not believed to part of the effort to the buy team. Neither is the Kushners’ father, Charles, who ran the family real estate firm until he went to prison for tax evasion, making illegal campaign contributions and witness intimidation.
“Under Major League Baseball rules, the Commissioner’s Office must be informed of any conversations about a potential sale,” Major League Baseball said in a statement Thursday. “The Commissioner’s Office has not heard directly or indirectly of any conversation involving Charles Kushner.”
Any sale must be approved by at least threequarters of Major League Baseball teams.
Kushner’s interest in the Marlins became public Friday as players gathered for a series of community events before spring training starts next week.