Jeter part of group set to buy MLB’s Marlins
The Miami Marlins told Major League Baseball they intend to sign an agreement to sell the team to a group that includes former New York Yankees star Derek Jeter, a person familiar with the negotiations said Friday. Jeter would be a limited partner in the group led by venture capitalist Bruce Sherman, said the person. The person said MLB was told owner Jeffrey Loria’s sale price will be about US$1.2 billion to the group, which includes more than 10 entities. Jeter would be in charge of baseball operations, said the person, who added the Marlins told MLB they intended to sign the sale agreement Friday night.