Report: Derek Jeter/Jeb Bush-led group wins auction for Marlins

 
Post new topic    LakersGround.net Forum Index -> Off Topic Reply to topic
View previous topic :: View next topic  
Author Message
Basketball Fan
Franchise Player
Franchise Player


Joined: 03 Feb 2004
Posts: 21508

PostPosted: Tue Apr 25, 2017 4:49 pm    Post subject: Report: Derek Jeter/Jeb Bush-led group wins auction for Marlins

http://www.msn.com/en-us/sports/mlb/report-derek-jeter-jeb-bush-led-group-wins-auction-for-marlins/ar-BBAmGvw

Quote:
Report: Derek Jeter/Jeb Bush-led group wins auction for Marlins


Derek Jeter and Jeb Bush recently teamed up in an effort to buy the Miami Marlins, and according to a report, they succeeded.

Scott Soshnick, who writes for Bloomberg, broke the news Tuesday.

BREAKING: Derek Jeter/Jeb Bush-led group wins auction for @marlins, source says. No purchase price given yet #sportsbiz #MLB
2:16 PM - 25 Apr 2017
707 707 Retweets 467 467 likes
“A group led by former Florida governor Jeb Bush and former New York Yankees captain Derek Jeter have won the auction for the Miami Marlins baseball team, according to a person with knowledge of the deal,” Soshnick wrote. “The person requested anonymity because the sale contract hasn’t been signed. The person declined to say how much the group paid for the team, which is owned by New York art dealer Jeff Loria.”

While no purchase price has been announced, it was reported earlier in the year that owner Loria had a deal in place to sell the franchise for $1.6 billion.

Jeter wasn’t the only former MLB star to have thrown his name into this particular hat. Tom Glavine had teamed up with Mitt Romney’s son (politicians have some cash, by the way) in pursuit of the same goal.

In the end, the Jeter/Bush combo reportedly proved too potent. The Bush family has gone down this road before, as former President George W. Bush owned the Texas Rangers from 1989-94.

Time will tell if this is a positive development for the Marlins, who have floundered under Loria in recent years.
Back to top
View user's profile Send private message Reply with quote
AY2043
Star Player
Star Player


Joined: 26 Feb 2012
Posts: 9336

PostPosted: Tue Apr 25, 2017 4:54 pm    Post subject:

Derek Jeter and Jeb Bush, a match made in heaven
Back to top
View user's profile Send private message Reply with quote
rwongega
Franchise Player
Franchise Player


Joined: 20 Jul 2005
Posts: 19781
Location: UCLA -> NY

PostPosted: Tue Apr 25, 2017 4:57 pm    Post subject:

Cant get any worse than Loria right?
_________________
http://media.giphy.com/media/zNyBPu5hEFpu/giphy.gif
http://bartsblackboard.com/files/2009/11/The-Simpsons-05x18-Burns-Heir.jpg

RIP Jonathan Tang
RIP Alex Gruenberg

Free KBCB
Back to top
View user's profile Send private message Reply with quote
DuncanIdaho
Franchise Player
Franchise Player


Joined: 26 Apr 2004
Posts: 14593
Location: In a no-ship

PostPosted: Tue Apr 25, 2017 5:08 pm    Post subject:

Dodgers ownership got a killer deal if the Marlins really sold for 1.6 billion.
Back to top
View user's profile Send private message Reply with quote
lakersken80
Retired Number
Retired Number


Joined: 12 Aug 2009
Posts: 28525

PostPosted: Tue Apr 25, 2017 5:42 pm    Post subject:

My guess is the real investors are the ones fronting the money while they are the public face. Kinda like Magic for the Dodgers.
Back to top
View user's profile Send private message Reply with quote
Huey Lewis & The News
Star Player
Star Player


Joined: 18 Dec 2015
Posts: 2817
Location: So what's the uh...topic of discussion?

PostPosted: Tue Apr 25, 2017 6:47 pm    Post subject:

please clap
_________________
"All wars are civil wars, because all men are brothers."
http://forums.lakersground.net/profile.php?mode=viewprofile&u=13018
Back to top
View user's profile Send private message Reply with quote
Basketball Fan
Franchise Player
Franchise Player


Joined: 03 Feb 2004
Posts: 21508

PostPosted: Tue Jul 11, 2017 3:15 pm    Post subject:

http://nba.nbcsports.com/2017/07/11/report-michael-jordan-joins-derek-jeters-bid-to-buy-miami-marlins/

Quote:
Report: Michael Jordan joins Derek Jeter’s bid to buy Miami Marlins


Michael Jordan’s fondness for baseball is well-documented. The greatest basketball player of all time even retired from the NBA for a couple years to play minor-league baseball.

Now owner of the Hornets, Jordan is trying to buy a share of another team – the Miami Marlins, as part of Derek Jeter’s bid.

Josh Kosman, Ken Davidoff and Claire Atkinson of the New York Post:

Interestingly, NBA great Michael Jordan is among a group of about 15 investors in the Jeter camp, sources said — although the ex-hoopster is said to be kicking in very little cash.

Jeter sees Jordan as a role model in how to become a successful sports executive, a source who knows Jeter said.

Jordan has successfully transitioned from playing to owning. He could help Jeter.

But Jeter reportedly wants control of the Marlins without contributing too much money. What are the odds Jordan has, or eventually develops, similar aspirations?
Back to top
View user's profile Send private message Reply with quote
rwongega
Franchise Player
Franchise Player


Joined: 20 Jul 2005
Posts: 19781
Location: UCLA -> NY

PostPosted: Tue Jul 11, 2017 3:20 pm    Post subject:

That a scumbag like Jeffrey Loria still comes out a winner in all this is a travesty.
_________________
http://media.giphy.com/media/zNyBPu5hEFpu/giphy.gif
http://bartsblackboard.com/files/2009/11/The-Simpsons-05x18-Burns-Heir.jpg

RIP Jonathan Tang
RIP Alex Gruenberg

Free KBCB
Back to top
View user's profile Send private message Reply with quote
Cutheon
Star Player
Star Player


Joined: 10 Jul 2009
Posts: 6815
Location: Bay Area

PostPosted: Tue Jul 11, 2017 3:26 pm    Post subject:

rwongega wrote:
That a scumbag like Jeffrey Loria still comes out a winner in all this is a travesty.


#merica
Back to top
View user's profile Send private message Reply with quote
Fan0Bynum17
Franchise Player
Franchise Player


Joined: 30 Nov 2005
Posts: 15374

PostPosted: Tue Jul 11, 2017 7:30 pm    Post subject:

Shocker
Back to top
View user's profile Send private message Reply with quote
Basketball Fan
Franchise Player
Franchise Player


Joined: 03 Feb 2004
Posts: 21508

PostPosted: Sat Aug 12, 2017 10:04 am    Post subject:

https://www.usatoday.com/story/sports/mlb/2017/08/11/marlins-sale-derek-jeter/560661001/




Quote:
Derek Jeter is about to become a co-owner of the Miami Marlins.

Marlins owner Jeffrey Loria has agreed to sell the franchise for $1.2 billion to the New York Yankees legend and his group led by New York businessman Bruce Sherman, a directly involved with the sale confirmed to USA TODAY.

The person spoke on condition of anonymity because the sale is not complete

The Miami Herald was the first to report the Sherman-Jeter group was in agreement with Loria.

The agreement is expected to be completed on Friday and submitted to Major League Baseball, which likely will not vote on the transaction at next week's owners' meetins in Chicago.

Jeter, who is expected to contribute about $25 million in the sale, is expected to run the Marlins' baseball and business side, according to the Herald, with Sherman serving as the club's "control person" regarding all matters relating to MLB and the central office.

Loria, 76, bought the Marlins for $158.5 million in 2002 from John Henry. The Marlins won the World Series in 2003 but haven't reached the playoffs since, the longest current drought in the National League.
Back to top
View user's profile Send private message Reply with quote
lakersken80
Retired Number
Retired Number


Joined: 12 Aug 2009
Posts: 28525

PostPosted: Sat Aug 12, 2017 12:04 pm    Post subject:

Somebody actually decided to give Jeter full control of the business and baseball side with his contribution of only $25 million?
Back to top
View user's profile Send private message Reply with quote
jonnybravo
Franchise Player
Franchise Player


Joined: 21 Sep 2007
Posts: 23076

PostPosted: Sat Aug 12, 2017 12:15 pm    Post subject:

DuncanIdaho wrote:
Dodgers ownership got a killer deal if the Marlins really sold for 1.6 billion.


Yep and it was widely panned by "experts" far and wide as wildly overpaying.

http://www.espn.com/los-angeles/mlb/story/_/id/7747848/economist-2b-los-angeles-dodgers-makes-no-sense

http://www.foxbusiness.com/features/2012/03/28/are-dodgers-really-worth-215-billion.html

Loved how these idiot economists apply their education to something like the purchase and sale of sports teams. Completely inapplicable.
_________________
All Aboard the Paul George 2018 Train. CHOO CHOO!
Back to top
View user's profile Send private message Reply with quote
LAkers 4 Life
Franchise Player
Franchise Player


Joined: 12 Apr 2001
Posts: 13843

PostPosted: Mon Aug 14, 2017 5:05 pm    Post subject:

rwongega wrote:
That a scumbag like Jeffrey Loria still comes out a winner in all this is a travesty.


Just like those worthless Boston carpetbaggers the McCourts. Maybe MLB should vet their potential owners a bit better.

Loria has made out like a bandit wherever he went, from screwing Montreal out of the Expos with Bud Selig to screwing Miami as an owner. Somehow this cockroach will probably find his way onto another team to exploit.
Back to top
View user's profile Send private message Reply with quote
Display posts from previous:   
Post new topic    LakersGround.net Forum Index -> Off Topic All times are GMT - 8 Hours
Page 1 of 1
Jump to:  

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum






Graphics by uberzev
© 1995-2010 LakersGround.net. All Rights Reserved. Privacy Policy. Terms of Use.
LakersGround is an unofficial news source serving the fan community since 1995.
We are in no way associated with the Los Angeles Lakers or the National Basketball Association.


Powered by phpBB