Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Losing Revenue Sharing Could Cut A's Payroll More 'Canes Allowed To Withhold Some Financial Figures TFC Becoming MLS' Premier Franchise? Rockets Hire E-Sports Front Office Exec Orioles To Keep Season-Ticket Prices Flat Blackhawks Reward Fans For Watching At Bars A's Ballpark Talks To Pick Up Pace With New CBA? 76ers Postpone Game Due To Moisture On Court
STEP RIGHT UP: NEW PALM BEACH BIDDER ENTERS MARLINS PICTURE
Published August 7, 1998
Palm Beach business exec John Henry "has made an offer to purchase the Marlins from Wayne Huizenga," an exec from Henry's Boca Raton office said Thursday, according to Barry Jackson of the MIAMI HERALD. David Fry, Henry's investment officer, confirmed the offer, but declined further comment. Henry also declined comment. Henry's offer, "submitted recently, is believed to have been" in the $135-140M range -- short of Huizenga's $165M asking price. The initial offer "was rejected," and negotiations "are ongoing, but the sides do not appear close to an agreement." If he buys the Marlins, Henry would be required to sell his 1% interest in the Yankees. In other news, Bacardi Martini USA said that it has decided not to invest in agent Joe Cubas' group, which is considering a bid for the team (MIAMI HERALD, 8/7).