Menu
Franchises

Sources: Jeb Bush, Jeter Working Together On Marlins Bid; Is Stephen Ross Interested?

Former Florida Gov. Jeb Bush and Derek Jeter are now "working to make a joint bid for the Marlins," according to sources cited by Gasparino & Schwartz of FOX BUSINESS. Sources said that the duo decided to "join forces over the past week, in order to pool resources," for a bid that is likely to top $1B. Bush and Jeter could "face a competing bid from an investor group led by Tagg Romney," the son of former GOP presidential candidate Mitt Romney. Tagg Romney is Managing Partner at Boston-based investment firm Solamere Capital. It is "unclear if Mitt Romney will play a direct role in any potential bid from this group." Sources said that Morgan Stanley may also "directly play a role in the deal." Marlins Owner Jeffrey Loria has "expressed interest in selling the team since late last year." Sources said that while the "timetable is fluid, any deal could be completed as soon as May of this year" (FOXBUSINESS.com, 4/19). BLOOMBERG NEWS' Scott Soshnick cited a source as saying that bids for the Marlins were "due last week" and came in between $1.2-1.3B (BLOOMBERG NEWS, 4/19). In Miami, Douglas Hanks writes the "buyer derby may come down to who is able to offer" Loria the "richest offer." MLB owners "must approve team sales, giving the league’s front office influence in who Loria picks to take over the Marlins." Sources said that Dolphins Owner Stephen Ross is "interested in buying the Marlins if Loria would drop his price" (MIAMI HERALD, 4/20).

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

Learn more about your ad choices. Visit megaphone.fm/adchoices

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2017/04/20/Franchises/Marlins.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2017/04/20/Franchises/Marlins.aspx

CLOSE