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Volume 24 No. 116
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Marlins Sale Tops Agenda At MLB Owners Meeting In Chicago

MLB owners today begin a two-day quarterly meeting in Chicago, and leading the agenda is an initial review of the proposed Marlins sale from Jeffrey Loria to a group led by Derek Jeter and financier Bruce Sherman. Owners will not take a formal vote on the $1.2B deal, with that step anticipated next month in advance of a targeted early October closing. But there is expected to be significant discussion on the transaction, particularly among the league’s ownership committee. The owners’ slightly truncated meeting schedule also will include a review of the league’s ongoing battle to improve pace of play, efforts that thus far have largely run into stiff resistance.