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Bush/Jeter Group Win Auction for Miami Marlins

Bloomberg- Jeb Bush-Derek Jeter Group Said to Win Auction for Miami Marlins

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.

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.

The Marlins declined to comment. Jeter’s agent didn’t immediately return an email request for comment.


"The contract hasn't been signed" needs to be noted in this article, but the fact it was shared by Bloomberg, where we got the article snippet above, gives us the confidence to report. 

Jeb Bush and Derek Jeter highlight a group that win the auction for the Miami Marlins MLB Franchise, and that is news because of the people involved. Ownership of professional franchises has become more and more elite, with only the top of the top getting access to a surging asset, and this is news because of the characters involved.