Derek Jeter appears close to finally buying the Miami Marlins now that he’s got another sports legend on his side.
The New York Post reported Monday night Jeter’s group of investors is nearing a deal to buy the club for $1.2 billion. Included in that group, according to the Post, is basketball legend Michael Jordan.
Sources told the newspaper that Jeter’s group now is seen as the leading contender to buy the Marlins. However, it’s not like Jeter and Jordan are going to be the two faces of the ownership group, as the Post report indicated Jordan only will contribute a small investment on his part. Jeter is leading the group, though, after reportedly pulling together most of the financial backing earlier this month.
Jeter has been connected to the club for some time now, as he and former Florida governor and Republican presidential hopeful Jeb Bush partnered before Bush backed out.
Loria’s asking price was $1.3 billion, and as of now, it appears Jeter’s group will come closest to matching that, beating out two other groups, one of which is headlined by Tagg Romney, the son of former Massachusetts governor and Republican presidential candidate Mitt Romney.
Thumbnail photo via Noah K. Murray/USA TODAY Sports Images
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