Friday, August 11, 2017


Sometimes things just work out.

Source: Bleeding Yankee Blue Creation
It appears that Derek Jeter and mogul Bruce Sherman will buy the Miami Marlins after all.  The Miami Herald has the story:

"Loria has agreed to sell the franchise for $1.2 billion to a group led by New York businessman Bruce Sherman and former New York Yankees star Derek Jeter, and Major League Baseball is expected to receive the written agreement on Friday, according to a New York based MLB source.
Sherman, 69, a wealthy venture capitalist who has a home in New York and is building a home in South Florida, will be the “control person,” similar to a managing general partner.

But Jeter, the former New York Yankees star shortstop, will run the business and baseball sides of the organization, the source said.

The Sherman/Jeter group has about 16 investors and they have raised the money to purchase the team after months of seeking investors to meet Loria’s asking price, the source said."

By the way, one of those 16 investors is Michael Jordan.  This is kind of a big deal.

Anyway, just wanted to keep you in the loop.  Damn Jeet!

Up to 61% OFF Ultimate Fan Gift Boxes at

No comments:

Post a Comment

Thank you for commenting on Bleeding Yankee Blue.