According to a recent report from FoxBusiness.com, the former Yankees shortstop and five-time champion has "expressed interest" in placing a bid on the struggling Major League Baseball franchise, whose owner, Jeffrey Loria, has been looking for suitors for the team since late previous year. The price tag for buying the Marlins could be anywhere from $800,000 to $1.6 billion, according to the bidders.
Bush has joined with Citigroup to help advance his bid, while Jeter has backing from former Morgan Stanley Brokerage Chief Gregory Fleming. Another group includes former Florida governor and 2016 GOP presidential candidate Jeb Bush, whose brother, former President George W. Bush, once owned the Texas Rangers.
If Derek Jeter has his way, the Marlins will be talked about in the same breath as the Yankees for years.
Derek Jeter, who played his fair share of games in South Florida over 20 seasons with the Yankees, could be the Marlins' next owner. According to Fox Business, Jeter is reportedly part of one of three competing groups for the Marlins. His family had been rumored to have a "handshake" deal to buy the team, but backed off when it was learned Loria may be named Embassador to France. "Jeter expressed interest in owning a Major League Baseball team an interview last May with CNBC's Squawk Box", the report says.
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It may not have been received well with many short matches taking him all of the way to one of the main events at WrestleMania . Reflecting upon his comeback in October, the former Universal Champion explained that his focus is now 100% on his family.
According to Forbes' team evaluation, the Marlins are worth an estimated $675 million after factoring in operation cost and payroll.
If Jeter successfully purchases the Marlins, he will be reunited with manager Don Mattingly, who managed the Yankees and Jeter from 2004 to 2007. "You keep winners around, just like they're doing with Magic Johnson over there (as the Los Angeles Lakers' new president)".
"So I'm in the process of building a place where athletes have the tools they need to share what they really think and feel", he said on a post on the site. "I do. And if it is the case, I wish him the best of luck".