Jeffrey Loria seems to be edging closer to a Miami Marlins exit as the Marlins seem to be subject of a takeover bid, as pointed out by an article in the Miami Herald this Wednesday, which talked about an Alliance between Jeb Bush, former governor of Florida, and Derek Jeter, in order to present a proposal to the Marlins’ owner as they look to takeover the club.
Bush and Jeter were competing separately with Joshua Kushner, the younger brother of Donald Trump’s senior advisor, but Trump’s son-in-law decided to pull back his offer as he wasn’t in a financial position to be able to afford a $1.6 billion bid, an amount requested by Loria from anyone looking to buy the Miami based team.
Now that they have come together, Bush and Jeter will be able to come up with an offer good enough for Loria, but other associates might also be involved in the deal. Nevertheless, the presence of these two emblematic figures could go a long way in helping to get the endorsement from the other 29 franchise owners of the MLB, a necessary requirement in order to sell the team.
As a matter of fact, Bush’s family has already been involved in the ownership of MLB teams, as the ex president of the United States, George W. Bush, used to own the Texas Rangers. Jeter, on the other hand, has a very good reputation which surely will be nothing less than well received in Florida, where he lives at a mansion in Tampa.
The Miami Herald’s report tells that one of the main competitors to the Bush-Jeter partnership is Wayne Rothbaum, a financier who resides in New York. It is unknown about any other offers Loria might have on the table even though it is thought he put the Marlins up for sale between $1.2 and $1.6 billion.