Derek Jeter and Jeb Bush group have reportedly reached an agreement to purchase the Miami Marlins for $1.3 billion
Rich Schultz/Getty Images; Spencer Platt/Getty Images
The $1.3 billion purchase price would be the second-largest ever for a Major League Baseball franchise, surpassed only by the sale of the Los Angeles Dodgers for $2.0 billion to the Guggenheim Partners and Magic Johnson in 2012.
According to the report, details still need to be worked out in drawing up the final contract and the deal still needs to be approved by Major League Baseball.
In February, there were reports that Loria had a "handshake agreement" to sell the team for $1.6 billion to members of the Kushner family. However, that deal was put on hold when it was reported that Loria could become the next ambassador to France. Jared Kushner is the son-in-law of President Donald Trump.
Loria purchased the Marlins for $158.5 million in 2002. Bush previously failed into a bid to buy the Marlins in 2014.
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- BenQ Zowie XL2546X review – Monitor for the serious gamers
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market