Jeb Bush no longer interested in buying Marlins

Sheri Evans
May 31, 2017

First he lost out to Donald Trump to become the 2016 Republican presidential nominee, and now it appears former Florida Gov. Jeb Bush has dropped out of the race to buy the Miami Marlins.

Per that report, "Bush led a group that included former New York Yankees captain Derek Jeter, who may still explore a bid with other investors".

The two people spoke to The Associated Press on condition of anonymity because the parties involved aren't commenting publicly on the status of negotiations. Hall of Fame pitcher Tom Glavine is also said to have fielded a bid. 'It's a sport that has huge potential in Miami.

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Jeb Bush reacts as he announces the suspension of his presidential campaign at an election night party at the Hilton Columbia Center in Columbia, SC on February 20, 2016. Last week, SportsBusiness Journal's Daniel Kaplan tweeted that the Romney group had recently reached out to Jeter to try and persuade him to "dump" Bush. Jeffrey Loria purchased the team for $158.2 million back in 2002. "Hopefully, if former Governor Bush and Derek Jeter get this franchise, I think it'll be a good thing for this city and this entire community".

Wayne Katz, the Proskauer Rose attorney representing the team, declined to comment. Because of MLB's debt service rule, more than half of the winning bid could require cash. Marlins president David Samson had no immediate comment, and a spokesman for Jeter didn't respond to a request for comment.

Jeter and Bush originally agreed to run the group together as general partners, with three additional limited partners on the board.

Other reports by TheSundaySentinel

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