Derek Jeter bids for the Marlins

By Henry Wong

While Derek Jeter’s baseball career may have ended in 2014, the competition surrounding him did not. Now, the competition is not on the field but rather over who owns the team. The team of interest is the Miami Marlins and Jeter’s bids are being challenged by former Florida governor Jeb Bush and Tagg Romney. With each party having bids close to $1 billion, this is quite an investment.

After the meeting on May 18, a final sale is expected in the coming weeks instead of months. In order for this to happen, all final sale documents must be finalized and signed in addition to confidence being established between the seller and the buyer that the transaction will run financially smoothly.

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