04-25-2017, 03:04 PM
Miami Marlins owner Jeffrey Loria has reached an agreement in principle to sell the team to a group led by former Florida Governor Jeb Bush and including former New York Yankees star Derek Jeter, pending Major League Baseball approval and other details still to be worked out in the drawing up and execution of a contract, an MLB source said Tuesday.
According to the source, Bush’s group has agreed to pay $1.3 billion for the team.
Bush plans to be the Marlins’ "control person," the individual who would have ultimate control over franchise decisions, according to the source.
-- Miami Herald
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