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Will Derek Jeter Own a Major League Franchise?

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Miami Marlins owner Jeff Loria is reportedly selling the franchise, and there are currently three groups who could be interested in buying.

One group is lead by New York Yankees legend Derek Jeter. The NY Daily News says, through a report, that Jeter is represented by former Morgan Stanley honcho Gregory Fleming.

In spite of his stature and salary, Jeter’s going to need to some help if he wants to purchase his own Major League franchise. The Daily News says that Loria bought the Marlins in 2002 for $158 million. Even though Jeter earned an estimated $265 million in 20 years with the Yankees, he alone doesn’t have the money to buy the team.

It would be interesting to see how Jeter would perform as a team owner. The current Marlins Manager is another Yankee great; Don Mattingly.

Of course, this is all just speculation. There are some other big time names involved who could be the eventual team owners. Forbes said that Marlins President David Samson had a handshake agreement with real-estate developer Charles Kushner, the father of Jared Kushner, and father-in-law to Ivanka Trump.

Another political big name is former Florida governor and Presidential candidate, Jeb Bush. Baseball runs in the Bush family, as former President George W. Bush was once the owner of the Texas Rangers.

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