Major League Baseball owners have unanimously approved the sale of the Miami Marlins to a group led by Florida resident and venture capitalist Bruce Sherman and retired New York Yankees star Derek Jeter.
DENVER- The sale of the Miami Marlins to a group led by Bruce Sherman and Derek Jeter has received the stamp of approval from Major League Baseball owners.
Owners on Wednesday voted unanimously in favor of the $1.2 billion deal to buy the franchise from Jeffrey Loria. The deal is expected to close Monday, one day after the end of the season.
“I wish the best to Jeffrey Loria and David Samson,” said MLB commissioner Rob Manfred. “During their tenures, the Marlins won the 2003 World Series, hosted this season’s successful All-Star Week at spectacular Marlins Park and eagerly supported our efforts to grow the game internationally. I congratulate Mr. Sherman on receiving approval from the Major League Clubs as the new control person of the Marlins and look forward to Mr. Jeter’s ownership and CEO role following his extraordinary career as a player.”