The Miami Herald is now reporting that an agreement has been struck with Jeffrey Loria to sell the club to a group headed by Jeter and business partner Bruce Sherman.
The person confirmed the Friday night signing to The Associated Press on condition of anonymity because the Marlins have not confirmed the agreement.
The Miami Herald ran a story first about the agreement between the group that is headed by Bruce Sherman, a venture capitalist in NY and Loria.
Sherman is being designated the control person, but he's 69 and it isn't clear how much day-to-day involvement he seeks. They'll discuss the Marlins next week in Chicago at a meeting but aren't likely to vote on the matter for another few weeks.
David Moyes has a very blunt assessment of Paul Pogba
I think that over the years Manchester United have had players like Cantona, even Ryan Giggs, people who are special players. As well as the league wins, the 29-year-old has also lifted the FA Cup and the League Cup during his time in England.
Major League Baseball will be alerted of the agreement on Friday.
Miami won the 2003 World Series but has not returned to the postseason since. "[Jeter] has a great relationship with Sherman, who will allow Jeter to essentially run the organization".
There have been reports for months that Derek Jeter had been assembling a team to purchase the Miami Marlins. Jeter is expected to have a title such as CEO or team president and have active involvement, though his relatively low personal investment - $25M according to sources - would not qualify him to be designated as the control person by Major League Baseball. The Jeter-Sherman group beat out two other groups that pursued the team in the final weeks of negotiations.
Jeter has not been shy about his desire to own a baseball team.
- Missile incoming? Head underground, Guam tells residents
- Elderly man found dead in lift one month after being reported missing
- A bot just defeated one of the world's best video gamers
- Trump Calls Guam Amid North Korea Tensions, Says: 'You Are Safe'
- Federer, Canadian teen Shapovalov reach semis in Montreal
- Arsenal gun down Leicester in seven-goal thriller — EPL
- Leicester boss Shakespeare excited for Arsenal opener
- FTSE ends down as shares hit by US-North Korea tensions
- N. Korea rejects talks with South
- Global stocks slide as US-North Korea nuclear tensions rise