Report: Derek Jeter among bidders for MarlinsIs the former Yankees captain on his way to becoming a future MLB owner?
Is Derek Jeter on the verge of purchasing the Miami Marlins?
According to a recent report from FoxBusiness.com, the former Yankees shortstop and five-time champion has "expressed interest" in placing a bid on the struggling MLB franchise, whose owner, Jeffrey Loria, has been looking for suitors for the team since late last year.
Jeter is among three rumored groups looking to purchase the franchise, which has finished no higher than third place in the NL East since re-branding to the Miami Marlins prior to 2012.
The former Yankees captain is being represented in negotiations by ex-Morgan Stanley brokerage chief Gregory Fleming. Bidding discussions are ongoing, and a deal could be done "by May of this year," the report specified.
Jeter has long expressed interest in pursuing an ownership opportunity in MLB, though he's largely remained away from the public eye and from the world of baseball since his playing days came to an end after the 2014 season.
The expected price range for the Marlins could be anywhere between $800 million to $1.6 billion - a huge increase from the $158 million that Loria paid for the team back in 2002.
Jeter's career with the Yankees may have come to an end, but it appears that his ownership career in the Major Leagues could soon begin, if his is the winning bid.