AP source: Michael Jordan has small stake in Jeter groupAugust 13, 2017 6:06pm

MIAMI (AP) — A person familiar with the situation says NBA Hall of Famer Michael Jordan has a small stake in Derek Jeter's investment group that reached an agreement to buy the Miami Marlins.

The person confirmed Jordan's role to The Associated Press on condition of anonymity Sunday because the parties involved have not commented.

Jordan already owns the NBA Charlotte Hornets. He and Jeter have known each other for more than 20 years and are close friends.

A signed $1.2 billion agreement was submitted Saturday to Major League Baseball for Marlins owner Jeffrey Loria to sell the franchise to a group that includes Jeter, the former New York Yankees captain. Venture capitalist Bruce Sherman of Naples, Florida would be the controlling owner.

The Marlins expect to close the deal in early October.


More AP baseball: https://apnews.com/tag/MLBbaseball

Page 1 of 1

More Stories Like This

Stanton hits 45th HR, Conley fans 11, Marlins beat Mets 6-4Giancarlo Stanton hit his major league-leading 45th home run and Adam Conley struck out a career-high 11, leading the Miami Marlins over the New York Mets 6-4
Toronto Blue Jays' Josh Donaldson, right, celebrates with Ryan Goins, left, after scoring against the Chicago Cubs during the tenth inning of a baseball game, Sunday, Aug. 20, 2017, in Chicago. (AP Photo/Kamil Krzaczynski)
Cubs sweep Blue Jays with wild 6-5 victory in 10 innings
Marlins win 6th of 7, 3-1 over MetsJ.T. Realmuto hit an early two-run homer as the Miami Marlins notched their sixth win in seven games, downing the Mets 3-1 in their series opener to move within two games of .500 for the first time since May 3
Montero shuts down Marlins in Mets' 8-1 winRafael Montero pitched six strong innings in his best effort of the season, Wilmer Flores and Kevin Plawecki each hit long two-run homers to help the New York Mets snap a five-game losing streak with an 8-1 win over the Miami Marlins
Berrios shuts out D-backs through 7 as Twins winJose Berrios threw seven innings for his 11th win to lead Minnesota over Arizona 5-0 to help the Twins keep pace in the AL wild card race
Philadelphia Phillies' Nick Williams reacts after striking out against the San Francisco Giants during the eighth inning of a baseball game in San Francisco, Friday, Aug. 18, 2017. (AP Photo/Jeff Chiu)
LEADING OFF: Granderson joins Dodgers, trio goes for No. 15
This component is currently unavailable.

Related Searches

Related Searches