Derek Jeter's Group Buying Marlins For $1.2 Billion

Derek Jeter has tentative deal to buy the Miami MLB Team

Miami Marlins president David Samson confirmed that the team has reached a sales agreement with a group that includes Derek Jeter.

The Sherman-Jeter group signed their deal for $1.2 billion to buy the team from Jeffrey Loria Friday night, as FanRag reported.

Usain Bolt blames 100 meter loss on starting blocks
This is aside from hundreds of millions others that were glued to the television just to catch a glimpse of a 10-second event . The technically superb performance by 23-year-old Olympic champion Mr Omar McLeod in winning the 110m hurdles brought smiles.

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. The person said Major League Baseball has been told the sale price will be about $1.2 billion to the group, which includes more than 10 entities.

Sherman, who will be the controlling owner, spent much of his financial career in NY and has a home in Naples, Florida. 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. Jeter is investing $25 million of his own money and will run the baseball side of the operation. Sherman has spent much of his financial career in NY and has also lived in Naples, Florida.

Danish submarine creator arrested over missing reporter
The woman's partner raised the alarm early on Friday when the vessel did not return from what was supposed to be a short journey. The decision to rescind Madsen in custody for a further 24 days was made by a judge after a two-hour custody hearing.

Talks between Sherman, Jeter and Loria have been ongoing for months. If that was not problematic enough, the Marlins have ranked bottom in attendance for 11 of the last 12 seasons despite playing in a major American city.

Loria's decision to sell the team became public in February, and Jeter's interest emerged in April.

Red Wings Threaten Legal Action over Use of Logo During Virginia Marches
The rally was organized to protest the college town's decision to remove a statue of Confederate Gen. Video of people marching with the Red Wings logo appeared on social media Saturday morning.

In a 2014 interview with Jack Curry of the Yes Network, Jeter called owning a team "the next ultimate goal", and that he wanted to be the guy "that calls the shots".

Related news:

Hot News

isis-killer-beheading-video-story-top Brighton v Manchester City: Premier League preview, line-ups & predictions
Aug 13, 2017 - 00:33
That figure would have been a lot higher had the Belgian not been ravaged by a series of injuries over the last three campaigns. Manchester City have reportedly enquired about the possibility of signing Sergio Busquets from Barcelona this summer.

isis-killer-beheading-video-story-top 30 children, including newborns, die in India hospital
Aug 12, 2017 - 23:57
Prashant Trivedi, the state's top health official, acknowledged that there was a problem in the pipeline supplying oxygen. The government however said that only seven had died .

isis-killer-beheading-video-story-top Sony Sets a Date For Spider-Man Spin-off Film 'Silver and Black'
Aug 12, 2017 - 23:55
Reilly as the detective duo (respectively) will now arrive on November 9, 2018 instead of the previously set August 2018 date. Benicio del Toro and Josh Brolin are set to return with Stefano Sollima taking over as director.

Hewlett Packard Enterprise Company (HPE) Position Boosted by Arizona State Retirement System
Aug 12, 2017 - 23:54
If you are accessing this article on another domain, it was illegally stolen and reposted in violation of worldwide copyright law. The firm owned 53,834 shares of the technology company's stock after buying an additional 2,268 shares during the period.

isis-killer-beheading-video-story-top Majority of Americans support ObamaCare
Aug 12, 2017 - 23:22
The Democrats' national bus tour is motoring through Iowa , targeting vulnerable House Republicans who voted to repeal Obamacare . Trump is, very likely, aware of three things when it comes to the Republican Party. "Must Repeal & Replace ObamaCare! ".

isis-killer-beheading-video-story-top Facebook tries to enter China incognito
Aug 12, 2017 - 23:12
App Colorful Balloons was released through a local company , without any hints on the connection with Facebook. The Chinese app even uses the messaging platform WeChat for connecting users in place of Facebook's network.

isis-killer-beheading-video-story-top US Navy Destroyer Sails Within Reach Of Disputed Chinese Territory
Aug 12, 2017 - 23:06
However, the U.S. says its patrols are aimed at showing support for free passage to vessels in worldwide waters. A Chinese Foreign Ministry spokesman said in a statement that the USS John S.

isis-killer-beheading-video-story-top BBC accidentally airs Anna Paquin's naked breasts during news broadcast
Aug 12, 2017 - 22:55
According to BBC's latest report on the story, Paquin said the " True Blood " scene was "fairy land graveyard sex". Anna Paquin can add another accolade to her CV - newsroom favourite.

isis-killer-beheading-video-story-top Low calorie drinks can make you PILE ON THE POUNDS
Aug 12, 2017 - 22:53
When sweetness and calories are matched, the calories are properly metabolized, and this is registered by brain reward circuits. According to them, these findings establish the link between artificial sweeteners and diabetes in previous studies.

isis-killer-beheading-video-story-top Shares hit by US-North Korea tensions
Aug 12, 2017 - 22:53
It all led to a loss of mojo for the Australian dollar, which slipped below 79 cents against the USA dollar in afternoon trade. United States stocks ended lower on Thursday, and Asian markets fell sharply, with Hong Kong's Hang Seng index dropping 2%.

Arsenal have offered Sanchez a record contract
Aug 12, 2017 - 22:50
He has impressed immensely at right wing-back but with Hector Bellerin still coming through, it's hard to say who will be first choice.

isis-killer-beheading-video-story-top Global stocks fall on rising unease over North Korea
Aug 12, 2017 - 22:47
Baker Avenue's Lip said the US market was higher due to "bargain hunters", but "there's more room for the market to come down". Railroad stocks have shown a strong move to the upside on the day, driving the Dow Jones Railroads Index up by 1.3 percent.

isis-killer-beheading-video-story-top Chelsea 2-3 Burnley
Aug 12, 2017 - 22:34
West Bromwich Albion made another set piece pay as they opened the season with a 1-0 win over Bournemouth at The Hawthorns. But Rooney ended a scrappy first half when he headed in to mark his Goodison homecoming in the best possible style.

isis-killer-beheading-video-story-top Sonia calls opposition meeting on Friday, Sharad invited
Aug 12, 2017 - 22:28
He is also organising a conclave in New Delhi on August 17, which will be attended by opposition leaders. The 18 Opposition parties had earlier chose to meet once a month to discuss various crucial issues.

isis-killer-beheading-video-story-top Trump opens door to investigating China's "theft" of USA intellectual property
Aug 12, 2017 - 22:11
The American companies "should not be forced or coerced to turn over the fruits of their labor", one official said. The process can bypass World Trade Organization procedures for adjudicating grievances.