As New Yorkers can beprone to do in retirement, Derek Jeter is contemplating a move to the cozier climate of Florida — as owner of the Miami Marlins.
According to a report by Fox Business, the former Yankees great is among three possible bidders who have recently expressed interest in purchasingthe MLB franchise from current owner Jeffrey Loria, who has been looking to get out of the baseball business.
Jeter, the report said, is actively involved in discussionswith Marlins president David Samson and has retainedveteran Wall Street executiveGregory Fleming to represent his interests. The 14-time MLB All-Star retired from the Yankees in 2014 and has saidit is his "ultimate aspiration" to own a professional sports team.
Fox Business said former Republican presidential candidate Jeb Bush and an unidentified third group have also held discussions with the Marlins.
In February, multiple media reports said Loriahad a"handshake agreement" to sell the Marlins to the family of Jared Kushner, the son-in-law of and White House adviser to President Donald Trump. That deal, reported at $1.6 billion, was tabledwhen Loria was rumored as a candidate for U.S. ambassador to France and theKushners said they would pull the bidto avoid the perception of a quid pro quo withTrump's administration.
It's not clear whether the Kushner family maintains interest in purchasing the franchise. Loria has not taken the ambassadorposition.
Jeter, 42, has a home in Tampa, Fla., and has previously shown rumored interest in the sales of franchises in othersports leagues, including the NFL's Buffalo Bills. He earned$269 million in salary during his 20-season playing career, according to Forbes— a figure that surpasses $400 million when factoring innumerous lucrative endorsement deals.
Loriapaid$158 million for the Marlins in 2002. In its most recent valuation in 2016, Forbes estimated the franchise is now worth$675 million.