Report: Marlins owner agrees to sell team to Jeter and Jordan group
Fri Aug 11, 2017
Michael Jordan is one step closer to becoming a part-owner of an MLB team. Marlins owner Jeffrey Loria has reportedly agreed to sell the franchise for $1.2 billion to a group of 16 investors, which includes Jordan and former Yankees star Derek Jeter, according to Barry Jackson of the Miami Herald. Major League Baseball is expected to receive the purchase agreement on Friday.
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