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Latest On Marlins’ Sale Efforts

By Jeff Todd | April 25, 2017 at 11:56am CDT

12:32pm: Marlins president David Samson calls the Forbes story “inaccurate,” as Clark Spencer of the Miami Herald writes, though he did not provide details on bidding parties.

11:56am: Casting doubts on recent reports of keen interest from multiple bidding groups, Mike Ozanian of Forbes writes that the Marlins are currently drawing attention from just one potential suitor. And even that group — a team of investors led by Derek Jeter and Jeb Bush — has only yet made a “non-binding indication of interest” and is still hunting for cash to support a bid.

According to Ozanian, other potential bidders have not continued their initial pursuit of a deal with current Marlins owner Jeffrey Loria. Former hurler Tom Glavine was said to have joined forces with Tagg Romney (Mitt’s son), but that pairing has apparently fizzled already. That’s particularly problematic, per the report, since the group held out the promise of bringing a significant amount of cash to the table.

We have heard talk at times of at least one more possible challenger to take the reins in Miami. But Ozanian says that interest has also seemingly dried up beyond the two recognizable bidding groups noted above. There’s doubt, it seems, as to where an alternative to the Jeter/Bush team might come from.

If there’s truly just one passable pursuer of the organization, that surely doesn’t bode well for Loria’s sale price. As the report notes, there already seems to have been a precipitous fall in the numbers being discussed publicly. Just ten weeks ago, the club was said to be headed for a $1.6B sale.

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21 Comments

  1. vinscully16

    8 years ago

    What a sweet deal. Loria buys the Marlins for a relative song, after demonstrating little interest in his previous franchise (Expos – paid $12 million for 24% of the club in 1999) and now gets a billion dollars in profit for selling the Marlins. It pays to be Selig’s buddy.

    If any commenters on this site want to throw-in, I’m putting in a bid for the Marlins. So far I’ve got $125, another billion in funding and we’re good. Let me know.

    2
    Reply
    • Connorsoxfan

      8 years ago

      Make it $200 lol

      Reply
      • frankthetank1985

        8 years ago

        I’m in for a few hundred.

        Reply
      • noraj9

        8 years ago

        This isn’t such a bad idea. MLBTR has enough of a following. I can toss in a couple hundred as well. A team for the people!

        Reply
        • ateam043

          8 years ago

          I’ll toss in 5K however I demand unlimited access to anywhere in the park.

          Reply
        • jdgoat

          8 years ago

          You can go anywhere but the home run sculpture

          Reply
        • fs54

          8 years ago

          We can let some guests swim with the fishes behind home plate?

          Reply
      • casualatlfan

        8 years ago

        I’m a Braves’ fan first, but I’d still be game for throwing in a hundred bucks as well.

        Reply
    • fs54

      8 years ago

      Is that $125 or $125k?

      Either way, count me in. I can put up a significant amount using undisclosed means.

      Reply
    • Polish Hammer

      8 years ago

      Why not? The Dodgers were bought with a parking lot and leveraged into a fortune.

      Reply
  2. reflect

    8 years ago

    Jeb!

    Reply
  3. TonyRockyhara

    8 years ago

    I’ll throw in a hundred also!! We got this.

    Reply
  4. citizen

    8 years ago

    Ah, too bad. Can’t get much for a AAA team these days. I’ve got 10000 for a pool. Make them like the green bay Packers.

    Reply
  5. padresfan

    8 years ago

    I’m really curious how he got a 1.6 billion dollar number or whatever it was.
    Granted new stadium but really ugly
    If I recall correctly… neither Florida team gets much attendance…
    so… how is it worth that money?

    Reply
    • TheMichigan

      8 years ago

      Marlins have a stable media contract with a new tax funded field. Along with potential to be good under new ownership. They also get a decent amount of seats filled.

      The rays are the ones struggling with attendance.

      Reply
      • padresfan

        8 years ago

        Rays are due to bad location
        Marlins barely fill half their stadium
        I’m not trying to bash
        These numbers just don’t add up

        1
        Reply
      • reflect

        8 years ago

        The Rays have better attendance than the Marlins don’t they? At least they used to.

        1
        Reply
  6. jmn0419

    8 years ago

    Why couldn’t the Marlins have an owner like Micky Arison

    Reply
  7. lesterdnightfly

    8 years ago

    “As with most things published by Forbes regarding the Miami Marlins, this most recent story is also inaccurate,” Samson said.

    Does that include the dubious $1.6 billion price tag?

    1
    Reply
  8. MB923

    8 years ago

    “Would you take 20 bucks?” – Rick Harrison

    Reply
  9. Polish Hammer

    8 years ago

    Does this mean the Marlins will go on a spending spree to put a good product on the field, only to low it up yet again?

    Reply

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