One week back, we learned that Marlins owner Jeffrey Loria had finally struck a deal to sell the organization to an investment group led by legendary shortstop Derek Jeter and Bruce Sherman. But that was only the beginning of the process to finalize the deal.
Notably, there’s still a possibility of changes to the financial structure of the arrangement. As Barry Jackson of the Miami Herald first reported, the search for cash continues for the expectant new owners. In essence, it seems that the Jeter-Sherman group has something approaching the bare minimum of equity investment needed and would still like to draw additional investors. Those interested in learning additional details about the situation can read more from Jon Heyman of Fan Rag.
Notably, though, it seems there’s little reason to think the bid is in doubt.As Clark Spencer of the Miami Herald writes, commissioner Rob Manfred acknowledges that changes to the deal structure could yet be made, while also saying the current proposal would pass muster under league rules.
Assuming that’s all sorted out, it seems the incoming owners have already made their first significant personnel decision. Current team president David Samson will not be retained in that role, Dan Le Batard of ESPN Radio and the Miami Herald tweets. Le Batard also notes that the Marlins will have a new COO under the incoming ownership group.
There had been indications Samson would be retained in some capacity, and Heyman notes he is still owed a $5MM salary for another year. As Spencer and Jackson further explain, Samson — who is Loria’s son-in-law — has become the public face of the team during an “occasionally polarizing” term in the position. However, MLB.com’s Joe Frisaro writes that it does not appear that Samson will return to the Marlins organization in any capacity next year.