Jeb Bush and Derek Jeter have reportedly teamed up in a bid to buy the Miami Marlins. The former Florida governor will combine resources with the longtime New York Yankees captain in an effort to purchase the team from owner Jeffrey Loria, the Miami Herald reported on Wednesday citing sources familiar with the negotiations. Miami Marlins owner Jeffrey Loria reportedly to sell team for $1.4bn profit Read moreBush and Jeter, who were previously in the market for the National League club, have strong competition from New York financier and Quogue Capital manager Wayne Rothbaum. Both Bush and Jeter have residences in Florida. Former US president George W Bush, Jeb’s elder brother, owned a controlling share of the American League’s Texas Rangers from 1989 through 1998, serving as the team’s managing general partner for five years.

Source: The Guardian April 19, 2017 20:03 UTC