Derek Jeter and Jeb Bush to Buy Marlins: Bloomberg

(Story updated Tuesday at 6:25 p.m.) MIAMI, FL — Yankee great Derek Jeter and former Florida Gov. Jeb Bush are part of a group that has won an auction to purchase the Miami Marlins for $1.3 billion, according to Bloomberg. The deal reportedly has not yet been finalized.

The team has been rumored to be for sale for some time with an asking price in excess of $1 billion.

According to the Bloomberg report, the other bidders for the team were Wayne Rothbaum, founder of Quogue Capital LLC and Tagg Romney, co-founder of Solamere Capital and the eldest son of former 2012 Republican presidential nominee Mitt Romney. His group also included Tom Glavine, a former All-Star major league pitcher.

The 10-8 Marlins are in second place in the National League East standings behind the Washington Nationals.

The possible deal was applauded by Miami-Dade Carlos A. Gimenez who told Local 10 News that

In February, Forbes and other media organizations reported that team owner Jeffrey Loria had reached a "handshake" agreement to sell the Marlins for $1.6 billion. That deal with New York real estate developer subsequently fell apart.

ESPN later cited multiple sources with knowledge of the negotiations in reporting that Ivanka Trump's father-in-law, Charles Kushner, was part of the potential purchase group. That deal apparently fell apart with still more reports that the Trump administration was considering Loria for an ambassadorship to France.

Patch will update this story as information becomes available.

Photo courtesy of Marlins Park