Report: Michael Jordan part of group bidding to own Marlins
It appears as if Michael Jordan and Derek Jeter are extending their partnership outside of Jordan Brand and moving into the ownership business.
The future Hall of Famer Jeter first showed interest in buying the Miami Marlins by putting together a bid with an ownership group a few months back. But after an initial bid including former Florida governor Jeb Bush failed, Jeter seems to have his group.
And that group includes Jordan.
According to the New York Post, the NBA legend Jordan is among 15 investors in Jeter’s camp but will kick in very little money for the purchase.
Interestingly, NBA great Michael Jordan is among a group of about 15 investors in the Jeter camp, sources said — although the ex-hoopster is said to be kicking in very little cash.
Jeter sees Jordan as a role model in how to become a successful sports executive, a source who knows Jeter said.
The bid from the group is expected to be $1.2 billion and will compete with Miami millionaire Jorge Mas who has a bid of $1.17 billion.
With the MLB All-Star Game taking place in Miami today, a deal could be announced at any time.