MLB Source: Jeter and Jordan Group Ready to Buy Marlins

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"But Jeter, the former New York Yankees star shortstop, will run the business and baseball sides of the organization, the source said".

The person confirmed the Friday night signing to The Associated Press on condition of anonymity because the Marlins have not confirmed the agreement.

The runner-up for the bid, Miami-based businessman Jorge Mas, will join the Jeter-Sherman group according to Jon Heyman of FanRag Sports. That vote is expected to take place in September and the deal could be finalized in October. No word on how much Jordan will be putting in the pot, but regardless of how much he contributes, it's safe to say that the Miami will soon be a Jumpman city.

Jeter has not been shy about his desire to own a baseball team.

At least 75 percent of the major league clubs must approve the sale.

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"Sherman, a wealthy venture capitalist who has a home in NY and is building a home in South Florida, will be the 'control person, ' similar to a managing general partner", Jackson wrote. "If Bruce Sherman and Derek Jeter would like me to serve, then it's something I would certainly talk about".

"We feel really good". Loria made a decision to sell the team for personal reasons.

Many around baseball predicted success for the new regime. The Marlins haven't been to the postseason since 2003, and ranked last in the National League in attendance 11 of the past 12 years.

But for most Marlins fans, just punting Loria out the door is a victory in and of itself.

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