MLB Team Could Reportedly Go Up For Sale Soon
In August 2017, businessman Bruce Sherman led a group that included, among others, Michael Jordan and Derek Jeter, that made a $1.2 billion bid to purchase the Miami Marlins from Jeffrey Loria.
Since then, Sherman is the team’s principal owner and chairman.
That could potentially change soon, though.
“LA Times reports that the Miami Marlins ‘could go up for sale soon.’ (h/t @WillManso, @fishstripes),” TV and radio host Andy Slater tweeted.
LA Times reports that the Miami Marlins “could go up for sale soon.”
(h/t @WillManso, @fishstripes)
— Andy Slater (@AndySlater) January 24, 2023
There is nothing concrete as of now, but there seems to be an interest from Sherman to sell the Marlins just six years after acquiring the team.
Jeter is no longer associated with the Marlins, as he had some differences when it comes to the organizational philosophy.
Over the years, Miami has proven to be a tough spot when it comes to fan attendance and engagement.
A part of that, however, stems from the fact that the team has only been truly competitive in three out of 30 seasons in MLB.
They won the World Series twice as a Wild Card team, in 1997 and 2003, and made the playoffs as a Wild Card again in the abnormal 2020 campaign.
In the remaining 27 campaigns, they have failed to make the postseason even though they have achieved some .500 or better finishes.
Fans don’t forget about the years of incompetence and won’t go to the stadium if the product is not attractive enough.
Perhaps a better, more competitive squad will help increase attendance numbers and ownership can see that the profit can make it all worthwhile for them.
Will Sherman be the owner in the foreseeable future?
Or will another person be in charge?