The Yankees great and former presidential candidate Jeb Bush have teamed up to bid for the Miami Marlins, the Miami Herald reported Wednesday. They are competing against a NY financier named Wayne Rothbaum, manager of Quogue Capital, a source close to the situation said.
Forbes reported in February that there was a "handshake agreement" to sell the team to a real estate developer for $1.6 billion after team owner Jeffrey Loria mentioned getting $1.7 billion for the team in late 2016.
When Jeter, who lives in Tampa, retired after the 2014 season, he expressed interest in owning a baseball franchise.
"Derek Jeter's name probably comes up a lot, and you don't always know the validity of it, but I know he loves the game", Girardi said.
The two men initially bid separately to buy the franchise and have now joined their bids, with New York-based Wayne Rothbaum, the manager of Quogue Capital, their main competitor, according to the Herald.
The Associated Press is citing a person familiar with the partnership.
Bush of course is from a famed political family with his father and brother both serving as president.
Loria purchased the Marlins in 2002 for $158 million.