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Marlins to be sold?

Frayed Knot Feb 09 2017 07:18 PM

Forbes says "Two sources who spoke on the condition of anonymity said that Miami Marlins president David Samson has said that there is a $1.6 billion "handshake agreement" for the MLB team." The buyer is reportedly an unnamed "New York real estate developer" but is one whose assets are mostly tied up in his holdings and therefore might not meet the debt/liquidity requirements that MLB wants to see. Jeffrey Loria purchased the team in 2002 for $158 million. The team generates a small income from both local media and paying attendance (dead last in the NL four years running), but the new, publicly financed stadium has to be an attraction for any potential buyers.

Ceetar Feb 09 2017 07:49 PM Re: Marlins to be sold?

yeah, because Loria honors handshake agreements? Why is Trump trying to buy the Marlins and is that legal?

d'Kong76 Feb 09 2017 07:52 PM Re: Marlins to be sold?

Ceetar wrote: Why is Trump trying to buy the Marlins and is that legal? That's the first think I quipped in my head. The second this was he'll sign an Executive Order making it legal and great.

John Cougar Lunchbucket Feb 09 2017 10:16 PM Re: Marlins to be sold?

It would be funny (and sad) were it David Einhorn with a mission to destroy Fred for scuttling his deal.

MFS62 Feb 09 2017 11:07 PM Re: Marlins to be sold?

John Cougar Lunchbucket wrote: It would be funny (and sad) were it David Einhorn with a mission to destroy Fred for scuttling his deal. "New York Real Estate Developer" Can the Wilpons own two teams? Later

Nymr83 Feb 10 2017 12:19 AM Re: Marlins to be sold?

Ceetar wrote: yeah, because Loria honors handshake agreements? Why is Trump trying to buy the Marlins and is that legal? He decided America has been made great again and its time to move on an face new challenges.

Frayed Knot Feb 10 2017 01:07 AM Re: Marlins to be sold?

Why is Trump trying to buy the Marlins and is that legal? Not too far off it turns out as further reports identify Jared Kushner's father as the potential buyer (or at least A potential buyer). There are, however, several things which might make that a bit problematic. Bloomberg News: Charles Kushner has a criminal record -- in 2005 he was convicted of witness tampering, illegal campaign contributions and tax evasion -- which would probably keep him from being approved as a principal owner of a Major League Baseball team. Jared’s position in the White House would likely keep him from buying the team as well. Of course that whole campaign contribution illegalities -- and the subsequent pressuring of witnesses to lie about it -- never seemed to affect Steinbrenner's ownership although it was the cause of the first of his several suspensions.

TheOldMole Feb 10 2017 09:47 PM Re: Marlins to be sold?

Does this mean we'll get KellyAnne Conway urging everyone to go to Marlins games?

Benjamin Grimm Feb 10 2017 09:53 PM Re: Marlins to be sold?

I think it means that Ivanka will be selling them the uniforms. And the team color will be orange and the caps will look like birds nests.

MFS62 Feb 11 2017 03:23 AM Re: Marlins to be sold?

New reports say the bid was submitted by a member of the Kushner family corporation , but not Jared (the advisor)or his dad (the criminal). Later

Ashie62 Feb 12 2017 01:49 AM Re: Marlins to be sold?

1.6 billion seems a bit much for this piece of doo-doo.

Edgy MD Feb 12 2017 02:03 AM Re: Marlins to be sold?

Oh, I believe it. What other industry gives you territorial exclusivity and an antitrust exemption? Franchises have crazy value. Even the Padres. Even the Rays. I wonder which one Jeffrey Loria will move to mess up next.

Nymr83 Feb 12 2017 03:11 AM Re: Marlins to be sold?

there is also the joy of being an owner, which may have no price for some rich folks.

LeiterWagnerFasterStrongr Feb 12 2017 07:20 AM Re: Marlins to be sold?

You either buy a team as a vanity item or because-- like we were-- you're hooked on the stuff. Antitrust exemption or no, it's far from the most efficient way to turn some money into more money. Also, the flying-dolphin sculpture is... one of a kind.

Frayed Knot Feb 12 2017 08:17 PM Re: Marlins to be sold?

Forbes recently valued the Marlins at $675 million, the second least valuable franchise in MLB so that alone raises eyebrows at the reported $1.6-$1.7 billion dollar figure being floated. On the other hand Steve Ballmer's (2015?) purchase of the LA Clippers for [u:24p083tn]$2 Billion[/u:24p083tn] seemed to be the kind of 'vanity' purchase by the former Microsoft CEO where ego gets in the way of smart valuation.

Edgy MD Feb 12 2017 08:40 PM Re: Marlins to be sold?

LeiterWagnerFasterStrongr wrote: You either buy a team as a vanity item or because-- like we were-- you're hooked on the stuff. Antitrust exemption or no, it's far from the most efficient way to turn some money into more money. Efficient? Maybe not, but I would bet that it's one of the more secure. Franchise sale prices have outstripped their alleged valuations for decades, and their valuation appreciation is continually impressive. And they are pretty much firewalled against failure.

41Forever Feb 12 2017 08:54 PM Re: Marlins to be sold?

LeiterWagnerFasterStrongr wrote: You either buy a team as a vanity item or because-- like we were-- you're hooked on the stuff. Antitrust exemption or no, it's far from the most efficient way to turn some money into more money. Also, the flying-dolphin sculpture is... one of a kind. I love the flying marlin sculpture! I like it when ballparks have distinguishing features, like our apple, the ivy at Wrigley, the Liberty Bell in Philly. The decades of the cookie-cutters made too many ballparks indistinguishable.

TransMonk Feb 16 2017 02:08 AM Re: Marlins to be sold?

Edgy MD wrote: I wonder which one Jeffrey Loria will move to mess up next. Marlins owner Jeffrey Loria reportedly in line to be Trump's ambassador to France

Edgy MD Feb 16 2017 02:50 AM Re: Marlins to be sold?

Somebody slap me the next time I make a Jeffrey Loria joke.

Ceetar Feb 16 2017 03:11 AM Re: Marlins to be sold?

Edgy MD wrote: Somebody slap me the next time I make a Jeffrey Loria joke. you son of a silly person I blow my nose at you

Frayed Knot Apr 05 2017 08:50 PM Re: Marlins to be sold?

A report by 'Fox Business' talks about three groups potentially vying for future Marlins ownership. One group is being fronted by former FLA Governor Jeb Bush and another by Derek Jeter. A potential third bidder remains unnamed. http://www.foxbusiness.com/features/201 ... rlins.html

John Cougar Lunchbucket Apr 05 2017 09:13 PM Re: Marlins to be sold?

In case you didn't already hate the Marlins enough.

Ashie62 Apr 05 2017 09:31 PM Re: Marlins to be sold?

This Jeter guy just doesn't go away.

bmfc1 Apr 06 2017 02:56 AM Re: Marlins to be sold?

Bush, Jeter, throw a Trump in there and the Marlins will rival the MFYs and WSH in my eyes.

batmagadanleadoff Apr 06 2017 03:09 AM Re: Marlins to be sold?

John Cougar Lunchbucket wrote: In case you didn't already hate the Marlins enough. I have a secret crush on this team. If I was working with a clean slate, I might've made the Marlins my favorite team. It was the re-branding. The new unis. The ditching of "Florida" for "Miami". Miami's cool. Florida, as far as I'm concerned, is white trash central that gave us Bush and now Trump. The new modern stadium with the pop art touches everywhere that broke the tired retro ballpark theme. I mean it's 25 years now and they're still copying Camden Yards. But Jeter or Trump would definitely drive me away. I mean, it's not as if I live in Miami or something. And their stadium food's kind of on the sucky side, especially by today's standards. So there's that, too.

John Cougar Lunchbucket Apr 06 2017 11:16 AM Re: Marlins to be sold?

I like the idea of the new stadium too and also their new unis/design, but Loria and Sampson are such creeps and yet perhaps not the worst past or future runners of that franchise. The club itself seems dedicated to the notion of either short-cutting their way to the top or not even trying, taking fans for granted.

41Forever Apr 06 2017 12:26 PM Re: Marlins to be sold?

I like the Marlins is sort of a secondary way. I've seen two games at the new stadium, and five or so at Joe Robbie -- including the first two games in the inaugural season and Game Six of the World Series. I like the new uniforms, though the cap logo is a little too big and I'm not crazy about the number font. But the team sure does make it tough to be a fan. It needs stable ownership and a long-term plan.

Benjamin Grimm Apr 06 2017 12:39 PM Re: Marlins to be sold?

I agree that the cap logo is too big. I think the Marlins uniforms are pretty ugly, but I give them credit for trying something different, I guess. I definitely appreciate that they didn't build the 15th clone of Camden Yards.

Frayed Knot Apr 06 2017 12:54 PM Re: Marlins to be sold?

Yeah, my only objections to the Marlins aesthetics-wise is the big M which, to me, looks like the logo telling you where to catch the Municipal bus. The stadium is fine as long as you're not one of the taxpayers who had to foot the bill for it but that's hardly unique to them and, besides, it's their problem not mine. My objections to the franchise are more along the lines of JCL's - from Huizenga's ownership on through. From the tear-down mentality even when it wasn't called for just when they should have been building a fan base all while pocketing revenue sharing money, the insistence of calling themselves 'Florida' because they wanted to 'claim the state' ahead of any franchise in Tampa, to the 'credit' they take for getting lucky twice (still have two more WS wins than division titles) as if those wins represented some sort of strategy rather than just getting hot at the right time, and then the whole tear-down thing all over again.

Edgy MD Apr 06 2017 02:59 PM Re: Marlins to be sold?

Yeah, different only gets me half the way there.

batmagadanleadoff Apr 06 2017 04:46 PM Re: Marlins to be sold?

John Cougar Lunchbucket wrote: I like the idea of the new stadium too and also their new unis/design, but Loria and Sampson are such creeps and yet perhaps not the worst past or future runners of that franchise. The club itself seems dedicated to the notion of either short-cutting their way to the top or not even trying, taking fans for granted. Plus, you know .... The. Best. Scoreboard. In. All. Of. Baseball. scoerboard like it oughtta be [fimg=666]https://s-media-cache-ak0.pinimg.com/736x/ed/6c/e8/ed6ce89418ea787853d715161d171387.jpg[/fimg] [fimg=666]https://d13csqd2kn0ewr.cloudfront.net/uploads/image/file/205730/cropped_GettyImages-610375410.jpg?ts=1474818690[/fimg] adboard [fimg=666]https://andrewjkahn.files.wordpress.com/2014/04/20140331_164759.jpg[/fimg]

Ceetar Apr 06 2017 04:47 PM Re: Marlins to be sold?

I mean, you should at least post the current scoreboard. trapezoidal scoreboards are just gimmicky.

batmagadanleadoff Apr 06 2017 04:54 PM Re: Marlins to be sold?

Ceetar wrote: I mean, you should at least post the current scoreboard. Oh. You mean the one that's 6% less ugly than the original hideousness?

Ceetar Apr 06 2017 06:41 PM Re: Marlins to be sold?

batmagadanleadoff wrote: Ceetar wrote: I mean, you should at least post the current scoreboard. Oh. You mean the one that's 6% less ugly than the original hideousness? Still better than the trapezoidal mess at Marlins park.

batmagadanleadoff Apr 12 2017 11:14 PM Re: Marlins to be sold?

batmagadanleadoff wrote: I like the idea of the new stadium too and also their new unis/design, but Loria and Sampson are such creeps and yet perhaps not the worst past or future runners of that franchise. The club itself seems dedicated to the notion of either short-cutting their way to the top or not even trying, taking fans for granted. Plus, you know .... The. Best. Scoreboard. In. All. Of. Baseball. scoerboard like it oughtta be [fimg=666]https://s-media-cache-ak0.pinimg.com/736x/ed/6c/e8/ed6ce89418ea787853d715161d171387.jpg[/fimg] [fimg=666]https://d13csqd2kn0ewr.cloudfront.net/uploads/image/file/205730/cropped_GettyImages-610375410.jpg?ts=1474818690[/fimg] adboard [fimg=666]https://andrewjkahn.files.wordpress.com/2014/04/20140331_164759.jpg[/fimg] And now ... the coolest cat in all of baseball. http://abcnews.go.com/Lifestyle/cat-cra ... d=46741149

Frayed Knot Apr 20 2017 04:55 PM Re: Marlins to be sold?

The latest story has it that, rather than being rivals, the Jeter & Jeb groups are now joining forces in an attempt to become the next Marlins owner(s). Earlier stories had them as two of three groups trying to be the buyer. The third, now second, group remains anonymous thus far.

Edgy MD Apr 20 2017 05:09 PM Re: Marlins to be sold?

Can Jeb! be president and President Trump take over the Marlins?

Ceetar Apr 20 2017 05:31 PM Re: Marlins to be sold?

Frayed Knot wrote: The latest story has it that, rather than being rivals, the Jeter & Jeb groups are now joining forces in an attempt to become the next Marlins owner(s). Earlier stories had them as two of three groups trying to be the buyer. The third, now second, group remains anonymous thus far. Marlins are trying real hard to pick someone I'll hate MORE than current ownership.

Edgy MD Apr 20 2017 06:28 PM Re: Marlins to be sold?

It seems that team purchases these days aren't about who has the most smackeroonies, but who can best embody the league's interests, and so putting together a team represented by political connectedness, media connectedness, minority representation, and fan credibility seems to be the first aim, and ultimately the lion's share of the money is put up by the banks.

Frayed Knot Apr 25 2017 10:15 PM Re: Marlins to be sold?

The Bush/Jeter effort is in fact the winning group to negotiate for buying the Marlins. Price and details and such still to be worked out.

Edgy MD Apr 25 2017 11:44 PM Re: Marlins to be sold?

And Jeffrey Loria is making something like an 823% profit on the sale off his initial investment. Don't be telling me that owning a team isn't a money-making operation.

Ashie62 Apr 25 2017 11:46 PM Re: Marlins to be sold?

Jeter moves closer, to our division.

Benjamin Grimm Apr 26 2017 12:16 AM Re: Marlins to be sold?

During a Marlins rally, they should play this video on the scoreboard: [youtube:3fhsgt58]I8kNBichN4c[/youtube:3fhsgt58]

MFS62 Apr 26 2017 12:36 AM Re: Marlins to be sold?

Edgy MD wrote: Can Jeb! be president and President Trump take over the Marlins? America would have to at least throw in a couple of minor leaguers to even that out. Later

Lefty Specialist Apr 26 2017 12:42 AM Re: Marlins to be sold?

So how long before those home uniforms are white with navy pinstripes and no names on the back?

Edgy MD Apr 26 2017 02:45 AM Re: Marlins to be sold?

MFS62 wrote: Edgy MD wrote: Can Jeb! be president and President Trump take over the Marlins? America would have to at least throw in a couple of minor leaguers to even that out. Later I'll happily throw in pretty much all of the administration. Anybody but Secretary Chao. She's boss.

Frayed Knot Apr 26 2017 03:31 AM Re: Marlins to be sold?

I guess it's only fair that Jeter get a chance to own the Marlins. After all, the Marlins owned his Yanquis in the 2003 World Series.

MFS62 Apr 26 2017 12:30 PM Re: Marlins to be sold?

Frayed Knot wrote: I guess it's only fair that Jeter get a chance to own the Marlins. After all, the Marlins owned his Yanquis in the 2003 World Series. BAM! Later

Frayed Knot May 04 2017 01:48 AM Re: Marlins to be sold?

A couple days after the Jeb/Jeter group was said to be the winner of the 'Buy the Marlins' sweepstakes, Rob Manfred declared that things were NOT necessarily over. And now it seems that a billionaire has popped his head into things and may well trump the earlier bid. Billionaire Charles Dean Metropoulos, whose buyout firm controls Hostess Brands, the maker of Twinkies, is interested in making an offer for the team, according to a source with direct knowledge of the situation. Worth $2.4 billion according to Forbes, he has long coveted buying a sports team for sons Evan and Daren.

Edgy MD May 04 2017 02:35 AM Re: Marlins to be sold?

Metropulos? Twinkies? Two sons? That guy should be buying the Twins.

Frayed Knot May 04 2017 02:38 AM Re: Marlins to be sold?

I just figured with a name like Metropoulos, he might want to change the team name to the 'Supermen'.

MFS62 May 05 2017 01:11 PM Re: Marlins to be sold?

Frayed Knot wrote: I just figured with a name like Metropoulos, he might want to change the team name to the 'Supermen'. This is getting comical. Later

Benjamin Grimm May 05 2017 01:15 PM Re: Marlins to be sold?

I definitely have more Marvel (and classic cinema) than DC in my DNA. When I hear "Metropolis" I don't first think of Superman's city. I think of Fritz Lang's silent classic.

Frayed Knot May 13 2017 01:02 PM Re: Marlins to be sold?

Current rumors have the Bush/Jeter team now slipping into 2nd place behind a group led by Tagg (sonn off Mitt) Romney and his celebrity investor, Tom Glavine. MLB rules require a certain amount of up-front money and less of it as borrowed debt and the Tagg-team appears to have the edge in that matter leaving the Jeter group as Numbah Two http://www.nydailynews.com/sports/baseb ... -1.3160564

cooby May 13 2017 02:35 PM Re: Marlins to be sold?

Benjamin Grimm wrote: I definitely have more Marvel (and classic cinema) than DC in my DNA. When I hear "Metropolis" I don't first think of Superman's city. I think of Fritz Lang's silent classic. Geez that looks creepy

Frayed Knot May 31 2017 01:11 PM Re: Marlins to be sold?

This soap opera continues to spin. Jeb Bush is dropping out of his bid to buy the Marlins even amidst reports that the price is dropping far below the original rumored $1.4 billion. This leaves Mr. Jet-ah scrambling for other financial partners and the door a bit more open for other groups to jump in.

Edgy MD May 31 2017 01:17 PM Re: Marlins to be sold?

Jetes and Jebs reportedly disagreed about who would be the controlling partner, an issue that can come up in these purchases when the real majority owner is "The Bank." Still, you'd think they'd have hammered this out earlier.

Mets Willets Point May 31 2017 02:39 PM Re: Marlins to be sold?

Darn. I was looking forward to years of Jeb!/Marlins jokes l like this one. Benjamin Grimm wrote: During a Marlins rally, they should play this video on the scoreboard: [youtube]I8kNBichN4c[/youtube]

Frayed Knot Aug 11 2017 10:53 PM Re: Marlins to be sold?

No one is confirming anything yet, but there is apparently an agreement to sell the Marlins to a group led by "NY Financier" Bruce Sherman Sherman would be "the control person" of the team with minority investor (one of 15 say reports) Derek Jeter to run the baseball operations. Price is said to be $1.2 Billion

MFS62 Aug 12 2017 01:40 AM Re: Marlins to be sold?

Frayed Knot wrote: Derek Jeter to run the baseball operations. Price is said to be $1.2 Billion That means we'll be seeing TV shots of him (if not interviews) in the owner's booth on every single telecast, both when the Mets play them and all nationally telecast games. The fucker is harder to get rid of than a condo in Florida. Later

seawolf17 Aug 12 2017 01:46 AM Re: Marlins to be sold?

I love love love that now both Don Mattingly AND Cap'n Intangibles will be tainting their pinstriped memories with a franchise with the most garish color scheme in the majors.

Frayed Knot Aug 12 2017 02:09 AM Re: Marlins to be sold?

MFS62 wrote: Frayed Knot wrote: Derek Jeter to run the baseball operations. Price is said to be $1.2 Billion That means we'll be seeing TV shots of him (if not interviews) in the owner's booth on every single telecast, both when the Mets play them and all nationally telecast games. The fucker is harder to get rid of than a condo in Florida. Jeter never did interviews when he was a player and the press had access to him on a daily basis. I don't see him starting now when he's got an office suite in which to hide. The scribes will have better odds of getting a Jimmy Hoffa interview.

bmfc1 Aug 12 2017 11:51 AM Re: Marlins to be sold?

We'll be force-fed shots of Jeter in uniform during ST showing young Marlin SS's how to do it the Jeter-way. Harold Reynolds will cackle: "why doesn't he show them the patented Jeter leap and throw?"

Lefty Specialist Aug 12 2017 02:26 PM Re: Marlins to be sold?

seawolf17 wrote: I love love love that now both Don Mattingly AND Cap'n Intangibles will be tainting their pinstriped memories with a franchise with the most garish color scheme in the majors. Not for long, I'd bet. Expect new pinstriped Marlins unis next year.

Ashie62 Aug 12 2017 07:14 PM Re: Marlins to be sold?

This is all too effin funny. The MFY'S helped to make my life miserable in the nineties and now the guy with the hockey mask is back!

Edgy MD Aug 13 2017 04:28 AM Re: Marlins to be sold?

Guys, a Marlins team with Jeter as the president of baseball operations will be awful.

41Forever Sep 07 2017 03:15 PM Re: Marlins to be sold?

Jeter's about to make Marlins fans yearn for the Wilpons. Check this out -- from Sports Illustrated: [url]https://www.si.com/mlb/2017/09/04/derek-jeter-owner-miami-marlins-salary-cap Some glorious nuggets: On Sunday, the Miami Herald’s Barry Jackson reported that Derek Jeter, who agreed to purchase the team from Loria last month, wants to cut Miami’s payroll drastically—potentially by as much as $60 million—once he takes over, consigning the Marlins yet again to irrelevance just as they seemed to be climbing into a better place. But for as bad as the Marlins have it, MLB can’t be happy with the idea that Jeter doesn’t seem to have any desire to put money into the franchise. According to Jackson, the Sherman/Jeter group has said that it has little liquid capital to afford adding to payroll. Even worse is that Jeter reportedly wants to pay himself $5 million a year to own the team so as to recoup the $25 million he put into the winning bid. MLB team owners are a rapacious group by and large, but the thought of new tenants dropping a billion dollars on a franchise and immediately shipping all the high-priced talent out of town while pocketing payroll for themselves may be too much even for them. It would be a colossal mistake and deeply wrong on the part of Jeter and Sherman to come to Miami and immediately tear things down. To give up right from the get go would be to admit openly that professional baseball isn’t worth the effort in Miami, and if the new ownership group can’t commit to doing what’s right for the franchise and its fans, then they shouldn’t be allowed to purchase the team. Manfred and MLB may desperately want Jeter back in the fold, and they likely want to sell fans on the idea of a new day coming in Miami. But should Jeter buy the team, it looks like it’ll be the same old story for both players and fans.

Edgy MD Sep 07 2017 03:33 PM Re: Marlins to be sold?

Relegate the Marlins!

Frayed Knot Sep 28 2017 01:58 AM Re: Marlins to be sold?

MLB unanimously approves the sale to the Sherman/Jeter group pending only the finalization of the financial stuff between them and Loria expected to be completed by next week. So Jeter is free now to go about firing people - or more accurately to have someone else do it for him.

seawolf17 Sep 28 2017 02:09 AM Re: Marlins to be sold?

Can't wait until they retire #2 next season.

Frayed Knot Sep 28 2017 02:26 AM Re: Marlins to be sold?

Why next year? They'll be home this weekend.

bmfc1 Sep 28 2017 12:02 PM Re: Marlins to be sold?

If Jeter wants to save $ and build for the future, then how about Corey Oswalt and Nimmo for Stanton?

metirish Sep 28 2017 12:54 PM Re: Marlins to be sold?

Does this group have the $$$ to splash big on players? Semms like this was a complicated sale

Frayed Knot Sep 28 2017 01:23 PM Re: Marlins to be sold?

metirish wrote: Does this group have the $$$ to splash big on players? Considering that their immediate plans seem to be to slash payroll drastically in order to stop the club's money bleed and/or to start to recoup their own investment, initial indications point to a 'No' on that one.

Edgy MD Dec 02 2017 03:05 PM Re: Marlins to be sold?

Continuing their brand new role of playing the heel, the Marlins fire longtime scout Marty Scott while he's in the hospital recovering from colon cancer surgery.

MFS62 Dec 02 2017 03:19 PM Re: Marlins to be sold?

Edgy MD wrote: Continuing their brand new role of playing the heel, the Marlins fire longtime scout Marty Scott while he's in the hospital recovering from colon cancer surgery. We should take it as our solemn duty to tell that to any YLDB who tells us what a great person Derek Jeter is. Later