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Jeb Bush-Derek Jeter Group Said to Win Auction for Marlins

  • Group said to pay $1.3 billion for team owned by Jeff Loria
  • Other bidders were Tagg Romney and Quogue Capital’s Rothbaum
Photographer: Rob Foldy/Getty Images
Updated on

A group led by former Florida Governor Jeb Bush and former New York Yankees captain Derek Jeter has won the auction for the Miami Marlins baseball team with a $1.3 billion bid, according to a person with knowledge of the deal.

The person requested anonymity because the sale contract hasn’t been signed. The person also wouldn’t name the group’s other investors, though Bush’s network of donors to his unsuccessful presidential campaign was vast.