Jeb Bush’s bid for Miami Marlins is dead

Feb 19, 2016; Greenville, SC, USA; Republican presidential hopeful Jeb Bush speaks to supporters at the Kroc Center. Mandatory Credit: Heidi Heilbrunn/The Greenville News via USA TODAY NETWORK
Feb 19, 2016; Greenville, SC, USA; Republican presidential hopeful Jeb Bush speaks to supporters at the Kroc Center. Mandatory Credit: Heidi Heilbrunn/The Greenville News via USA TODAY NETWORK /
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Former Florida governor Jeb Bush has exited the group which included future Hall of Fame shortstop Derek Jeter and was reportedly the front-runner to buy the Miami Marlins.

Putting the role of Derek Jeter in the future of the ownership of the Miami Marlins in doubt, the Jeb Bush Miami Marlins potential ownership has gone belly-up.

According to Steven Wine of the Associated Press, Bush has lost interest in the potential purchase. As one of the principal investors and faces of the group, that bid is essentially out of the running.

It’s still possible that Jeter could get involved with other bids. Rumors have stated that Tagg Romney, the son of former Massachusetts governor Mitt Romney, has also put in a bid comparable to the $1.3 billion bid that the Bush/Jeter group allegedly submitted.

Wine’s source declined to state why Bush lost interest, and thus far neither MLB, the Marlins, or anyone representing Bush or Jeter have either confirmed or denied the report of Bush’s exit. It’s also unclear whether Jeter would be interested in joining Romney’s group, which already includes Hall of Fame pitcher Tom Glavine. Jeter could form another group, or follow Bush’s lead and exit the process altogether.

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Most of the information about the sale process has been unconfirmed, as it is a private transaction and common practice for involved parties not to comment on on-going negotiations of this scale. The only comments have come from MLB Commissioner Rob Manfred, who has said that there have been no bids presented to his office which have been fully financed, and that the bidding process has been competitive.

Miami faithful may be already dismayed with the news of Jeter’s potential exit, but Marlins fans should keep the faith for right now, as it could be worse. If Romney’s bid, or any other that has or will yet be submitted, fails to serve as sufficient bait for current owner Jeffrey Loria to bite, that would be an even more significant disappointment. It seems that the bidding process is still on-going despite the exits of Bush and Jeter, giving Miami followers some reason to hold out hope for a sale.