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Financing not complete on Marlins deal per report

Potential snag in sale as Loria looks to move on

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MIAMI – The Miami Marlins have hit a potential snag in the sale of the team.

According to a tweet by ESPN's Darren Rovell, "Financing still not completely done on $1.2B Marlins sale to Sherman-Jeter team.  Calls still being made."

Last week, it was reported that a group including Yankees legend Derek Jeter were set to purchase the Marlins for $1.2B.

The primary money-man on that deal is Bruce Sherman.

Marlins President David Samson confirmed those reports.

The potential deal still needs to be approved by Major League Baseball.

The Sherman-Jeter group has a large number of investors, including basketball legend Michael Jordan.

Financing will need to be squared away before Jeffrey Loria is able to sell his team.


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