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.