Marlins ownership seeking additional investors per report

Memo leaked to FanRag Sports


MIAMI – It didn't take long for new Marlins ownership to seek additional money.

According to a memo leaked to Jon Heyman of FanRag Sports, the Marlins have launced a campaign to raise $250 million by seeking investors.

A group led by businessman Bruce Sherman and baseball legend Derek Jeter bought the Marlins from Jeffrey Loria less than two months ago.

The memo shows potential opportunities for the ownership group to make additional money.

Those include:  naming rights for Marlins Park, additional concerts at the venue, exercising financial discipline with the team's payroll, and building a better farm system.

The memo also points out that the team would like a new Regional broadcast contract.

According to the Miami Herald's Barry Jackson, the Marlins and FS Florida are parting ways with play-by-play announcer Rich Waltz.  He had been with the team for 13 seasons.

Preston Wilson and Jeff Conine were also removed from the broadcast team.

The Marlins continue to discuss trades for their biggest asset, outfielder Giancarlo Stanton.

The National League MVP has a no trade clause and can veto any potential deal.

However, Stanton has made it clear that he doesn't want to be around for a rebuild.


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