Marlins have "handshake" agreement in place to sell the team

Magneto2.0 · Post by **Magneto2.0** » February 9 17, 10:31 am

http://www.mlbtraderumors.com/2017/02/m ... ement.html

The Marlins have a “handshake agreement” in place to sell the team to a New York-based real estate developer for the price of $1.6 billion, reports Mike Ozanian of Forbes. Ozanian cites two anonymous sources that claim to have been told by Marlins president David Samson that the deal is in place. The $1.6 billion price tag would be more than 10 times the $158MM price at which owner Jeffrey Loria purchased the team back in 2002.

The hangup in the reported agreement for the time being is that the potential buyer does not have enough liquid assets to make the purchase, as the majority of his net worth is tied up in real estate investments. Allowing this buyer to purchase the team would require more debt than Major League Baseball would be comfortable with, per Ozanian.

As Ozanian points out, the Dodgers’ current ownership group took on an enormous amount of debt when buying the team for $2 billion, but Guggenheim Baseball Management also had hundred of millions of dollars in hedge fund money and a $6 billion television agreement that dwarfs the Marlins’ current contract with Fox Sports Florida.

Leroy · Post by **Leroy** » February 9 17, 10:55 am

Umm...excuse me...I believe I requested the hand job.
:cm:

Post by **heyzeus** » February 9 17, 11:22 am

How's Trump going to have time to ruin the country and a baseball team at the same time?

obucard · Post by **obucard** » February 9 17, 11:28 am

heyzeus wrote:How's Trump going to have time to ruin the country and a baseball team at the same time?

Well, the baseball team's already ruined, so...

Leroy · Post by **Leroy** » February 9 17, 12:06 pm

He probably knows more about baseball than whoever it was that invented it.

MinorLeagueGuy · Post by **MinorLeagueGuy** » February 9 17, 1:29 pm

They improved just in time to sell. Makes sense.

go birds · Post by **go birds** » February 9 17, 1:38 pm

i really hate that i never bought a baseball team

Post by **Radbird** » February 9 17, 2:05 pm

Maybe the guy will convert them to an NFL team and move them to STL.

Post by **Michael** » February 9 17, 4:37 pm

heyzeus wrote:How's Trump going to have time to ruin the country and a baseball team at the same time?

Fake news! Sad!

It's actually Trump's son in law's father:

Tim · Post by **Tim** » February 9 17, 4:41 pm

Michael wrote:
heyzeus wrote:How's Trump going to have time to ruin the country and a baseball team at the same time?
Fake news! Sad!

It's actually Trump's son in law's father:

Wow.

GatewayRedbirds.com

Marlins have "handshake" agreement in place to sell the team

Marlins have "handshake" agreement in place to sell the team

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