Miami Marlins owner Jeffrey Loria, in recent months, has rejected overtures from a half dozen people who expressed interest in buying the Marlins, including one of South Florida’s most famous residents: Former Florida governor Jeb Bush.
According to a source, Bush made a “large offer” to buy the team this offseason, but Loria told him he’s not selling. A second source said Bush had put together a group of wealthy investors, with Venezuelan media mogul Gustavo Cisneros among possibilities mentioned. Cisneros declined to discuss the Marlins in an e-mail.
Bush -- who was governor from 1999 to 2007 and now runs an education advocacy group, consults and gives speeches – refused to discuss the matter or confirm whether he would have been Marlins CEO and managing partner if Loria had agreed to sell. Managing partner was the title his brother, George W. Bush, held when he co-owned the Texas Rangers before he was elected President.
MLB rules would have allowed Jeb Bush to become Marlins managing partner even if he owned only a small percentage.
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Loria, 72, theoretically would have more incentive to sell after 2014, when he no longer would need to share profits with Miami-Dade County. But a friend of Loria insists that barring a health problem or change of heart, he does not want to sell because he loves owning a team.