Derek Jeter group reportedly reaches agreement to buy the Marlins
Yankees' legend Derek Jeter may be about to become a part-owner of the Miami Marlins.
According to multiple reports Friday, team owner Jeffrey Loria agreed to sell the franchise for $1.2 billion to a group led by Jeter and New York businessman Bruce Sherman.
Sherman, a venture capitalist, will reportedly be the so-called control person.
The former Yankee captain would run the business and baseball sides of the organization.
The pair has several other investors, including former NBA star Michael Jordan.
Jeter is believed to be contributing $25 million of his own money.
A previous effort by Jeter to buy the team with former Florida Gov. Jeb Bush fell through.
The Mets are in the same division, the National League East, as the Marlins.
A vote by MLB owners could be weeks away.
Jeter retired from the Yankees after the 2014 season. The team recently retired his number and unveiled his plaque in Monument Park.