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highplainsdem

(49,004 posts) Thu Feb 9, 2017, 12:50 PM Feb 2017

Seeing gossip on Twitter about whether Trump is about to buy the Miami Marlins

The gossip is based on this report in Forbes:

http://www.forbes.com/sites/mikeozanian/2017/02/09/miami-marlins-claim-to-have-1-6-billion-handshake-agreement-for-team/#329192d0426a

Two sources who spoke on the condition of anonymity said that Miami Marlins president David Samson has said that there is a $1.6 billion "handshake agreement" for the MLB team. Jeffrey Loria paid $158 million for the baseball team in 2002.

-snip-

My sources would not say who the $1.6 billion handshake agreement was with other than he is a real estate developer based in New York City. The problem, according to these sources, is the potential buyer is not liquid, meaning he does not have the cash to buy the Marlins because his net worth is tied up in real estate. Thus, for the real estate developer to purchase the Marlins would likely require more debt than MLB would be comfortable with.

Loria has been a major Trump donor.

http://www.palmbeachpost.com/events/sports/baseball/marlins-owner-under-fire-for-campaign-donations-trump/9LUPN7njMbx6RHJYtHJKTO/

3 replies

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Seeing gossip on Twitter about whether Trump is about to buy the Miami Marlins (Original Post) highplainsdem Feb 2017 OP

If true cilla4progress Feb 2017 #1

Oh no shenmue Feb 2017 #2

Um, what? Tommy_Carcetti Feb 2017 #3

cilla4progress

(24,736 posts)

1. If true

Reply to highplainsdem (Original post)

Thu Feb 9, 2017, 12:52 PM

Feb 2017

Brazen!

shenmue

(38,506 posts)

2. Oh no

Reply to highplainsdem (Original post)

Thu Feb 9, 2017, 12:53 PM

Feb 2017

Tommy_Carcetti

(43,182 posts)

3. Um, what?

Reply to highplainsdem (Original post)

Thu Feb 9, 2017, 12:53 PM

Feb 2017

As a baseball fan in Florida, I would gladly love to see Loria sell the team after he has grossly mismanaged it during most of his tenure as owner. The team desperately needs competent ownership, which it never really has had in its 24 years of existence (although somehow they did win 2 World Series nonetheless.)

I seriously doubt we'd see a situation where a sitting President decides he also wants to buy a sports team while he's the sitting president, if that's even legal.

But then again, I seriously doubted a situation where we'd see a President Trump in the first place, so what do I know?

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