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Michael Jordan Reportedly Joining Bid To Buy Marlins With Derek Jeter

Michael Jordan announces Tar Heels football will wear Jordan brand from now on.


Michael Jordan is reportedly part of the new bid to buy the Miami Marlins.

According to the New York Post, Derek Jeter's group has now bid $1.2 billion to buy the Miami Marlins. It's also reported that they appear to be "closing in" on a deal.

One new development - former NBA superstar Michael Jordan, who owns the majority of the Charlotte Hornets, is now part of the group. It's reported that he isn't putting much money in - he'll act as more of a role model. Here's more:

Interestingly, NBA great Michael Jordan is among a group of about 15 investors in the Jeter camp, sources said — although the ex-hoopster is said to be kicking in very little cash.

Jeter sees Jordan as a role model in how to become a successful sports executive, a source who knows Jeter said.

The group is expected to hear about the bid next week.