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.