Jeb Bush Tried to Buy MLB's Miami Marlins, Report Says

Wednesday, 06 Feb 2013 03:54 PM

By Alexandra Ward

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Former Florida Gov. Jeb Bush, a potential 2016 Republican presidential contender, made a big offer to buy the Miami Marlins baseball franchise during the off-season but was turned down, according to a report in the Miami Herald.

Along with a group of wealthy investors that Bush organized that reportedly included Venezuelan media mogul Gustavo Cisneros, Bush made an offer on the team. However, Marlins owner Jeffrey Loria turned Bush down.

Loria, 72, doesn’t want to sell because he said he loves owning the team, The Herald reports. He has owned it since 2003, and Forbes estimated in March that the team was worth $450 million.

The report also says Loria will have greater incentive to sell after 2014, at which point, he legally won't have to share profits with Miami-Dade County.

Originally called the "Florida Marlins," the team rebranded itself as the Miami Marlins in 2011, with new uniforms, colors, a new logo, and a new stadium.

Spokespeople for Bush and the Marlins declined to comment, the Herald said.

Bush's older brother, former President George W. Bush, bought the Texas Rangers baseball team in 1988 with a group of investors. He resigned as CEO in December 1994 but retained his ownership stake in the team until 1998, when billionaire Tom Hicks bought the team. Bush made almost $15 million from the sale, according to Grantland.

Jeb Bush served two terms as Florida governor. Since leaving office in 2006, he has been vocal about the Republican Party's need to reach out to minorities. He emphasized education as a key priority during his time leading Florida.

Bush is slated to speak at the annual Conservative Political Action Conference in March, which is said to be a clear sign that he's considering a run for president in 2016.

Related stories:

Cubans Plan Boycott of Miami Marlins After Manager's Castro Comment


Jeb Bush to Newsmax: Obama Campaigning Like '10-Year-Old'



© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Cambodia HIV Outbreak: 100-Plus People Diagnosed; Investigation Sought

Friday, 19 Dec 2014 18:50 PM

More than 100 HIV infections in a single Cambodian village have spurred the country's prime minister to ask for an inves . . .

Slender Man Case: Two Girls Competent to Stand Trial in Stabbing

Friday, 19 Dec 2014 18:26 PM

Two girls who allegedly stabbed a 12-year-old friend over the online game Slender Man are competent to stand trial for a . . .

Kate Upton Sexiest Woman Alive; Model Apologizes to Teen Brother

Friday, 19 Dec 2014 17:52 PM

Model Kate Upton was selected as People magazine's first Sexiest Woman Alive, a month after Chris Hemsworth received the . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved