The news began to break on Tuesday evening. Jeb Bush was reportedly no longer interested in purchasing the Miami Marlins, according to anonymous sources.
Bush was yet another among the biggest names in Republican politics seeking to buy one of baseball’s worst performing teams. Others include President Trump’s family circle and a serious investor carrying the name of Romney.
The Bush family has been involved with baseball for decades. George H.W. Bush was captain of the 1948 Yale baseball team and a frequent patron of the Houston Astros. George W. Bush co-owned the Texas Rangers in the 1990s.
Before we learned of Bush’s pursuit of the Marlins, news broke in February that current team owner Jeffrey Loria had a “handshake agreement” to sell the team. Not just to anybody, but to Ivanka Trump’s father-in-law and brother-in-law for $1.6 billion.
Charles Kushner, father of White House Senior Advisor Jared Kushner, and Joshua Kushner were seriously pursuing the purchase, but halted their bid. The problem developed when Trump was said to be strongly considering Loria for the role of ambassador to France. Loria is a major donor to the Republican National Committee.
“Although the Kushners have made substantial progress in discussions for us to purchase the Marlins, recent reports suggest Mr. Loria will soon be nominated to be ambassador to France,” read a statement from another member of the group, Joseph Meyer, Joshua Kushner’s brother-in-law. “If that is true, we do not want this unrelated transaction to complicate that process and will not pursue it.”
Loria is yet to be nominated, leaving open the possibility the Kushners would re-engage if Trump goes in another direction for France. If so, Charles Kushner would need to address questions from his past regarding a conviction for tax evasion.
While Bush is apparently stepping aside, his partner, future first ballot Hall of Famer Derek Jeter is looking for other investors. If the Kushners do not get back in, the Tampa resident’s main competition comes from Massachusetts.
Tagg Romney, a venture capitalist and the 47-year-old son of the GOP 2012 nominee for President Mitt Romney, is making a strong bid and apparently picking up steam. Mitt Romney is not involved with his son’s bid.
In April, former Atlanta Braves’ legend and 2014 Hall of Fame inductee Tom Glavine joined the group. In early May, former Oakland A’s pitching star and Arizona Diamondbacks General Manager Dave Stewart joined Romney and Glavine. Miami native Alex Rodriguez declined an offer to join.
The two competing groups are said to be offering about $1.3 billion. The Marlins hope to close the sale by the time they host the MLB All-Star Game in mid-July.