MIAMI — The Miami Marlins are for sale, and owner Jeffrey Loria may have a buyer.
Loria has a preliminary agreement to sell the team to a New York businessman, but the deal could fall through because the final purchase price hasn't been determined, a person with direct knowledge of the negotiations said Thursday. The person spoke to The Associated Press on condition of anonymity because the Marlins have not commented publicly on the negotiations.
The preliminary agreement was for a purchase price of about $1.6 billion, the person said, but added that was before the prospective buyer did due diligence.