A group led by Massachusetts businessman Tagg Romney has submitted a bid slightly higher than former Florida Gov. Jeb Bush’s and former New York Yankees star Derek Jeter’s $1.3 billion offer to buy the Miami Marlins, and the Marlins and Major League Baseball are now evaluating both offers, an MLB source said Tuesday.
MLB is in the process of vetting numerous investors in both groups and a decision is expected shortly, the source said. The Marlins will make the decision on the new owner but any transaction must be approved by MLB.
“We have two very strong groups that we believe will have sufficient financial resources to complete the sale and run the team effectively,” MLB Commissioner Rob Manfred said in a statement to The Miami Herald.