Day one of the off-season for Miami started with the official handover of ownership from Jeffrey Loria to Derek Jeter, Bruce Sherman and Co. There was no ceremony, just a signing of the contract behind closed doors, but the new owners may hold a press conference as soon as today. It is unlikely that they will reveal their roster plans right away, though, meaning that the uncertainty surrounding the team may keep baseball in limbo until the World Series is over, at least.
Jeter and Sherman face difficult decisions about the future direction of the franchise, particularly with the core players who had career years, but may cost too much to keep around if the goal is to cut payroll to a more manageable level.