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Why potential investor says Jeter plan is badly flawed and will fail

Fourth in a five-part series on the new Marlins owners and their plans.

New Marlins CEO Derek Jeter slashed payroll largely because investors were assured they would not be asked to cover losses. Jeter also cited the fact Miami hasn’t been to the postseason since 2003.

But one investor who was asked to join Jeter’s group said Jeter’s plan has a fatal flaw.

He said Jeter made a miscalculation by trading popular players including National League MVP Giancarlo Stanton, angering many of the team’s fans and believing he could nevertheless increase attendance by 4000 per game in 2018 and by an additional 3000 in 2019, as one version of his Project Wolverine business model projects.