The prospective ownership group led by Quogue Capital founder Wayne Rothbaum and former Florida Gov. Jeb Bush has reportedly dropped out of the bidding for the Miami Marlins, according to FanRag Sports' Jon Heyman.
Two groups, including one led by former New York Yankees shortstop Derek Jeter, are still bidding for the South Florida franchise after owner Jeffrey Loria put the team up for sale prior to the 2017 season.
Heyman reported Wednesday that Bush's group didn't appear to be front-runners since it was only comfortable bidding $1 billion—$200 million below Loria's asking price.