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BREAKING: Derek Jeter steps down as Miami Marlins CEO

Former New York Yankees star and Hall of Fame shortstop Derek Jeter is stepping down as CEO of the Miami Marlins, according to multiple sources. In a statement, Jeter also announced he was no longer a shareholder in the team either.

Derek Jeter is stepping down as CEO of the Miami Marlins, sources tell ESPN.

— Jeff Passan (@JeffPassan) February 28, 2022

Derek Jeter's statement stepping down as CEO of the Marlins. pic.twitter.com/1NNr0xaOIA

— JJ Cooper (@jjcoop36) February 28, 2022

Derek Jeter and financial mogul Bruce Sherman bought the Marlins from Jeffrey Loria for $1.