AP source: Bush-Rothbaum group halts bid for Marlins

FILE - In this Feb. 17, 2016, file photo, Republican presidential candidate, former Florida Gov. Jeb Bush speaks at a rally at Summerville Country Club in Summerville, S.C. A person familiar with the negotiations says a group led by Gov. Jeb Bush and Quogue Capital investment fund founder Wayne Rothbaum has halted its bid to buy the Miami Marlins. The person confirmed the decision to The Associated Press on condition of anonymity Wednesday, Aug. 9, 2017, because the groups that have been involved in negotiations aren’t commenting publicly. (AP Photo/Andrew Harnik, File)

MIAMI (AP) — A group led by former Florida Gov. Jeb Bush and Quogue Capital investment fund founder Wayne Rothbaum has halted its bid to buy the Miami Marlins, a person familiar with the negotiations said Wednesday.

The person confirmed the decision to The Associated Press on condition of anonymity because the groups that have been involved in negotiations aren’t commenting publicly. Massachusetts businessman Tagg Romney was part of the Bush-Rothbaum group before pulling out more than a month ago, the person said.

The latest twists in the Marlins sale saga leave groups led by former New York Yankees shortstop Derek Jeter and by South Florida businessman Jorge Mas still in contention to buy the franchise.

Marlins president David Samson declined to comment on the status of sale efforts, which became public in February.

Major League Baseball owners meet next week in Chicago, where the Marlins situation may be discussed. At the All-Star Game a month ago in Miami, baseball Commissioner Rob Manfred said the team soon expected to choose a winning bid, and each group had offered about the same amount of money.

Jeter’s group bid about $1.3 billion to buy the team from Jeffrey Loria but has not yet raised the money needed. Loria bought the Marlins for $158.5 million in 2002 from John Henry.

STORIES OTHERS ARE CLICKING ON-

>> BACK TO TOP STORIES

WFLA.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s