American former baseball shortstop, businessman, and baseball executive has announced today that he is leaving Miami Marlins and will no longer serve as an executive or a shareholder with the club.
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As a player, Jeter spent his entire 20-year Major League Baseball career with the New York Yankees
“Today I am announcing that the Miami Marlins and I are officially ending our relationship and I will no longer serve as CEO nor as a shareholder in the Club.
“We had a vision five years ago to turn the Marlins franchise around, and as CEO, I have been proud to put my name and reputation on the line to make our plan a reality.
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“Through hard work, trust and accountability, we transformed every aspect of the franchise, reshaping the workforce, and developing a long-term strategic plan for success”, Jeter announced.
Marlins chairman and principal owner Bruce Sherman issued his own statement on the severing of the relationship:
“The Miami Marlins and Derek Jeter announced today that they have agreed to officially end their relationship. The Marlins thank Derek for his many contributions and wish him luck in his future endeavors”, he said.
Sherman and Jeter partnered as prospective buyers for the Marlins back in 2017 and eventually outbid multiple other groups to purchase the franchise from now-former owner Jeffrey Loria at a reported price of $1.2 billion.
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