Miami Marlins owner Jeffrey Loria has a "handshake agreement" to sell his franchise for $1.6 billion to an unnamed New York City real estate developer, Forbes reports.
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Jeffrey Loria reportedly has a handshake agreement to sell Marlins for $1.6 billion, 15 years after buying the team for $158 million
Jeffrey Loria bought the Marlins for $158 million in 2002. Now he reportedly has a handshake deal to sell the team for $1.6 billion.
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Loria bought the Marlins in 2002 for $158 million. A $1.6 billion figure would make for the second biggest baseball price tag, behind only the Dodgers, who were sold for $2 billion.
According to Forbes, which cited two sources that attributed news of the deal to Marlins president
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