Published: Fri, February 10, 2017
Sport | By Fredrick Flores

Jeffrey Loria has a handshake agreement to sell the Marlins


ESPN's Darren Rovell first linked Charles Kushner, who is Ivanka Trump's father in law, to the Marlins earlier this afternoon.

Jeffrey Loria is the owner of the Miami Marlins, but he might not be for long. Owner Jeffrey Loria paid $158 million for the team back in 2002 just before winning the franchise's second championship in 2003.

Financing could be an obstacle for Charles Kushner in this case, should he be the lead bidder, as much of his money is tied up in real estate.

Team president David Samson has said there is a $1.6 billion "handshake agreement" to sell the Marlins to an unidentified New York City real estate developer, two anonymous sources told Forbes Thursday.

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The Marlins have an unofficial "handshake agreement" to sell the team for $1.6 billion to an unknown buyer, according to a report from Forbes.

Kushner was convicted of illegal campaign contributions, tax evasion, and witness tampering back in 2005. "The Commissioner's officer has not heard directly or indirectly of any conversation involving Charles Kushner". Thus, for the real estate developer to purchase the Marlins would likely require more debt than Major League Baseball would be comfortable with. The team has continued to rank near the bottom of all Major League Baseball teams in attendance despite the forecast for larger crowds once it moved into its new ballpark in 2012.

As for the Marlins, the team is considered by many as one on the rise.

If the deal goes through, and Loria is out of the picture, baseball fans in Miami will likely rejoice.

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