Report: Mas to bid ‘around $1.17 billion’ for Marlins

Despite wanting $1.3 billion for his baseball team, Marlins owner Jeffrey Loria could be taking a bit less.

Fox Business reports Miami businessman Jorge Mas has the "inside track" for the team with a bid around $1.17 billion.

Major League Baseball had hoped to seal a deal to sell the Marlins by tomorrow night's All-Star Game at Marlins Park.

Derek Jeter and Tagg Romney, son of former presidential candidate Mitt Romney, were considered to be early front runners to be the team's new owners.

But despite reports that the Yankees legend had failed to come up with the necessary funds and that Romney had dropped out of the bidding, MLB commissioner Rob Manfred said Monday that all three bidders have met Loria's asking price.

It is not known if Loria has dropped his asking price or if bidders have met the $1.3 billion the current owner desires.

This BBSNews article was syndicated from News | WPLG, and written by News | WPLG. Read the original article here.