March 29, 2024

Press Release

Statement from Jeffrey Loria, previous owner of the Miami Marlins

| 9/28/2017

"Owning the Miami Marlins has been one of the singular honors of my life. I want to thank our players, coaches and employees for the incredible dedication they brought to this pursuit. I also extend my heartfelt thanks to our loyal fans for your passion and commitment to what we built together.

Owning a sports team, like most things in life, is temporary. An owner is merely the steward of a franchise, shepherding the advancement of this public trust during his or her tenure. I'm very proud of our collective achievements during the past 15 years, including bringing a World Series, new ballpark, World Baseball Classics, and an All-Star Game to our community.

But part of the deal is acknowledging when it's time to pass the baton to the next generation, and wish them well in taking things to the next level. With that in mind, I can't think of anyone better suited than Bruce Sherman and Derek Jeter. They are true baseball people, as well as true gentlemen. I have every confidence in their ability as the next stewards of the Miami Marlins to take us to new heights.

Although my ownership is in the past, my love of baseball is not. As an avid fan, I'll be eagerly watching from the sidelines."

Tags: Sports Business

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