Billionaire backs out of Marlins buyout group because partner Derek Jeter is a cheapskate
Derek Jeter’s bid for the Miami Marlins has lost one of its big billionaire backers, The Post has learned.
Chicago billionaire Richard Chaifetz, has recently exited Jeter’s group — potentially leaving the Yankees great short of Marlins’ owner Jeffrey Loria’s asking price just days before Major League Baseball had hoped to have a winning bid chosen by the team.
Chaifetz was uncomfortable with Jeter seeking control while not investing much money in the team, sources said. Jeter several months ago left a bidding partnership with former Florida Gov. Jeb Bush over similar control issues, sources said.
Read full Article here »