Jeffrey LoriaAfter a long drawn out process, Marlins owner Jeffrey Loria is reportedly set to sell the team to businessman Jorge Mas for $1.17 billion, Mike Ozanian of Forbes reports. 75 percent of baseball’s owners must approve the deal before it becomes official.

Mas is chairman and co-founder of MasTec, an infrastructure engineering and construction company.

In 2002, Loria bought the Marlins for $158 million, so he made a pretty good return on investment. As Ozanian notes, the Marlins are expected to lose $70 million and will pay interest on approximately $400 million in debt.

The Marlins are 10.5 games out of first place in the NL East with a 41-46 record, so they could be very aggressive sellers at the deadline and can start a rebuild…again. This time with a different owner.

https://i1.wp.com/www.myfantasysportstalk.com/wp-content/uploads/2017/07/jeffrey-loria-11412.jpg?fit=630%2C450&ssl=1https://i1.wp.com/www.myfantasysportstalk.com/wp-content/uploads/2017/07/jeffrey-loria-11412.jpg?resize=150%2C150&ssl=1Dan SchalkMLBRecent Posts#MLB,Jeffrey Loria,Miami MarlinsAfter a long drawn out process, Marlins owner Jeffrey Loria is reportedly set to sell the team to businessman Jorge Mas for $1.17 billion, Mike Ozanian of Forbes reports. 75 percent of baseball’s owners must approve the deal before it becomes official. Mas is chairman and co-founder of MasTec, an infrastructure engineering...Why go anywhere else for sports and entertainment?