Years ago, when the deal was first announced, Mr. Hedge told you all repeatedly, that the deal put together by the former A+ list athlete with herpes to buy that professional sports team was going to be a major debacle, for many reasons.

It all came to pass, and our former athlete just resigned in disgrace, giving up his stake in the franchise in the process.

Derek Jeter

Miami Marlins

Derek Jeter stepping down as Miami Marlins’ CEO, shareholder

Derek Jeter announced Monday that he has stepped down as CEO of the Miami Marlins, a decision that sent shockwaves through the industry on the day of Major League Baseball’s self-imposed deadline to finalize a new collective bargaining agreement and preserve the start of the regular season.

In a statement sent through a news-release distributor rather than the Marlins, Jeter said “the vision for the future of the franchise is different than the one I signed up to lead. Now is the right time for me to step aside as a new season begins.”

Jeter, the Hall of Fame shortstop who enjoyed an illustrious 20-year career with the New York Yankees, joined the Bruce Sherman-led group that purchased the Marlins from Jeffrey Loria for $1.2 billion in September 2017. Jeter was given a stake of only 4% in the franchise — a stake he will now give up — but was tasked with running business and baseball operations. – Source

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