Miami Marlins Finally Done With Jeffery Loria? $1.6B 'Handshake' Sale In Place, Report Says

Miami Marlins owner Jeffrey Loria could reportedly be on the verge of netting more than $1.5 billion in profit for the Major League Baseball franchise he purchased in 2002.

Team president David Samson has said there is a $1.6 billion “handshake agreement” to sell the Marlins to an unidentified New York City real estate developer, two anonymous sources told Forbes Thursday.