The Miami Marlins have a “handshake agreement” to sell the team for $1.6 billion, according to Forbes.
The publication, citing two unnamed sources, said Marlins president David Samson has said the team has an agreement to sell the franchise.
When reached by the Herald, Samson said he had “no comment at all.”
There has been increased speculation within baseball circles that Loria intends to sell the team after hosting the All-Star Game at Marlins Park this summer. The Marlins haven’t enjoyed a winning season since 2009 and last reached the playoffs in 2003 when they won the World Series.