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LOL at Jeter's British Virgin Island Marlins


gotbeer

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Marlins claim British Virgin Islands citizenship to avoid going to court in Miami

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According to the Miami Herald, the Marlins are trying to avoid going to court in Miami by claiming that their team should be considered a corporate citizen of the British Virgin Islands. The basis for this is a little convoluted. Marlins Teamco is a corporation that was formed by Jeter and Marlins majority owner Bruce Sherman specifically to buy the Marlins. One of the corporations that owns a minority stake in Marlins Teamco is based in the British Virgin Islands.

Oh, and LOL at Loria.

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As part of a 2009 agreement, the Jeffrey Loria-owned Marlins agreed that if the team was sold within 10 years, the county would get 5 percent of the profits from that sale. The team, which was bought by Loria for $152 million, was sold in 2017 to the Jeter/Sherman majority group for $1.2 billion. Loria, however, claimed that he somehow lost $140 million from the sale, so neither he nor the Marlins owed the county any profits. 

 

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16 minutes ago, 101halo said:

So, uh, if they're foreign citizens, in this "political climate," any chance the team can get deported? 

In soccer I believe they call it religation. Either way. 

Oakland can't even support one team and you want to send another team there? 

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3 hours ago, mtangelsfan said:

Meanwhile in Tampa,

Big crowds

http://www.sportingnews.com/mlb/news/mlb-white-sox-rays-play-in-front-of-abysmal-crowd-974-orioles-white-sox/1r9nzkorcy9nr15hxkqypbw6nb

I honestly believe that both Florida teams should go away.

Think that was Chicago.... but Tampa doesnt draw much bigger than that....

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