Former New York Yankees star Derek Jeter and former Florida governor Jeb Bush are the leaders of a group that won an auction to purchase the Miami Marlins, multiple media outlets reported on Tuesday.
The group made a bid of $US1.3 billion ($A1.7 billion) to purchase the team from owner Jeff Loria, according to the reports.
Loria, a New York art dealer, bought the team in 2002 for $US158 million ($A210 million). Forbes reported that the franchise was valued at $US940 million ($A1.2 billion).
There has been no official confirmation of the deal, and details of the accepted bid have not been made public.
The Miami Herald reported that the team and the Bush-led group are optimistic that a deal can be finalised, although it may be months before the purchase is complete.
A change of ownership requires approval from Major League Baseball. Theoretically, the move could be approved at the next Major League Baseball owners meeting, which is scheduled for May 16-18 in New York.
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