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Report: Jeffrey Loria to sell Marlins to Jorge Mas for $1.17 billion

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As All-Star festivities have already gotten under way in Miami, Marlins owner Jeffrey Loria is reportedly set to sell the team to businessman Jorge Mas for $1.17 billion, Mike Ozanian of Forbes reports. 75 percent of baseball’s owners must approve the deal before it becomes official.

Mas is chairman and co-founder of MasTec, an infrastructure engineering and construction company.

In 2002, Loria bought the Marlins for $158 million, so he made a pretty good return on investment. As Ozanian notes, the Marlins are expected to lose $70 million and will pay interest on approximately $400 million in debt.

The Marlins entered the All-Star break at 41-46, 10.5 games out of first place. There is some thought that the team will undergo another fire sale and getting a new owner in place before the trade deadline would clear one giant hurdle. Major League Baseball would have to have been consulted if the Marlins had tried to have a fire sale while Loria was still in the midst of selling the team.

Video: Jaime Garcia hits a 399-foot grand slam

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Jaime Garcia has been at the center of trade talks for several days now, but on Friday night, he commanded center stage for an entirely different reason. The Braves’ southpaw went head-to-head with Dodgers’ lefty Alex Wood and mashed his first career grand slam: a two-out, 399-foot blast that cleared the wall in right field and put the Braves up 9-0 in the fifth inning.

The bases-loaded knock was the third career home run for Garcia, whose contributions at the plate have been few and far between over his nine-year track in the major leagues. Not only did the homer mark an impressive career first for the 30-year-old, but it was just the second pitcher grand slam in Braves’ history and the first since 1966.

Garcia looked almost as impressive on the mound during Friday’s series opener, issuing one run, four hits and three strikeouts through his first six innings. The Braves currently lead the Dodgers 12-1 in the top of the seventh inning.

As for whether the slam will affect negotiations between the Braves and Twins? MLB.com’s Mike Petriello put it best:

Ryon Healy exits game after taking a ground ball to the face

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Athletics’ first baseman Ryon Healy had a scary moment during Friday’s loss to the Mets. Lucas Duda smacked a single to the first base side, where the ball took a high hop and caught Healy in the left temple. He crumpled to the ground after getting struck by the one-hopper, but was eventually able to stand and walk off the field with assistance from a trainer.

Prior to the injury, Healy went 2-for-3 at the plate with an RBI single in the first inning. He was replaced by Yonder Alonso, who finished off the rest of the night’s 7-5 loss with a walk in two plate appearances.

Following the game, manager Bob Melvin told reporters that Healy did not appear to have sustained a concussion as a result of the hit. Healy said he thinks he’ll be good to go for Saturday’s game, though a final decision likely won’t be made until tomorrow.