Derek Jeter and Jeb Bush still don’t have the money to buy the Marlins

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Despite all of the excitement yesterday about Derek Jeter and Jeb Bush “winning” the bidding for the Miami Marlins, there remains one minor detail: they don’t have the money.

At least not yet. That’s according to the Wall Street Journal which reports that, as recently as Monday afternoon, Jeter and Bush were calling bankers and other potential financiers to put up the $1.3-1.6 billion needed to buy the team. Jeter and Bush may be rich men, but they’re not that rich, and the WSJ reports that they’d merely be the front men with the real cash coming from silent partners.

Oftentimes men come along who want to buy a major league baseball team who have gobs of cash but do not pass muster with MLB on a personal level. At the moment, anyway, the Bush-Jeter group has the opposite problem. If they get the dough, MLB will no doubt welcome them into the ownership club with open arms. They just need to get the dough.

A detail, I presume, which will eventually be remedied. But not a minor detail.

Bogaerts reportedly heading to the Padres for 11 years, $280 million

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SAN DIEGO — The San Diego Padres and Xander Bogaerts agreed to a blockbuster $280 million, 11-year contract Wednesday night, adding the All-Star slugger to an already deep lineup.

A person familiar with the negotiations confirmed the contract to The Associated Press on condition of anonymity because it was pending a physical.

The Padres already had Fernando Tatis Jr. at shortstop, but he missed the entire season because of injuries and an 80-game suspension for testing positive for a performance-enhancing drug.

San Diego also met with Aaron Judge and Trea Turner before the big stars opted for different teams. The Padres reached the NL Championship Series this year before losing to the Phillies.

“From our standpoint, you want to explore and make sure we’re looking at every possible opportunity to get better,” general manager A.J. Preller said before the Bogaerts deal surfaced. “We’ve got a real desire to win and do it for a long time.”

The 30-year-old Bogaerts was one of the headliners in a stellar group of free-agent shortstops that also included Turner, Carlos Correa and Dansby Swanson.

Bogaerts, who’s from Aruba, terminated his $120 million, six-year contract with Boston after the season. The four-time All-Star forfeited salaries of $20 million for each of the next three years after hitting .307 with 15 homers and 73 RBIs in 150 games.

Bogaerts is a .292 hitter with 156 homers and 683 RBIs in 10 big league seasons – all with Boston. He helped the Red Sox win the World Series in 2013 and 2018.

Bogaerts becomes the latest veteran hitter to depart Boston after the Red Sox traded Mookie Betts to the Los Angeles Dodgers in February 2020. Rafael Devers has one more year of arbitration eligibility before he can hit the market.

Bogaerts had his best big league season in 2019, batting .309 with a career-best 33 homers and 117 RBIs. He had 23 homers and 103 RBIs in 2018.

In 44 postseason games, Bogaerts is a .231 hitter with five homers and 16 RBIs.