Jeter steps down as Marlins CEO

*Photo from Fox Business*
   Well, in some non-lockout news, we did get some pretty surprising news out of South Florida that wasn't related to the CBA negotiations. Miami Marlins CEO Derek Jeter announced that he would be stepping down from his post after he agreed to part ways with the team, according to Craig Mish of SportsGrid.

   Marlins majority owner Bruce Sherman said in a statement that "The Miami Marlins and Derek Jeter announced today that they have agreed to officially end their relationship. The Marlins thank Derek for his many contributions and wish him luck in his future endeavors. We have a deep bench of talent that will oversee both business and baseball decisions while we work to identify a new CEO to lead our franchise. The ownership group is committed to keep investing in the future of the franchise, and we are determined to build a team that will return to the postseason and excite Marlins fans and the local community."

   Jeter was a part of Sherman's ownership group that bought the Marlins near the end of the 2017 regular season, with Jeter serving as CEO with a 4 percent stake in team ownership. He oversaw day to day operations and had the final say in baseball moves. His contract was for 5 years and was set to expire following the 2022 season.

   According to Joel Sherman of the New York Post, Jeter's decision to leave the Marlins reportedly stemmed from the team's payroll in 2022. Jeter was apparently under the impression that he would be able to spend another $10 to $15 million in payroll for 2022, but plans seemed to have changed during the lockout, leading to Jeter stepping down.

   Jeter said in his statement that "We had a vision five years ago to turn the Marlins franchise around, and as CEO, I have been proud to put my name and reputation on the line to make our plan a reality. That said, the vision for the future of the franchise is different than the one I signed up to lead. Now is the right time to step aside as a new season begins."

   The Marlins rebuild began in the 2017 offseason, with Jeter in charge as stars Giancarlo Stanton, Christian Yelich, Dee Gordon, and Marcell Ozuna were traded that offseason, with star catcher JT Realmuto traded the following winter. Those deals brought in Jose Devers, Sixto Sanchez, Jazz Chisholm Jr, and Nick Neidert, all key prospects of the team, with Chisholm now an everyday contributor to the big league team.

   For now, as the look for a new CEO begins for the Marlins, team GM Kim Ng will take charge as the head of baseball operations of the team, with COO Caroline O'Connor taking care of business operations.

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