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DEREK JETER LEAVES POST AS MIAMI MARLINS’ CEO, SHAREHOLDER | MIAMI HERALD

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el Nuevo Herald Miami.com


NEWS


DEREK JETER LEAVES POST AS MIAMI MARLINS’ CEO, SHAREHOLDER

By TIM REYNOLDS AP Sports Writer

March 01, 2022 2:28 PM
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FILE - Derek Jeter, CEO of the Miami Marlins, speaks with the news media before
a baseball game against the Philadelphia Phillies, Saturday, Oct. 2, 2021, in
Miami. Derek Jeter announced a surprise departure from the Miami Marlins Monday,
Feb. 28, 2022.(AP Photo/Lynne Sladky, File) Lynne Sladky AP


MIAMI

Derek Jeter went into the offseason talking about the Miami Marlins spending
more money on contracts, figuring out ways to contend and continuing to build
for the future.

His focus — or the Marlins’ focus — apparently has changed since.

And now, the Hall of Fame player has left the organization, both as its CEO and
a shareholder.



Jeter announced a surprise departure from the Miami Marlins on Monday after 4
1/2 mostly unsuccessful years that didn't come remotely close to matching his
success as a player for the New York Yankees. The Marlins had the fourth-worst
record in baseball over Jeter’s four seasons, making the playoffs only in 2020
when more than half of the MLB’s 30 teams qualified in the pandemic-affected
year.

“Through hard work, trust and accountability, we transformed every aspect of the
franchise, reshaping the workforce and developing a long-term strategic plan for
success,” the 47-year-old Jeter said in a statement released through PR Newswire
rather than the Marlins. “That said, the vision for the future of the franchise
is different than the one I signed up to lead.”



What that meant wasn’t exactly clear, though Jeter — who wasn’t physically
around the team on a day-to-day basis — previously said he had trouble remaining
patient in his quest to make the Marlins a winner.

“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,” said Bruce
Sherman, the Marlins’ principal owner, in another statement released through a
public relations firm and not by the team itself.

In the short term, it would seem likely that more of the leadership role will
fall on Kim Ng — the general manager who Jeter brought to Miami in 2020 and made
her the first female GM in a major professional sport in North America.

Jeter became CEO of the Marlins in September 2017 — and baseball's first Black
CEO — when Sherman bought the team from Jeffrey Loria.

A five-time World Series champion during a playing career spent entirely with
the Yankees from 1995-2014, Jeter was elected to baseball's Hall of Fame in
2020.



Miami went 218-327 during his four seasons at the helm, finishing with a winning
record only once at 31-29 in the pandemic-shortened 2020 season. In the full
seasons under Jeter, the Marlins went 63-98, 57-105 and 67-95.

While the Yankees are among baseball's highest spenders, Miami was 27th among
the 30 teams in payroll last year at $61 million. Jeter said in October that he
was hopeful that would change, after the Marlins’ revenue streams improved over
the last year or so, given a new local television deal and a new naming rights
agreement for the team’s ballpark.

Marlins shortstop Miguel Rojas, the clubhouse leader, lauded Jeter's integrity.

“Derek was a great mentor to me and (helped) me to be a leader," Rojas tweeted.
“This is what leaders do."

Jeter, a shortstop during his playing career, was a 14-time All-Star and the
1996 AL rookie of the year. His 3,465 hits still rank sixth-best on baseball’s
all-time list behind Pete Rose, Ty Cobb, Hank Aaron, Stan Musial and Tris
Speaker.



And when the playing days ended, his desire to run a team was clear. Jeter was
part of the group that won the right in August 2017 to buy the Marlins, a $1.2
billion deal that became official about two months later. Jeter had a 4% stake
in the purchase, coming on board as the CEO and overseeing baseball operations.

He said he was proud to have put his “name and reputation" on the line in an
effort to rebuild the Marlins. Jeter's departure came as Major League Baseball
and its players were working under a Monday deadline to salvage a March 31 start
to the regular season and a 162-game schedule, with talks happening — ironically
— at the spring training home the Marlins share with the St. Louis Cardinals.

“My family and I would like to thank our incredible staff, Marlins fans, Marlins
players, and the greater Miami community for welcoming us with open arms and
making us feel at home," Jeter said. “The organization is stronger today than it
was five years ago, and I am thankful and grateful to have been a part of this
team.”

Jeter played a key role in the Marlins signing former All-Star outfielder
Avisail Garcia to a four-year, $53 million contract in December, just before the
MLB lockout began. The Marlins also locked up ace right-hander Sandy Alcantara
on a five-year, $56 million deal, and brought back Rojas on a two-year, $10
million contract.

Garcia was the last Marlins' big splash before the lockout began. Jeter said he
went to breakfast with Garcia when the team was deciding whether to go forward,
because he wanted the outfielder to convince him personally that he wanted to be
part of the Marlins' plans.



“I’ve dealt with a lot of people in my life and I think I’m a pretty good judge
of character in terms of when someone’s telling me the truth or not, and you
could see in his eye he was excited at the possibility of coming here," Jeter
said that day, after sharing the stage with Sherman at the signing announcement.
“That’s what you want to hear.”

He spoke at length that day about the Marlins' hopes for the future.

Roughly three months later, that future no longer includes Jeter.

“I thank Derek for his service to the Marlins, the communities of Miami and the
game," MLB Commissioner Rob Manfred said. “Derek is a winner on and off the
field ... a pillar of our game and we look forward to his future contributions
to baseball.”

___



AP Baseball Writer Ronald Blum in Jupiter, Florida, contributed to this report.

___

More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports




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