Derek Jeter announced Monday that he has stepped down as CEO of the Marlins and will relinquish his ownership stake in the team.
Big news out of Miami. Jeter has been with the Marlins since 2017 as a part of the new ownership group. The club has made impressive strides since then, with an abundance of young pitching talent, even making the expanded playoffs during the shortened 2020 campaign. However, in his statement Monday, the Hall of Famer said that “the vision for the future of the franchise is different than the one I signed up to lead.” It’s unclear what could be next for Jeter, but obviously we can start the speculation about a possible return to the Yankees in some capacity. The timing is obviously interesting as CBA negotiations continue. Per Joel Sherman of the New York Post, Jeter was apparently unhappy about the Marlins’ budget and the ability to spend on more players.