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Miami Herald
Miami Herald
Sport
Jordan McPherson

Derek Jeter out as Marlins CEO, citing different ‘vision for the future of the franchise’

JUPITER, Fla. — Miami Marlins chairman and principal owner Bruce Sherman said in a statement Monday that the organization and CEO Derek Jeter have “agreed to officially end their relationship” after four MLB seasons.

Jeter was entering the final year of a five-year contract that would have expired after the 2022 season.

In a statement, Jeter said he is also giving up his four-percent stake as a shareholder in the franchise and that the reason for his departure was because “the future of the franchise is different than the one I signed up to lead.”

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