Derek Jeter's reasons for leaving Marlins still unknown

It is “still a bit of a mystery” as to what prompted former Marlins CEO Derek Jeter to “end his relationship" with the club back on Feb. 28, according to Bill Madden of the N.Y. DAILY NEWS. Marlins insiders said that there was a “falling out” between Jeter and Owner Bruce Sherman that had been “festering for quite a while.” Some of it may have had to do with Sherman’s realization that he wound up “grossly over paying ($1.2 billion)” for the team in '17 -- a fact that was “further substantiated” in the latest Forbes MLB team values report which listed the Marlins at $990M. Former Marlins Owner Jefferey Loria and his stepson David Samson “bamboozled Jeter and Sherman into thinking the team was worth more than a billion dollars” and that is when now-Inter Miami Owner Jorge Mas, who “knew better, dropped out.” Jeter’s record as a "neophyte CEO was mixed at best.” A Marlins insider said, “(Jeter) just sucked the air of the team. People were afraid to voice their opinions and I think Sherman got tired of hearing and reading that Jeter was the owner.” A source said that, with his five-year contract as CEO “set to expire" at the end of this season, Jeter “asked for an extension.” But when Sherman said that he wanted to “wait until the end of the season to evaluate things," Jeter “saw the writing on the wall and quit.” The Marlins rely heavily on their $70M annual revenue-sharing stipend -- a development that “does not sit well with so many of the much smaller market teams” like the Brewers, Royals and Twins who, because they "do a much better job of marketing, get much less revenue sharing.” Sherman "unequivocally" stated that the Marlins “have money and intend to spend it” (N.Y. DAILY NEWS, 4/3).