Why Derek Jeter steps down as Miami Marlins CEO

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Derek Jeter announced Monday that he has stepped down as CEO of the Miami Marlins

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Jeter, 47, said the “vision for the future of the franchise is different than the one I signed up to lead"

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Jeter, the Hall of Fame shortstop who enjoyed an illustrious 20-year career with the New York Yankees

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Jeter, joined the Bruce Sherman-led group that purchased the Marlins from Jeffrey Loria for $1.2 billion in September 2017.

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Jeter, 47, was entering the final season of a five-year contract

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Jeter was a five-time World Series champion on Yankees teams that were annually among the sport's biggest spenders

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Jeter, a New York Yankees icon, had a 4% stake in the team and took over its top C-suite role in 2017

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