Why Derek Jeter steps down as Miami Marlins CEO
Derek Jeter announced Monday that he has stepped down as CEO of the Miami Marlins
Jeter, 47, said the “vision for the future of the franchise is different than the one I signed up to lead"
Jeter, the Hall of Fame shortstop who enjoyed an illustrious 20-year career with the New York Yankees
Jeter, joined the Bruce Sherman-led group that purchased the Marlins from Jeffrey Loria for $1.2 billion in September 2017.
Jeter, 47, was entering the final season of a five-year contract
Jeter was a five-time World Series champion on Yankees teams that were annually among the sport's biggest spenders
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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