Marlins CEO Derek Jeter, who has slashed about $36 million in player payroll in recent weeks, in August circulated a document to potential investors that projects the Marlins will make an enormous profit in 2018 and sizable profits the following three years.
Project Wolverine, Jeter’s confidential document given to potential investors and shared with The Miami Herald by two of those approached investors, includes ambitious revenue goals for tickets, sponsorship and television rights.
The Marlins generated about $30 million in ticket revenue last season, but Wolverine projects increases to $37.5 million in 2018 and $40.6 million and $45.8 million the following two seasons.
According to a source, even though the National League announced the Marlins’ attendance at 1.6 million last season, only 820,000 were paid tickets.
Wolverine projects the paid figures to rise to 1.1 million, 1.2 million, 1.35 million, 1.5 million and 1.65 million over the next five seasons.
Shout out to Derek Jeter for stepping into Miami Marlins ownership and immediately destroying the team and discouraging the fan base within a few months of getting his own parking space at the team facility. That’s my captain.
I will never forget that Aaron Boone walk off home run that led the Yankees to the 2003 World Series and I will never forget that Marlin beating the Yankees a week later. Derek Jeter clearly hasn’t forgotten either and he’s punishing EVERYONE.
Jeter fired a guy who worked for the team that needed the team’s health care to, ya know, get him through his cancer treatment. Jeter walked into the building and said ‘if he dies, he dies’. Then he traded the star player, Giancarlo Stanton, to the Yankees in a very obvious wink wink to New York.
Now he’s raising ticket prices for the fans in his final middle finger to the Marlins. Miami Marlins ticket prices are going to cost more than the salaries of the awful players that Jeter will be scraping together to lose 162 games.
Long Live Derek Jeter.
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