Following a failed attempt at purchasing the Miami Marlins, the Romneys are attempting to purchase a portion of the New York Yankees.
According to Jon Heyman of FanRag Sports Network, Mitt Romney and family are bidding to purchase a stake in the New York Yankees following a failed attempt at purchasing the Marlins.
A few months back the family reportedly offered $1.4 billion to buy the Miami Marlins, which is a deal that is now off the table with them pursuing a small stake in the Bronx Bombers.
The Romney family is expected to pay around $25 to $35 million per point and are said to be interested in possibly two points.
Prior to becoming governor of Massachusetts and running for president in 2012, Mitt Romney served as CEO of Bain & Company as well as co-founding a private investment equity firm, so the business experience is there.
Mitt’s oldest son Tagg would also be heavily involved in the deal due to his marketing experience with Reebok as well as the Los Angeles Dodgers.