Major League Baseball's First and Only Black CEO, Derek Jeter, Resigns From the Miami Marlins

Major League Baseball’s First and Only Black CEO Derek Jeter Resigns From the Miami Marlins

As Major League Baseball is embroiled in a contract dispute that looks like the season won’t be starting on time, news comes out of Miami that former New York Yankee great, Derek Jeter, has resigned as the team’s CEO.

Jeter announced his move via a press release:

“Today I am announcing that the Miami Marlins and I are officially ending our relationship and I will no longer serve as CEO nor as a shareholder in the Club. We had a vision five years ago to turn the Marlins franchise around, and as CEO, I have been proud to put my name and reputation on the line to make our plan a reality. Through hard work, trust and accountability, we transformed every aspect of the franchise, reshaping the workforce, and developing a long-term strategic plan for success.

“That said, the vision for the future of the franchise is different than the one I signed up to lead. Now is the right time for me to step aside as a new season begins.”

The team’s owner, Bruce Sherman also released a statement Monday announcing that the Miami Marlins and Jeter have parted ways.

“The Miami Marlins and Derek Jeter announced today that they have agreed to officially end their relationship,” Sherman said in a written statement. “The Marlins thank Derek for his many contributions and wish him luck in his future endeavors.

Jeter had been hired when Sherman’s ownership group purchased the team in August 2017. The Major League Baseball Hall of Famer owned a 4 percent stake in the franchise. As the Chief Executive Officer, Jeter was tasked with overseeing the day-to-day operations and reportedly was at the end of a five-year deal that would have expired later this year.

Jeter, who played his entire Hall of Fame career with the New York Yankees. According to NPR, Jeter won the World Series five times during his 20-year MLB career. The former shortstop retired in 2014 and was elected into the Baseball Hall of Fame in 2020. The popular player made his major league debut in May 1995 while winning the Rookie of the Year. He was also the MVP of both a World Series and an All-Star Game.

Less than a year ago, ESPN announced that a multipart documentary series is being produced about the legendary first baseman.

The documentary series, The Captain, will tell the story and accomplishments of one of the greatest icons in modern sports who spent his whole 20-year playing career with the New York Yankees. The series will uncover the man behind the icon. Jeter, who came up in the storied franchise’s minor league system before joining the Yankees, helped turn the once-struggling franchise into a storied powerful dynasty. As Jeter forged a Hall of Fame career, he established himself as the model Yankee both on- and off-the-field and was always acknowledged by his formidable style, class, and charisma.

The Captain is being executive produced by famed Knicks fan and esteemed filmmaker Spike Lee, Mike Tollin (The Last Dance), Mandalay Sports Media, Excel Sports Management’s media arm Excel Media, and Connor Schell. This is being done in association with The Players’ Tribune and Major League Baseball.

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