Derek Jeter made the surprising decision to step down as the CEO of the Miami Marlins on Monday. Beyond that, he will also be relinquishing his ownership stake of roughly four percent.
Understandably, the move sent massive shockwaves throughout the entire MLB community.
Jeter was not particular good at his job. The Marlins went a combined 218-327 throughout his reign – with one surprising playoff appearance in the COVID-19-shortened 2020 season as his lone major accomplishment.
That said, the unexpected nature of Jeter’s resignation has led to a lot of speculation regarding what led up to it.
According to Joel Sherman of the New York Post, a major factor proved to be the Marlins’ refusal to spend money.
“Heard Jeter believed going into the lockout that there would be another $10M-$15M that the Marlins would spend on the 2022 roster, and that strategy evaporated during the lockout,” he wrote.
“It was central to Jeter’s decision to leave as CEO.”
Shortly thereafter, MLB insider Craig Mish offered a slightly different perspective on the Marlins’ financial situation.
“It is my understanding the Marlins Ownership group remains fully committed to winning in 2022,” he wrote.
“That includes spending after the lockout is over. I’m not sure where the idea has come that they’re done because that is certainly not the case from my understanding.”
New York Mets shortstop Francisco Lindor seemed to have a different impression of why Jeter opted to call it quits.
Lindor’s ig story seems to indicate this move was done in solidarity with the players, in which case I now love jeter even more pic.twitter.com/w395ae5KkN
— Emily Nyman (@EmSheDoesIt) February 28, 2022
Whatever the cause, Jeter is done in Miami. It will be interesting to see what his next move will ultimately be.
Paige VanZant knows how to help her husband get over a tough loss. https://t.co/IKDS7v1F44
— Game 7 (@game7__) February 27, 2022
Jeter’s old rival, Alex Rodriguez, had his fair share of ups and downs as of late. That said, one might be able to still make the case that he has had the superior post-playing career up to this point.
Will Jeter ultimately be able to enjoy a bit more success in his next job, whatever it may be, than he did in Miami?
Time will tell.