The bidding drama over the Miami Marlins has ended, and the winner is former New York Yankees shortstop Derek Jeter. Jeter’s $1.2 billion offer was accepted by the current owner, Jeffrey Loria, and an agreement has been signed. While investing only $25 million himself, Jeter will handle the baseball and management parts of the business. New York investor Bruce Sherman, who is funding most of the rest, will serve as “control person.” Jeter had first worked with Wall Street executive Gregory Fleming to raise enough funds to enter the bidding process. The only remaining bidder had been Jorge Mas, a billionaire from South Florida, who, it was hoped, could rally a lot of business from Cuba. With a mediocre performance warranting sagging attendance, the Florida team carries eight-digit operating losses; but the relative scarcity of Major League Baseball teams attracted big-dollar bidders. Loria paid $158 million for the team in 2002.