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Miami MarlinsBruce Sherman group · since 2018
Payroll data through2026
Value 2026$1.5BPayroll rank29 of 30Spending index47.3
Miami Marlins Ownership
Owner: Bruce Sherman group · since 2018 · NL East
Budget generosity6low payroll
Patience27very quick to change
Win-now or build46balanced
Last five seasons-4.7 a yeartightening
- Bruce Sherman group: over 9 seasons (2018 to 2026) the club paid on average 0.55 times the league median payroll and ranked 26.7 on average. Best payroll rank 22nd (2023); worst 30th (2025).
- Last five seasons (2022 to 2026): 0.55 times the median, average rank 26.6.
- The club named 5 new managers per ten seasons (2018 to 2025); the league average over the same seasons was 3.4.
- After a losing season (win percentage under 0.480) the spending index moved -1.5 points on average, across 5 such seasons.
Scores run 0 to 100 and describe what the club did under this owner: budget generosity is payroll relative to the league median (50 is the median, 100 is double); patience is how rarely the club changes managers; win-now or build is whether payroll rose or fell after a losing season. They are our summary of public numbers, not a judgment of a person.
- Owner
- Bruce Sherman group
- Principals
- Bruce Sherman
- Owner since
- 2018
- Reported price
- $1.2 billion
- Forbes value (2026)
- $1.5B
- Revenue
- $320M
- Operating income
- $53M
- Payroll 2026
- $83.3M, rank 29 of 30
- Seasons over the tax line, 2003 to 2025
- 0
- Tax paid 2022 to 2025
- $0
| # | Owner or group | Seasons | Type | Reported price | Notes |
|---|---|---|---|---|---|
| 1 | Wayne Huizenga | 1993 to 1998 | individual | Not public | |
| 2 | John W. Henry | 1999 to 2001 | individual | $158 million | |
| 3 | Jeffrey Loria | 2002 to 2017 | individual | $158.5 million | |
| 4 | Bruce Sherman group | 2018 to now | group | $1.2 billion | A public owners list gives $1.3 billion. Derek Jeter was chief executive and part owner from September 2017 to February 2022. |
| List year | Value | Revenue | Operating income |
|---|---|---|---|
| 2026 | $1.5B | $320M | $53M |
| 2025 | $1.05B | $317M | $38M |
| 2024 | Data pending | Data pending | Data pending |
| 2023 | $1B | $238M | -$1M |
| 2022 | $990M | $240M | $25M |
| 2021 | $990M | Not listed | Not listed |
| 2020 | $980M | Not listed | Not listed |
| 2019 | $1B | Not listed | Not listed |
| 2018 | $1B | Not listed | Not listed |
| 2017 | $940M | Not listed | Not listed |
| 2016 | $675M | Not listed | Not listed |
| 2015 | $650M | Not listed | Not listed |
| 2014 | $500M | Not listed | Not listed |
| 2013 | $520M | Not listed | Not listed |
- 1Wayne Huizenga 1993 to 1998
- 2John W. Henry 1999 to 2001
- 3Jeffrey Loria 2002 to 2017
- 4Bruce Sherman group 2018 to now
| Season | Owner | Payroll | Rank | Index | Payroll share of revenue | Record | Playoffs | Over tax line |
|---|---|---|---|---|---|---|---|---|
| 2026 | 4 | $83.3M | 29 of 30 | 47.3 | 80-82 | No | ||
| 2025 | 4 | $67.8M | 30 of 30 | 42.1 | 21.2% | 79-83 | No | No |
| 2024 | 4 | $97.6M | 27 of 30 | 60.7 | 30.8% | 62-100 | No | No |
| 2023 | 4 | $105.4M | 22 of 30 | 66.1 | 84-78 | Yes | No | |
| 2022 | 4 | $88.5M | 25 of 30 | 58.9 | 37.2% | 69-93 | No | No |
| 2021 | 4 | $58.2M | 27 of 30 | 43.5 | 24.2% | 67-95 | No | No |
| 2020 | 4 | $34.2M | 27 of 30 | 53.6 | 31-29* | Yes | No | |
| 2019 | 4 | $75.6M | 27 of 30 | 53.8 | 57-105 | No | No | |
| 2018 | 4 | $91.7M | 26 of 30 | 64.9 | 63-98 | No | No | |
| 2017 | 3 | $110.8M | 20 of 30 | 78.2 | 77-85 | No | No | |
| 2016 | 3 | $77.7M | 28 of 30 | 57.8 | 79-82 | No | No | |
| 2015 | 3 | $73.2M | 30 of 30 | 62.0 | 71-91 | No | No | |
| 2014 | 3 | $50.0M | 30 of 30 | 45.3 | 77-85 | No | No | |
| 2013 | 3 | $35.9M | 29 of 30 | 35.8 | 62-100 | No | No | |
| 2012 | 3 | $98.1M | 15 of 30 | 100.1 | 69-93 | No | No | |
| 2011 | 3 | $65.0M | 24 of 30 | 68.6 | 72-90 | No | No | |
| 2010 | 3 | $31.1M | 29 of 30 | 37.8 | 80-82 | No | No | |
| 2009 | 3 | $36.8M | 30 of 30 | 45.4 | 87-75 | No | No | |
| 2008 | 3 | $21.8M | 30 of 30 | 27.3 | 84-77 | No | No | |
| 2007 | 3 | $30.5M | 29 of 30 | 36.1 | 71-91 | No | No | |
| 2006 | 3 | $14.7M | 30 of 30 | 20.4 | 78-84 | No | No | |
| 2005 | 3 | $60.4M | 19 of 30 | 91.3 | 83-79 | No | No | |
| 2004 | 3 | $42.1M | 25 of 30 | 67.6 | 83-79 | No | No | |
| 2003 | 3 | $49.5M | 24 of 30 | 71.7 | 91-71 | Yes | No | |
| 2002 | 3 | $42.0M | 25 of 30 | 68.7 | 79-83 | No | ||
| 2001 | 2 | $35.8M | 26 of 30 | 55.9 | 76-86 | No | ||
| 2000 | 2 | $19.9M | 29 of 30 | 35.1 | 79-82 | No | ||
| 1999 | 2 | $21.1M | 29 of 30 | 42.4 | 64-98 | No | ||
| 1998 | 1 | $41.3M | 17 of 30 | 97.3 | 54-108 | No | ||
| 1997 | 1 | $48.7M | 8 of 28 | 116.4 | 92-70 | Yes | ||
| 1996 | 1 | $31.0M | 16 of 28 | 92.1 | 80-82 | No | ||
| 1995 | 1 | $24.5M | 25 of 28 | 71.3 | 67-76 | No | ||
| 1994 | 1 | $21.6M | 26 of 28 | 65.5 | 51-64 | No | ||
| 1993 | 1 | $19.3M | 25 of 28 | 57.1 | 64-98 | No |
Owner numbers match the ownership list. Payroll is nominal dollars. * 2020 was a 60-game season. Payroll share of revenue exists for 2021, 2022, 2024 and 2025 only. The tax-line column stops at 2025 because 2026 tax bills are not known until December. How the index is built.
No owner stories are published for this club yet.
More on this club: Miami Marlins team page and payroll history.