Major League Baseball owners approve the sales of the Florida Marlins and Montreal Expos
2002 – Major League Baseball owners approve the sales of the Florida Marlins and Montreal Expos. Florida owner John Henry is selling the Marlins to Jeffrey Loria for $158.5 million, while Loria is selling the Expos to Baseball Expos LP, a limited partnership owned by the other 29 teams, for $120 million. The sales won’t officially close until later this week.