Scott Soshnick of Bloomberg reported the auction results. Per Barry Jackson of the Miami Herald, the Marlins "are moving forward with the Jeb Bush/Jeter group and are optimistic deal will be reached for sale."
Earlier on Wednesday, Mike Ozanian of Forbes reported the Jeter-Bush team was "running around looking to raise money" in an effort to purchase the Marlins.
Soshnick reported April 19 that bids for the Marlins were due the previous week and ranged from "between $1.2 billion and $1.3 billion."
Jeffrey Loria, who has owned the Marlins since 2003, became more "receptive to the possibility of selling" the franchise last December, per Jackson.