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Jeffrey Loria

A New York art dealer specializing in 20th century modern masters, Jeffrey H. Loria is also owner of the Florida Marlins. Born Nov. 20, 1940 and raised in Manhattan, Loria took an early interest in baseball, attending his first New York Yankees game in the late 1940s. Loria attended Stuyvesant High School and Yale University, where he initially took pre-med courses. With a requirement to take a history class, Loria choose art history. After college he worked in a newly-established art-buying program for Sears, Roebuck & Co., launched with the help of actor Vincent Price. In 1965, at age 24, he had opened his private art dealing business Jeffrey...  Show more »
A New York art dealer specializing in 20th century modern masters, Jeffrey H. Loria is also owner of the Florida Marlins. Born Nov. 20, 1940 and raised in Manhattan, Loria took an early interest in baseball, attending his first New York Yankees game in the late 1940s. Loria attended Stuyvesant High School and Yale University, where he initially took pre-med courses. With a requirement to take a history class, Loria choose art history. After college he worked in a newly-established art-buying program for Sears, Roebuck & Co., launched with the help of actor Vincent Price. In 1965, at age 24, he had opened his private art dealing business Jeffrey H. Loria & Co., on Manhattan's Upper East Side and wrote a book, Collecting Original Art. His collection includes works by Pablo Picasso and Henry Moore. Loria graduated from Columbia Business School in 1968 and published his second book, What's It All About Charlie Brown?, a look at life through the Peanuts comic strip. In 1989, Loria purchased the Oklahoma City 89ers, then a Triple-A affiliate of the Texas Rangers. The team won a championship in 1992. Loria sold the team in 1993 and began looking for a Major League Baseball team. Loria lost out to Peter Angelos in his bid to purchase the Baltimore Orioles in 1994. On December 9, 1999, he made a 24 percent investment in the Montreal Expos and became the managing general partner. When a series of cash calls went unanswered, Loria ended up with 92.5 percent of the team. In 2001, Major League Baseball owners voted to contract two franchises, the Expos and Minnesota Twins a move that never occurred. In 2002, MLB spent $120 million to buy the Expos from Loria, who then paid $158.5 million, with the help of a $38.5 million loan from MLB, to John Henry for the Marlins. Henry bought the Boston Red Sox. Loria became the third owner of the Marlins on Feb. 15, 2002. His 14 Canadian partners, who own about 6 percent of the team, filed a racketeering suit against him in Miami federal court in July 2002 accusing him and baseball executives of trying to move or disband the Expos. In November 2004, an arbitration panel ruled against the partners. The Expos moved to Washington, DC in 2005 and became the Washington Nationals. In 2003, the Marlins won their second World Series. Loria designed the 3 1/2 ounce championship rings that contain 228 white diamonds, 13 rubies and one teal diamond. The franchise, which pays rent at Dolphin Stadium, has been trying for years to finance a new retractable roof ballpark. Without a stadium deal in place, Loria shed star players to pare down payroll to among baseball's lowest in 2005, and was given permission to explore options for relocating. But the team has since vowed to find a ballpark solution in South Florida. In 2006, Loria clashed with rookie manager Joe Girardi, whom he fired after the season. Girardi won Manager of the Year honors that year for keeping the young Marlins team competitive. Loria, who still runs his art dealership, is a member of the board of directors of the Benjamin N. Cardozo School of Law of Yeshiva University in New York. He formerly served on the board of the Art Dealers Association of America. Loria, who splits time between homes in New York and South Florida, supports hospitals, educational institutions and museums around the world with charitable contributions.  « Show less

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    Sep 28, 2011 |Story| Baltimore Sun
  1. These contracts may be killers

    How much is one of the best players in baseball history worth? We may soon find out if Albert Pujols follows through on his threat to test the free-agent market this winter. The Cardinals slugger probably won't be the only big-name player available....

    Tags: New York Mets, Carl Crawford, Miami Marlins, Mark Teixeira, Boston Red Sox

  2. Oct 14, 2011 |Story| Baltimore Sun
  3. Orioles' search for top exec moves forward but could hit snags

    The Orioles' search for a new top executive is progressing, with the club receiving permission to interview Arizona Diamondbacks senior vice president Jerry Dipoto and Toronto Blue Jays assistant general manager Tony LaCava, who are both expected to be in Baltimore next week.
    The Orioles' search for a new top executive is progressing, with the club receiving permission to interview Arizona Diamondbacks senior vice president Jerry Dipoto and Toronto Blue Jays assistant general manager Tony LaCava, who are both expected to be in...

    Tags: Miami Marlins, Los Angeles Angels of Anaheim, Texas Rangers, American League, Toronto Blue Jays

  4. Jun 17, 2011 |Story| Baltimore Sun
  5. Which managers won't survive season?

    Rodriguez in bad spot Phil Rogers Chicago Tribune Down goes Bob Geren! Who will follow him out the door? It's possible that there will be no other midseason firings, as an overall period of stability should follow the rash of changes in 2010. But...

    Tags: Miami Marlins, National League, Bob Geren, Brad Mills, Pittsburgh Pirates

  6. Aug 1, 2004 |Story| Baltimore Sun
  7. Sold! Angelos scored with ’93 home run

    Sun Staff
    It was a time when Peter G. Angelos was known as the "king of asbestos." He was cast as a civic white knight, using the millions he had earned representing workers with asbestos-related illnesses to return the Baltimore Orioles to local ownership. On...

    Tags: Spring Training, Local Elections, Texas Rangers, Football, Bankruptcy

  8. Dec 22, 2004 |Story| Baltimore Sun
  9. The path to D.C.

    - Nov. 6, 2001: Baseball owners vote to shut down two major league franchises. The Montreal Expos are widely believed to be one of them. - Dec. 14, 2001: With contraction plans on hold because of legal challenges, Major League Baseball reportedly...

    Tags: Miami Marlins, Finance, Boston Red Sox, Martin O'Malley, Migration

  10. May 25, 2012 |Column| South Florida Sun-Sentinel
  11. After Stanton, the Marlins' home run power falls off

    — Earlier this week, Giancarlo Stanton temporarily disabled an auxiliary scoreboard and scattered revelers at the distant Budweiser Bar.
    — Earlier this week, Giancarlo Stanton temporarily disabled an auxiliary scoreboard and scattered revelers at the distant Budweiser Bar. Friday night, the Marlins' fast-blossoming cleanup man upped the ante, doinking the Home Run Sculpture at...

    Tags: Miami Marlins, John Buck, Marlins Park, Red Grooms, Carlos Lee

  12. May 1, 2012 |Column| Allentown Morning Call
  13. Ozzie's 'Castro controversy' boosts Showtime series

    While we're still waiting to hear which NFL team will be featured in HBO's newest edition of "Hard Knocks," its premium cable competitor Showtime has offered a sneak peek at its baseball version of "Hard Knocks" called "The Franchise."
    While we're still waiting to hear which NFL team will be featured in HBO's newest edition of "Hard Knocks," its premium cable competitor Showtime has offered a sneak peek at its baseball version of "Hard Knocks" called "The Franchise." Showtime was smart...

    Tags: Fidel Castro, Television Industry, Miami Marlins, San Francisco Giants, David Samson

  14. May 4, 2012 |Story| South Florida Sun-Sentinel
  15. Age of aquariums: Nat Geo reality show examines lifestyles of the fish and famous in South Florida

    The Miami Heat on another quest for a title? Yes, Heat star-turned-front office executive Alonzo Mourning is a little stressed.
    The Miami Heat on another quest for a title? Yes, Heat star-turned-front office executive Alonzo Mourning is a little stressed. Miami Marlins in last place? Team president David Samson could definitely use a massage. Indianapolis 500 just weeks away?...

    Tags: Miami Heat, David Samson, National Basketball Association, Marlins Park, Alonzo Mourning

  16. Mar 31, 2012 |Story| South Florida Sun-Sentinel
  17. Lauderdale company built new stadium's fish tanks

    MIAMI It was a scene unlike any ever seen in a major league stadium. Considering the participants, it was downright bizarre. Marlins owner Jeffrey Loria stood behind the backstop screen pointing a radar gun toward the field, while first baseman Gaby...

    Tags: Physiology, David Samson, Miami Beach, Palm Beach (Palm Beach, Florida), Donnie Murphy

  18. Mar 9, 2012 |Column| Chicago Tribune
  19. Tuck a coach worthy of the profession

    There are all sorts of difference-makers in baseball. Theo Epstein touched on them when he was announced as the Cubs' top man in October.
    There are all sorts of difference-makers in baseball. Theo Epstein touched on them when he was announced as the Cubs' top man in October. At his first news conference, Epstein said that if the Cubs turn a corner and become the team they hope to be, it...

    Tags: Jorge Posada, Spring Training, Brian Cashman, Texas Rangers, Jarrod Saltalamacchia

  20. Mar 16, 2012 |Story| South Florida Sun-Sentinel
  21. Marlins Park home-run sculpture is artist Red Grooms' whimsical celebration

    The soft-spoken gentleman with the Southern drawl stood at home plate in Marlins Park gazing toward center field with a look of wonder.
    The soft-spoken gentleman with the Southern drawl stood at home plate in Marlins Park gazing toward center field with a look of wonder. That is how pop artist Red Grooms hopes fans come to regard the giant animated sculpture he designed to celebrate...

    Tags: New York Mets, New York Yankees, Miami Marlins, Arts, Red Grooms

  22. Apr 3, 2012 |Column| Chicago Tribune
  23. For Guillen, opener will be extra special

    MIAMI — There's never going to be another night like Wednesday for Ozzie Guillen.
    MIAMI — There's never going to be another night like Wednesday for Ozzie Guillen. With the defending World Series champion in town, almost as an afterthought, Jeffrey Loria and Miami politicians formally will open the doors to Marlins Park, the...

    Tags: Carlos Zambrano, Spring Training, Miami Marlins, National League, Sundance Film Festival

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Jeffrey Loria Photos
Marlins opening day at Marlins Park.Team owner Jeffrey...
(April 4, 2012)
Opening day
Opening day? Seriously, honeymoon could be strained bef...
(April 4, 2012)
7. What's the over-under on first public feud between owner Jeffrey Loria and manager Ozzie Guillen?
Marlin's owner Jeffrey Loria points out a location in M...
(April 1, 2012)
Yankees at Marlins new ballpark