Sep 23, 2014 7:42 PM

Selig hopes Jeter will wind up owning team

The Associated Press

NEW YORK (AP) Commissioner Bud Selig hopes Derek Jeter will join baseball's ownership ranks after retiring as a player.

The New York Yankees captain says owning a team is the only job in the sport that interests him.

Selig said at Yankee Stadium on Tuesday after presenting Jeter with the Commissioner's Historic Achievement Award that "he'd be fabulous."

Jeter has said managing, coaching and broadcasting don't interest him. He will spend time working on his Turn 2 Foundation and business ventures such as Jeter Publishing, a partnership with Simon & Schuster, and Luvo, a food company encouraging healthy nutrition that also struck an agreement with the Yankees.

Jeter has said there is no way to anticipate when a baseball ownership opportunity will arise.


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