MLB trade rumors: Marlins CEO Derek Jeter says all Giancarlo Stanton talk 'speculation'

Marlins CEO Derek Jeter is adamant nothing is done on the Giancarlo Stanton trade front.

“Anything up to this point has been speculation,” Jeter said Tuesday on WINZ-AM in Florida  (via ESPN) .

Miami has reportedly been trying to trade the 2017 National League MVP in an effort to cut payroll. Jeter and his ownership group bought the Marlins this year, but because they do not have an abundance of funds, they reportedly are trying to get the team’s payroll down to around the $90 million range. 

Stanton is set to make $25 million in 2018 and has 10 years and $295 million left on the life of his 13-year deal he signed in 2015.

The Marlins are rumored to want significant prospects in a deal for Stanton, in addition to a team willing to take on the majority of his contract. The Giants were rumored to have offered four players including their top three prospects for the slugger this week.

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