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Loria went on a spending spree last offseason, also signing free-agent closer Heath Bell. The Marlins thought they would contend for the NL East title and draw 3 million fans in the first year of their ballpark.
But they flopped, finishing last in the division. Bell was traded to Arizona in October, with the Marlins agreeing to pay $8 million of the remaining $21 million owed to the reliever.
Asked Thursday if it's in the best interests of baseball for Loria to continue to own a franchise, Selig said he wasn't going to comment any further other than saying the trade is under review.
"I know what the commissioner can do, can't do, what his legal responsibilities are," he said. "I understand the feeling and in the end I'll do what I've done in the other past situations. People always ask me, 'Boy, don't you wish it didn't happen?' Well, there are a lot of situations I wish hadn't happened, but they have, and then I have to try to do what I have to do."
Also Thursday:
Owners approved new television deals with ESPN, Turner Sports and Fox worth about $12.4 billion from 2014-21, according to Selig.
Joe Torre, MLB's executive vice president for baseball operations, said the league still is looking into expanded use of instant replay.
"Whether we do something for next season or not, I think by the time we start next season I'm confident we'll have a plan," he said.
There was no update on the situation in Northern California, where Oakland wants to build a ballpark in San Jose -- an area that is part of the San Francisco Giants' territory.
"I know people say 'Gee, it should be easy to do,'" Selig said. "Well, the more they've gotten into it, the more complicated it's gotten. But we're headed for resolution."
Selig is planning to travel to next month's winter meetings to speak to team doctors and trainers about drug testing, and he reiterated his support for baseball's drug program and its penalties.
[Associated
Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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