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MLB’s $700K helps fund Marlins’ trust for Jose Fernandez’s daughter, report says

The Marlins have allocated all of $700,000 MLB paidthe team as a result of Jose Fernandez’s death to a trust for the late Marlins pitcher’s 3-month old daughter and to his mother, The Miami Herald reported, citing unidentifiedindustry sources.MLB policy calls for $1 million to be paid out to a team when an active player dies, but Fernandez, who died Sept. 25 in a boating accident, Cody Bellinger Jersey was found to have traces of cocaine in his system and a blood-alcohol level twice the legal limit at the time of the wreck, so MLB’s insurance company balked at paying the full amount.The insurance company and MLB recently negotiated a $700,000 payout, according to The Herald, which was pa sed through the Marlins to a trust to pay forinfant Penelope Fernandez’s educationand to help take care of Maritza Fernandez, the pitcher’s mother.Marlins president David Samson wouldn’tcomment on the insurance settlement but confirmed that the Marlins and owner Jeffrey Loria made a significant Kenley Jansen Jersey contribution last weekend to Fernandez’s family.The focus for us and Jeffrey is making sure Maritza and Penelope were taken care of in the aftermath of such an unimaginable tragedy, Samson said.Although Fernandez, 24 at the time of his death,had $6.5 million in career earnings, his estate is facing negligence and wrongful-death lawsuits from relatives of the two pa sengers on Fernandez’s boat who also were https://www.dodgersedge.com/los-angeles-dodgers/justin-turner-jersey killed in the accident.It’s unclear whether the money earmarked by the Marlins for the trust would be protected from those lawsuits.Earlier this year, Jose Fernandez’s attorneytold The Herald thatthe pitcher’s estate « does not exceed $2 million.

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