The co-owner of a baseball club and a conservative donor Todd Ricketts has been named as a likely candidate for the role of deputy commerce secretary.

As reported by Bloomberg, Mr Ricketts, the 47-year-old who supported two pro-Trump super pacs during the campaign trail, met with the president-elect in Bedminster, New Jersey, over the weekend for about an hour.

When reporters asked Mr Trump if Mr Ricketts would be in his cabinet, Trump answered: “We’re going to see, we’re going to have a lot of great talent.”

He is rumoured to join financier Wilbur Ross, the "king of bankruptcy" and a likely candidate for the position of commerce secretary.

Mr Ricketts’ spokesman declined to comment to Bloomberg.

Mr Trump received $1 million from Joe Ricketts, the head of the family who founded TD Ameritrade.

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The family's backing of Mr Trump for president was a sharp reversal from earlier in the year when they heavily invested in Wisconsin governor Scott Walker.

They funded the anti-Trump Our Principles PAC, prompting the then-candidate to tweet: “They better be careful, they have a lot to hide.”

Mr Trump, when asked by reporters what he meant, replied that the family was doing a “rotten job” of running the Cubs.

The team went on to win the World Series.