Padres Ownership Deal Imminent

June 25: The O'Malley family appears to be the sole group left in the bidding, writes Miller. San Diego businessman Ron Fowler will play a much larger role in the ownership group than previously reported, according to Miller's sources.

Fowler would be the point man for the ownership group, which includes Brian and Kevin O'Malley, Peter and Tom Seidler (sons of O'Malley's sister), and PGA superstar Phil Mickelson.

June 22: An agreement for the sale of the Padres is imminent, reports Ken Rosenthal of FOX Sports. The club is believed to be the O'Malley family's to lose, though Gary Jabara remains in the mix.

Earlier tonight, Scott Miller of CBSSports.com reported that the bidding was down to those two principal groups. Although a deal could be reached soon, he says the earliest ownership would likely be transferred is during the owners' meetings in August. The sale price is expected to approach $800MM.

Steve Adams contributed to this post.


Full Story | 0 Comments | Categories: San Diego Padres
blog comments powered by Disqus