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.


19 Responses to Padres Ownership Deal Imminent Leave a Reply

  1. “Show me the money”.

  2. johnsilver 3 years ago

    Nice to see the O’Malley name back in the game once again. Hope they can do something with that franchise though in San Diego fan wise, or get league support to move it somewhere it will be supported.

    I still think Mexico City would be a great opportunity for the league.

    • NickinIthaca 3 years ago

      The beheadings down that way will probably keep the fans and players at bay…

    • Sd_brain 3 years ago

       they’re not going to be able to move for a long time due to their contract with san diego for petco or something like that.

    • mrpadre19 3 years ago

      What about the EIGHT teams with even less support than the Padres……..should they move as well?

    • Slopeboy 3 years ago

      O’Malley, to continue the family legacy, can re-name them the Los Angeles Padres of San Diego.

      • johnsilver 3 years ago

         Hey.. Careful there.. SDP could always become the Brooklyn Padres you know. The ultimate irony of them all.

    • Star_hanger 3 years ago

      The Padres’ agreement with the city of San Diego prevents them from moving until 2032.

    • sdhitman19 3 years ago

      Yeah a great opportunity for all the cartels to kidnap star players. Well maybe you are right seeing as the Padres and star players don’t seem to go together these days. But seriously Mexico City is a long way off from being a MLB consideration IMHO.

    • Ohhhplease 3 years ago

      The travel alone would preclude MLB from moving to Mexico City.  Nothing like a three game set for Toronto down there….then flying to Seattle for the next series.  Not even taking into account the crime or air pollution etc.  Stick to raiding wayward French merchant vessels john….. 

      • johnsilver 3 years ago

         “Not even taking into account the crime or air pollution etc.”

        It’s just ok for dolts like Moore to fly from CA to Cuba huh?

        • Ohhhplease 3 years ago

          What the heck does that mean, or have anything to do with MLB in Mexico City??

  3. RATTY1 3 years ago

    Put your money where your mouth is if you want the Fans back in the seats.

  4. I just hope for the fans’ sake that this is resolved soon; the flux of the ownership situation has taken a major toll on the on-field product.

    @Salvy4791:disqus – the Padres have a minority ownership stake in Petco Park.

  5. Larry Bird will buy the Padres

    NEW RIVALRY

  6. Someone doesn’t understand the meaning of the word “imminent” as this sale has been “imminent” for several weeks now.

  7. Its amazing that the incredible geniuses at the LA Times said that the sale WAS NOT going to happen anytime soon just a week ago.

  8. BitLocker 3 years ago

     Meh, LA fans are pretty much bandwagoners. The only thing that the Padre owners need to do is compete and have success. Once they do that the LA fans will flock to San Diego.

  9. Padres4lif3 3 years ago

    Obviously Mark Hamburger.

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