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Peter Seidler

Juan Soto Discusses Failed Extension With Nationals, Trade To Padres

By Darragh McDonald | April 19, 2023 at 12:46pm CDT

The Padres have remade their reputation in recent years, changing from a small market team to one of the heavy hitters that is seemingly in on every notable free agent and trade candidate. That included nabbing Juan Soto last year, arguably the highest profile deadline deal in recent baseball history. Players with that much talent, youth and years of control don’t usually become available, which made it a headline-grabbing frenzy when it actually did happen.

Soto recently spoke with Stephanie Apstein of Sports Illustrated and was quite candid about how he actually didn’t enjoy the process as much as he expected. The firestorm kicked off when it was reported in mid-July that Soto had rejected a $440MM extension offer from the Nationals, which is what led to him being available in trades. It seems the outfielder wasn’t happy that those extension talks got leaked. “I wanted to do it with the Nationals, but they just made it public,” he says. “I didn’t like that at all. I hated it. I told them we weren’t speaking anymore, because they just threw everything out there.”

Although a trade seemed inevitable at that time and Soto prepared himself for it, he admitted that it hurt him more than he expected when it finally became real. Nelson Cruz, then his teammate in Washington and now again in San Diego, had to console a tearful Soto and remind him he was going to a better situation. He says that his anxiety finally abated when he returned to Washington and got a standing ovation in Nationals Park. “I really felt relieved,” he says. “I could leave that in the past and focus on Cali.” The Friars ultimately qualified for the postseason, their first playoff appearance in a full season since 2006. They knocked off the Mets and the Dodgers before falling to the Phillies in the NLCS.

Another part of the Padres’ aggressiveness has been extending their incumbent players, with Manny Machado, Yu Darvish, Fernando Tatis Jr., Jake Cronenworth and Joe Musgrove all getting notable deals recently. It’s fair to assume they’d like to do the same with Soto, though we might not hear much about it, given his preferences. “If [the Padres can keep negotiations private], I can do it any time. I have no problem with it,” he says.

The news of him leaving nearly half a billion dollars on the table also caused a lot of stress in his inner circle, with Soto saying it put “all the fans, all the Dominicans, even my family against me.” It seemingly crept into the locker room as well. “A lot of teammates were like, ‘We respect your thinking, but that’s a lot of money,’” he says. “I’m like, ‘Guys, I’m trying to do what’s best for me and what’s best for my family.’ And you gotta go out there and perform. And you try to perform for guys that doubt you. And that’s one of the things I hated.”

The concern from those family members and teammates is presumably that Soto is taking a risk by leaving that kind of money on the table. There’s always a risk in any athlete turning down significant money, as an unexpected injury could then diminish their earning power. But Soto still has plenty of things working in his favor to get a huge payday. Since he rocketed to the majors at such a young age, he’s still only 24, younger than many top prospects who have yet to even debut. He’s slated for free agency after 2024, when he will have just turned 26 years old. This past offseason saw superstar players like Aaron Judge and Trea Turner get to $300MM and beyond, even though they were going into their age-31 and age-30 seasons, respectively. Soto is already getting $23MM this year and will get another raise via arbitration for 2024 before hitting the open market at an exceptionally young age. It’s seems well within the realm of possibility that he ends up getting more than what he walked away from.

Some Padre fans have expressed concern that Soto isn’t living up to the hype so far, as his production was a bit diminished after the trade and he’s off to a slow start here in 2023. However, the underlying numbers suggest he’s due for some positive regression. He still walked more than he struck out after coming to San Diego and the same is true again here this year. His Statcast page is still bright red, meaning there’s no reason to suspect his .185 batting average on balls in play so far this year will stay more than 100 points below his career BABIP of .306. Even with that terrible luck so far, his .175/.366/.365 batting line amounts to an above-average 106 wRC+. Once the baseball gods start smiling on him again, he should move closer to his career batting line of .283/.422/.521 and 152 wRC+.

Despite all the attention and the doubters, Soto maintains he’s in a good place. “I feel great right now,” he tells Apstein. “Forget about all this stuff. Now I’m focused on the San Diego Padres.” The club is out to a slow start, currently at 8-11, but once Soto’s fortunes change for the better, that should apply to the club as well.

Turning to other parts of the roster, the club will also be getting a boost to its rotation soon as Joe Musgrove is set to make his season debut on Saturday, per Dennis Lin of The Athletic. The righty suffered a fractured toe in a freak weight room accident back in February and has been working his way back to health since. He’s coming off arguably his best season yet, as he posted a 2.93 ERA over 30 starts last year, as well as a 2.89 ERA in three postseason starts. The club has been employing a six-man rotation recently and will have to decide who gets bumped to make room for Musgrove. Yu Darvish and Blake Snell are locks to stick, with one of Michael Wacha, Ryan Weathers, Seth Lugo or Nick Martinez in line for a move to the bullpen or the farm. Weathers is the only one of that group that can be optioned to the minors, though he also has a 2.81 ERA in the early going while Martinez and Wacha are at 5.60 and 6.06, respectively.

The bullpen could also be in line for a reinforcement in the near future, as lefty Drew Pomeranz started a rehab assignment last night. He tossed one inning for the Single-A Lake Elsinore Storm, getting a flyout, a groundout and a strikeout. Signed to a four-year, $34MM deal going into 2020, he posted a 1.45 ERA in the first year of the deal and a 1.75 in the second, striking out more than a third of batters faced in that time. Unfortunately, he required flexor tendon surgery in August of 2021 and hasn’t been on a big league mound since. Starting a rehab assignment now doesn’t necessarily mean a return is imminent, as he started a similar rehab stint in August of last year but renewed soreness shut him down. A full offseason didn’t even get him to 100%, as he dealt with inflammation during Spring Training and is only now properly ramping up. It’s hard to know what to expect from him at this point, but getting anywhere close to his excellent results from a few years ago would be most welcome.

And turning quickly to ownership, the club’s recent change in organizational attitude coincided with Peter Seidler purchasing a majority stake in the club in late 2020. It seems he plans on sticking around for a long time while continuing to run out a competitive roster. “There will never be another fire sale in San Diego, and I expect my family to own the franchise for another 50, 75 years,” he said at an event yesterday, per Evan Drellich of The Athletic. “Hopefully go for more, I’ll talk from the grave.”

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San Diego Padres Drew Pomeranz Joe Musgrove Juan Soto Peter Seidler

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Padres’ Chairman: A.J. Preller’s Job Is Safe

By Keith Salkowski | October 7, 2021 at 6:56pm CDT

Padres president of baseball operations and GM A.J. Preller received a strong vote of confidence from ownership, reports Dennis Lin of The Athletic (subscription required).  San Diego Chairman Peter Seidler told Lin that Preller’s job is “as safe as a GM’s job can be.”  Seidler added: “I one-hundred percent believe in [Preller], one-hundred percent trust him.  And that’s not because I’m blindly loyal.”

That Preller is likely to continue leading the team for the long term hardly qualifies as a surprise.  It was just eight months ago that the club extended Preller’s contract through the 2026 season and added the PBO designation to his title.

The Padres, of course, are looking for a new manager after firing second-year helmer Jayce Tingler yesterday.  Last year, Tingler led San Diego to their first playoff appearance since 2006 and first postseason series win since 1998.  But the club’s second-half collapse in 2021, along with reports of tensions in the clubhouse, led to his dismissal.  Tingler was offered the opportunity to remain with the team in an as-yet-undetermined capacity, and Seidler said he hopes Tingler decides to stay. He added that the rest of the coaching staff has been given permission to look for opportunities elsewhere.

Seidler also told Lin that Preller alone will decide who the club’s next manager will be.  He said that while he and Preller recognize the value of major league managing experience, that won’t be a prerequisite for the new hire. “As we did when we hired Jayce, we put a premium on people with experience,” Seidler said. “But I would rather get the right 34-year-old than the wrong 64-year-old.”

Seidler’s comment regarding a new manager not needing prior big league managing experience is sure to raise eyebrows among at least some Padres fans.  Since being hired as GM in 2014, Preller has tabbed two permanent managers, Tingler and his predecessor Andy Green.  Neither had managed an MLB club prior to joining the Padres. There’s been plenty of speculation the Padres could zero in on a more veteran skipper this time around, but it doesn’t sound as if ownership or Preller consider that an absolute necessity.

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San Diego Padres A.J. Preller Jayce Tingler Peter Seidler

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Ron Fowler Steps Down As Padres’ Chairman; Peter Seidler Named Control Person

By Steve Adams | November 18, 2020 at 2:25pm CDT

2:25pm: Major League Baseball formally announced that Seidler has been approved as the new control person in San Diego.

2:00pm: Ron Fowler has stepped down as executive chairman of the Padres and sold a majority stake of the team to general partner Peter Seidler, Kevin Acee of the San Diego Union-Tribune reports. Seidler, who was already part of the organization’s ownership group, has already been approved by the other 29 owners as the Padres’ new control person, according to Acee.

The 77-year-old Fowler will remain involved with the Padres as a minority shareholder and as an advisor. More notably, he’ll still have a voice in next year’s collective bargaining talks, per the report. Fowler previously served as the chairman of MLB’s labor committee in the last wave of collective bargaining talks in 2015. He figures to again be an influential voice in a contentious set of negotiations after years of frustration from players, culminating in this spring’s three-month return-to-play staredown against ownership.

Fowler has been a relatively vocal owner in recent years, weighing in with thoughts on his club’s struggles on multiple occasions and also going into a perhaps unexpected level of detail on some free-agent pursuits — Eric Hosmer most notable among them. More recently, Fowler promised that “heads will roll, beginning with my own,” barring improvement from the club in the 2020 season.

The Padres, of course, did improve substantially in 2020 — not only posting a 37-23 record in this year’s truncated slate of games but riding a second-place finish to their first postseason berth since 2006. Fowler’s Padres toppled the Cardinals in the Wild Card round of this year’s expanded playoff format, but the absence of top starters Mike Clevinger and Dinelson Lamet loomed large as they fell to the eventual World Series Champion Dodgers in the National League Division Series.

Fowler perhaps foreshadowed some change earlier this summer when he spoke about financial uncertainties regarding the 2021 season due to the ongoing Covid-19 pandemic and questions about what level of attendance will be possible next year.

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