Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo
You are here > Home > Baseball Newsstand > Baseball Primer Newsblog > Discussion
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand

Tuesday, August 07, 2012

Padres sold to group headed by O’Malley heirs, Fowler, Mickelson

What a Kroc!

It took longer than expected, but the sale of the Padres to a group headed by heirs of the former owners of the Los Angeles Dodgers, San Diego business and civic leader Ron Fowler and professional golfer Phil Mickelson was completed Monday night.

The O’Malley Group purchased the Padres from majority owner John Moores and a group of minority owners formed by Jeff Moorad in 2009 to buy the Padres. The sale price of approximately $800 million includes $200 million in upfront money the Padres received as an advance payment from Fox Sports San Diego as part of a new 20-year television agreement.

The transaction was finalized Monday night pending approval by other Major League Baseball owners. That approval could come as soon as Aug. 16 when the owners meet in Denver.

RoyalsRetro (AG#1F) Posted: August 07, 2012 at 01:32 PM | 8 comment(s) Login to Bookmark
  Tags: franchise sale, padres

Reader Comments and Retorts

Go to end of page

Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.

   1. Moeball Posted: August 07, 2012 at 05:13 PM (#4202661)
We will field exciting and winning teams.


Currently they have neither (sigh).
   2. Joe Kehoskie Posted: August 07, 2012 at 05:20 PM (#4202672)
O'Malley struggled to run the big-market Dodgers (and ultimately sold the team) in the '90s when the Dodgers had $0 debt. It's going to be interesting to see how he does with the low-revenue Padres while likely carrying substantial debt.
   3. McCoy Posted: August 07, 2012 at 06:15 PM (#4202711)
When was the last time a team was exciting and a losing team?
   4. Crispix reaches boiling point with lackluster play Posted: August 07, 2012 at 06:23 PM (#4202715)
The 2007 Giants?
   5. valuearbitrageur Posted: August 07, 2012 at 07:43 PM (#4202749)
So does Moorad get some of the sale price?
   6. charityslave is thinking about baseball Posted: August 07, 2012 at 08:30 PM (#4202782)
Damn, I wish I'd gone ahead and bought the Astros for the $680 million. That was a bargain.
   7. asinwreck Posted: August 07, 2012 at 08:37 PM (#4202785)
When was the last time a team was exciting and a losing team?


Last night, if exciting = hilarious.
   8. Moeball Posted: August 08, 2012 at 08:17 PM (#4203846)
Last night, if exciting = hilarious.


Wow - I saw the replay and I could have sworn this was archival footage of the '62 Mets!

You must be Registered and Logged In to post comments.

 

 

<< Back to main

BBTF Partner

Support BBTF

donate

Thanks to
Sebastian
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOTP 2016 July 25: Card Shark - Bikini trading-card king Brian Wallos expands his empire to politics
(1023 - 7:03pm, Jul 27)
Last: zonk

NewsblogPrimer Dugout (and link of the day) 7-26-2016
(21 - 7:00pm, Jul 27)
Last: Fadeaway: The Baseball History Podcast

NewsblogStatcast: Bradley Jr. hits 101 | MLB.com
(19 - 6:53pm, Jul 27)
Last: Bug Selig

NewsblogOMNICHATTER 7-27-16
(62 - 6:52pm, Jul 27)
Last: Davo's Favorite Tacos Are Moose Tacos

NewsblogMinor league teams & managers brawl in front of hundreds of kids
(10 - 6:37pm, Jul 27)
Last: michaelplank has knowledgeable eyes

Newsblog2016 New York City Softball Game
(242 - 6:27pm, Jul 27)
Last: Howie Menckel

NewsblogAngels slugger Albert Pujols racks up RBIs | angels.com
(19 - 6:20pm, Jul 27)
Last: Howie Menckel

NewsblogWhy Yankees believe in Adam Warren as bullpen cure | New York Post
(18 - 6:17pm, Jul 27)
Last: Captain Supporter

Hall of MeritMost Meritorious Player: 1995 Ballot
(3 - 6:12pm, Jul 27)
Last: John (You Can Call Me Grandma) Murphy

NewsblogOutfielder Michael Brantley confident he can still help Cleveland Indians this season | cleveland.com
(1 - 6:02pm, Jul 27)
Last: Bug Selig

NewsblogOT: Wrestling Thread November 2014
(1648 - 6:01pm, Jul 27)
Last: aberg

NewsblogPrimer Dugout (and link of the day) 7-27-2016
(22 - 5:53pm, Jul 27)
Last: Batman

Hall of MeritMost Meritorious Player: 1995 Discussion
(24 - 5:10pm, Jul 27)
Last: MrC.

NewsblogSABR 46 Convention in Miami
(46 - 5:02pm, Jul 27)
Last: Bote Man makes baseball fun again

NewsblogOT: NBA Offseason Thread, July 2016
(856 - 5:01pm, Jul 27)
Last: aberg

Page rendered in 0.1522 seconds
47 querie(s) executed