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
TedBerg
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogPrimer Dugout (and link of the day) 10-31-2014
(24 - 12:46am, Nov 01)
Last: esseff

NewsblogOT: Monthly NBA Thread - October 2014
(705 - 12:43am, Nov 01)
Last: Los Angeles El Hombre of Anaheim

NewsblogJoe Maddon is to become Cubs manager, sources say
(142 - 12:42am, Nov 01)
Last: Andere Richtingen

NewsblogBlue Jays to play Reds in Olympic Stadium on April 3 and 4
(1 - 12:36am, Nov 01)
Last: boteman

NewsblogStatcast: Gordon stops 90 feet from tying Game 7
(27 - 12:33am, Nov 01)
Last: SoSHially Unacceptable

NewsblogAngell: The Best
(29 - 12:29am, Nov 01)
Last: Morty Causa

NewsblogSan Francisco Giants at Kansas City Royals - October 29, 2014 | MLB.com Box
(92 - 12:18am, Nov 01)
Last: S.F. Giangst

Newsblog2014-2015 MLB free agent power ranking
(22 - 11:34pm, Oct 31)
Last: bookbook

NewsblogMLB.com - In pursuit of Maddon, Cubs dismiss Renteria
(19 - 11:22pm, Oct 31)
Last: HMS Moses Taylor

NewsblogFull Count » Red Sox sign Koji Uehara to 2-year contract
(38 - 11:19pm, Oct 31)
Last: Merton Muffley

NewsblogDeadline: World Series Ratings: Game 7 Scores Home Run For Fox
(39 - 10:59pm, Oct 31)
Last: Walt Davis

NewsblogOT: Politics, October 2014: Sunshine, Baseball, and Etch A Sketch: How Politicians Use Analogies
(4908 - 10:23pm, Oct 31)
Last: Mefisto

NewsblogRelix: Watch the Exact Moment the Phish Crowd Found Out the Giants Won the World Series
(7 - 10:19pm, Oct 31)
Last: Poster Nutbag

NewsblogSending Gordon | Joe Blogs
(45 - 10:14pm, Oct 31)
Last: Ray (RDP)

Hall of MeritMost Meritorious Player: 2014 Discussion
(25 - 9:58pm, Oct 31)
Last: DL from MN

Page rendered in 0.0929 seconds
53 querie(s) executed