The Padres... Are For Sale

by Al Yellon on Dec 15, 2008 5:31 PM CST

Yes, you read that right. John Moores has enlisted Goldman Sachs to find a buyer for the team, in the wake of his pending divorce:

The Mooreses reportedly own 90 percent of the team. Because of community property laws in California, Becky Moores shares 50 percent of that asset and must agree to any sale. Their daughter, Jennifer, owns five percent and the other five percent is owned by Glenn Doshay, a San Diego businessman, mlb.com reported.

Now, if the Padres are sold, I'm guessing they wouldn't have to cut payroll quite so much, because any new owner (presumably) wouldn't have a divorce hanging over his head. In any case, I predict this sale will be done before the Cubs' is.

This is a FanPost and does not necessarily reflect the views of SB Nation or Al Yellon, managing editor (unless it's a FanPost posted by Al). FanPost opinions are valued expressions of opinion by passionate and knowledgeable baseball fans.

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Comments

I say we bid 50 Million

And have the new GM Al Yellon have him trade Peavy, Chris Young , Adrian Gonzalez and two players to be named later for Rich Hill and Chad & Jake Fox.

"I am not ashamed to say I love Greg Maddux" - Jim Hendry

by Doggie Stalker on Dec 15, 2008 5:41 PM CST reply actions 1 recs

Isn't that a bad deal....

…for us?

You’re a sick human being.

by EJThunder on Dec 15, 2008 10:48 PM CST up reply actions

Perhaps Jake Peavy can buy the Dads?

Then he can control to where he is traded and for whom.

"I've never complained about it. I'm thankful to have a jersey." Mark DeRosa, 22 Aug 2007

by DeRoMyHero on Dec 15, 2008 9:33 PM CST reply actions

Can he backload the purchase?

(And what does Axelrod think?)

"Well, we're out of cake! We only had three bits and we didn't expect such a rush! So what do you want?"
"What, so my choice is 'or death?' Well, then I'll have the chicken, please."
--Eddie Izzard

by znohitter on Dec 15, 2008 10:08 PM CST up reply actions

And why do we assume the sale

is gonna be completed quickly? This the implication I take away from this posting. A certain Chicago team’s sale has been on for a year.

This is why payroll WILL be cut and MORE players will depart.

This sale info was reported two months ago by San Diego’s NBC 7/39 sports department, crediting the info to ’unnamed sources." This just confirms the story. This is one (of the many) reasons my contentions for the Peavy trade remain viable.

by San Diego Smooth Jazz Man on Dec 16, 2008 11:57 AM CST reply actions

I'm not assuming a fast sale.

Just figuring that it might take less time than the Cubs sale. Oh, and incidentally, one article I read said the Padres are ’no longer" actively shopping Peavy. (Though they will listen to offers if they get any.)

"That's my opinion and if you don't like it, well, I have others." ~ Groucho Marx

by Al Yellon on Dec 16, 2008 1:11 PM CST up reply actions

I guess it's just a different perception

when you are not in the market. All the people close to the baseball scene I talk with say nothing that’s said by anybody in the Padres organization can be taken at face value. ( “Peavy will be our Opening Day Pitcher.”) They are absolutly not to be trusted at all.
It’s just a headline on the national scene, but those who are here and see the organization at work know differently. I’m going to go with the insiders.

You know the Pads are lying…(wait for it)…when their lips move.

It’s an old line, but it fits this franchise right now. I guess we’ll just let things take their natural course.

by San Diego Smooth Jazz Man on Dec 17, 2008 12:00 AM CST reply actions