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Team Sale
#21 · January 9, 2026, 8:03 am
Not hearing anything on were the sale of the team stands ... either timing or buyer. However, seems like a high confidence that a deal will be done by the 2027 season.
Understand that keeping these negotiations "private" is just good business policy but usually there are some leaks.
One factor that could impact the 2026 Padres is influence the potential buyer has on the current spending / strategy. The current owners don't want to hurt the deal (and price) by totally going off script from any expected plan / spending. Now that does not mean spend less or more ... just what the plan as understood by all the parties.
#22 · January 9, 2026, 8:41 am
I guess my train of thought is that if I was buying a MLB team that I would want the sale completed prior to the end of the season. That way I would be able to have input into the CBA negotiations instead of taking over after the situation has been determined.
Lets say that deal has been negotiated and agreed upon but not legally completed. We are 2 weeks from the trade deadline, can the new owner say go ahead and pump an extra $20M into the payroll and Im good with that?
Not sure how that works?
#23 · January 9, 2026, 12:18 pm
Billion$+ transactions are difficult to construct and normally have to go through various financial hurdles where the buyer needs to align what they have to do to deliver the equity (sell some other assets) and arrange the debt structure ... then the league (other owners) needs to weigh in ... so no slam dunk. If there is any doubt ... the seller is not going to deviate from their plan.
I guess if the sale is agreed to by all the parties but the legal details just need to be finalized ... and if there is no adverse impact on the payout to the seller ... sure could give the OK to spend more while adjusting the selling price ... or ask the team to spend less or not commit to long term deals. Always tricky to insert the buyer into operations prior to the deal finalized.
Would make sense to close so the new owners have some impact on the new CBA but realistically the hard negotiation does not happen until January, 2027 ... before that just positioning. Plus will the established owners really care much about the new owners' opinion?
Given the quite period on news ... my though of the deal closing by opening day seems unlikely ... so maybe agreement in 2026 with a close targeted for November?
Business is business ... so closes when it can ... but have 2026 as a farewell to Peter Siedler' ownership might somehow impact the timing to season end.