The bidding for the Padres is nearing a resolution

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UPDATE: Rosenthal adds that Moores met today with Peter Seidler, the nephew of former Dodgers owner Peter O’Malley. He met with Jabara earlier this week.

Both groups have submitted bids of $800 million, which includes $600 million for the team and $200 million as part of the team’s TV deal with FOX Sports San Diego.

10:51 PM: According to Ken Rosenthal of FOXSports.com, Padres owner John Moores is close to reaching an agreement to hand over majority control of the team.

Rosenthal hears that the club is seen as the O’Malley family’s “to lose” while a group led by Gary Jabara, the founder of a Newport Beach wireless communications company, remains in the mix with a competitive offer.

Scott Miller of CBSSports.com named the O’Malley family and Jabara as the finalists for the Padres earlier this evening. Moores’ asking price for majority control is now is in the range of $800 million and there’s optimism a deal will come together before the All-Star break. A formal transfer of ownership is unlikely to take place until the owners meetings in August.

Report: Bryan Shaw has two multiyear offers on the table

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Free agent reliever Bryan Shaw has received two multiyear offers, Paul Hoynes of the Cleveland Plain Dealer reports. The teams in question have not been revealed, but the demand for Shaw is expected to be high as he comes off of a career-best season.

The 30-year-old right-hander went 4-6 in 79 appearances for the Indians, drawing a 3.52 ERA, 2.6 BB/9 and 8.6 SO/9 in 76 2/3 innings. He ranked 12th among qualified relievers with 1.6 fWAR, his highest mark to date, and proved instrumental in helping the club reach their second consecutive division title in 2017.

The Mets are the last known team to show interest in Shaw, as the New York Post’s Mike Puma reported Wednesday. Nothing has been officially confirmed by the club yet, naturally, but they could still use a couple of arms to round out the bullpen behind Jerry Blevins, AJ Ramos and Jeurys Familia and it’s worth noting that the right-hander has already worked closely with Mets’ skipper and former Indians’ pitching coach Mickey Callaway. While Shaw’s proven consistency and durability should appeal to a wide variety of teams, he’s due for a big payday after making just $4.6 million in his last year with the Indians.