Jeff Moorad may not be approved as the Padres owner

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This is unexpected. Jeffrey Moorad is the Chief Executive of the San Diego Padres.  Over the past couple of years he has been slowly buying a stake in the team from John Moores, the longtime owner.  This was all negotiated as part of the sale of the team to Moorad nearly three years ago.

Though he has run the team as defacto owner for some time now, Moorad was supposed to be formally approved as the team’s “control person” this week at the owners meetings, which would make him the official representative of the team in the eyes of the league.

Bob Nightengale of USA Today reported today, however, that Moorad’s approval was tabled and no vote will be held. No reason was given.  A few minutes ago Jon Heyman tweeted that he’s hearing that Moorad “wants out.” 

UPDATE: I screwed that up. Heyman’s tweet said Moores wants out, not Moorad. So that’s all consistent. It stands that, at the moment anyway, there’s some holdup on Moorad’s approval.  We’ll see what happens.