It was suspected that the O’Malley family — former Dodgers owners — were the front runners to buy the Padres. That suspicion has been confirmed, as Scott Miller reports that the O’Malley group — which is actually fronted by San Diego businessman Ron Fowler — has entered into an exclusive negotiation period with current owner John Moores.
Miller further reports that Fowler — who was to be a minority owner under the doomed Jeff Moorad bid — will play a much larger role in the new ownership group than previously believed. Indeed, he will be “the point man.” Also in the group: golfer Phil Mickelson.
The sale price is expected to be in the neighborhood of $800 million. Since both Fowler and O’Malley are both past owners or quasi-owners, their approval, assuming a deal is reached, should go off without a hitch.
Jon Heyman has been hot on the free agent trail today, reporting that the Padres have made offers both Manny Machado and Bryce Harper. The offer to Machado is believed to be for eight years and about $250 million, while the offer to Harper is believed to be for more than that.
Heyman was reporting on Harper earlier, tweeting that the Phillies are the favorite to sign him. He added this evening that Harper has multiple long-term offers at more than $30 million annually. Regarding Machado, Heyman noted that while Machado was believed to have had a preference for the East coast, he will go for the best deal now, which puts the Padres firmly in the picture.
The Padres reportedly met with Machado last week. A late entrant into the sweepstakes, the club has shown the willingness to spend, signing Eric Hosmer to an eight-year, $144 million contract last year. If he goes to San Diego, Machado would be the full-time third baseman with Luis Urias handling shortstop.
Nothing appears close, but we’ll take anything resembling a spark to light the hot stove.