Padres sale done pending league approval

8 Comments

Sure, it’s only 40 percent of what the Dodgers sold for, but $800 million isn’t bad.

The Padres sale to Peter O’Malley’s group was completed Monday, pending league approval that could come during the Aug. 16 owners meetings.

O’Malley is settling for the Padres after coming up short in his attempt to re-buy the Dodgers earlier this year. Among his investors is golfer Phil Mickelson, but it’s expected to be primarily a family-run team by Peter, his sons Kevin and Brian O’Malley and his nephews Peter and Tom Seidley.

Approval of the sale figures to go down without a hitch, as commissioner Bud Selig publicly endorsed the bid last month. Of course, the Padres’ first sale to agent Jeff Moorad didn’t go so smoothly. It proved to be a boon for current owner John Moores, though, as the new sale price is much higher than the previous $500 million figure.

Chad Kuhl underwent elbow surgery

Jim McIsaac/Getty Images
Leave a comment

Per Todd Tomczyk, the Pirates’ director of sports medicine, starter Chad Kuhl underwent right elbow surgery on Wednesday, MLB.com’s Adam Berry reports. The Pirates should provide more details about the nature of the surgery and Kuhl’s timetable soon.

Kuhl, 26, has been out of action since late June with a strained right forearm. He had been on a throwing program but experienced a setback earlier this month.

This season, Kuhl made 16 starts, putting up a 4.55 ERA with 81 strikeouts and 33 walks across 85 innings.