Padres sale done pending league approval

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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.

Report: Dodgers to sign Joe Kelly to three-year deal

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Ken Rosenthal of The Athletic reports that the Dodgers are close to signing reliever Joe Kelly. Jeff Passan of Yahoo Sports reports that the deal is for three years and around $25 million.

Kelly, 30, posted a 4.39 ERA with a 68/32 K/BB ratio in 65 2/3 innings out of the Red Sox bullpen during the regular season in 2018. He turned it up a notch in the postseason, limiting the opposition to two runs (one earned) in 11 1/3 innings with a 13/0 K/BB ratio.

With the Red Sox, Kelly mostly pitched seventh and eighth innings ahead of closer Craig Kimbrel. He will likely do the same ahead of closer Kenley Jansen, sharing the workload with Pedro Báez.