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.

Mitch Moreland signs one-year, $3 million deal with Red Sox

Mitch Moreland
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First baseman Mitch Moreland is back with the Red Sox. The Athletic’s Ken Rosenthal reports that the veteran has inked a one-year, $3 million to remain in Boston. The contract calls for a $2.5 million salary for 2020 and includes a 2021 club option worth $3 million with a $500,000 buyout.

Moreland has spent the past three seasons with the Red Sox. Last year, he hit .252/.328/.507 with 19 home runs and 58 RBI over 335 plate appearances. He mostly faced right-handed pitching, platooning at first base with Michael Chavis, Sam Travis, and Steve Pearce.

Moreland will once again platoon at first base with Chavis. Chavis also played second and third base last year, so he could find time at those positions when Moreland is in the starting lineup.