According to Barry M. Bloom of MLB.com, MLB owners have approved the sale of the Padres to an investment group headed by San Diego businessman Ron Fowler. The sale was put to a vote today at MLB’s quarterly ownership meetings.
The sale price of the club ended up being $800 million, which includes a stake in the club’s television deal with FOX Sports San Diego. The new ownership group also includes former Dodgers owner Peter O’Malley, his sons Brian and Kevin, nephews Peter Seidler and Tom Seidler, and pro golfer Phil Mickelson.
Outgoing owner John Moores originally purchased his majority stake in the Padres in December of 1994 for $94 million. Today’s transfer of ownership comes after Jeff Moorad’s attempt to purchase the team for around $500 million fell apart earlier this year.
A wise man once said that a wise mad said that you miss 100% of the shots you don’t take. The White Sox are not prepared to miss their shot: Mark Feinsand of MLB.com says they are “actively trying” to trade Avisail Garcia.
Which seems like a super difficult shot given that (a) Garcia had knee and hamstring injuries this past season; (b) hit just .236/.281/.438 when he did play; and (c) is arbitration eligible and stands to make more than the $6.7 million salary he made in 2018. You put those things together and you have a guy that the Sox are almost 100% going to non-tender rather than take to arbitration, thereby making him freely and cheaply available to anyone who wants him as long as they can wait until November 30, which is the tender/non-tender deadline.
Garcia, who somehow is still just 27 years-old, is one year removed from what many considered a breakout year, in which he hit .330/.380/.506 in 136 games, but I don’t think anyone is going to bite at him in a trade. Assuming he’s in decent shape and recovered from injuries, however, he could be a useful player in 2019.