MLB owners approve sale of Padres

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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.

Yankees activate Gary Sanchez

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The Yankees have activated catcher Gary Sanchez from the 10-day disabled list. To clear a roster spot for him, the Yankees optioned Kyle Higashioka to Triple-A Scranton/Wilkes-Barre.

Sanchez missed close to a month with a strained groin. His return is more than just a comeback from an injury, however. It’s a chance to start the season over in a sense, with the hopes of putting his dreadful first half behind him. The Yankees catcher hit a horrible .190/.291/.433 with 14 home runs, 41 RBI, and 36 runs scored in 265 plate appearances before going down. He’ll look to get back on track against the Mets tonight.