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Jeff Moorad may not be approved as the Padres owner

Jan 12, 2012, 12:03 PM EDT

padres logo friar

This is unexpected. Jeffrey Moorad is the Chief Executive of the San Diego Padres.  Over the past couple of years he has been slowly buying a stake in the team from John Moores, the longtime owner.  This was all negotiated as part of the sale of the team to Moorad nearly three years ago.

Though he has run the team as defacto owner for some time now, Moorad was supposed to be formally approved as the team’s “control person” this week at the owners meetings, which would make him the official representative of the team in the eyes of the league.

Bob Nightengale of USA Today reported today, however, that Moorad’s approval was tabled and no vote will be held. No reason was given.  A few minutes ago Jon Heyman tweeted that he’s hearing that Moorad “wants out.” 

UPDATE: I screwed that up. Heyman’s tweet said Moores wants out, not Moorad. So that’s all consistent. It stands that, at the moment anyway, there’s some holdup on Moorad’s approval.  We’ll see what happens.

 

  1. APBA Guy - Jan 12, 2012 at 12:09 PM

    Hot Stove says that Moorad will be approved, but that Moores wants back into a professional sports franchise. Maybe he wants the Padres back?

  2. WhenMattStairsIsKing - Jan 12, 2012 at 12:14 PM

    Even as a non-Padres fan, this is disappointing. I hope that if Moorad does want out, someone equally responsible will buy/run the team. Looking forward to more details.

    • WhenMattStairsIsKing - Jan 12, 2012 at 1:02 PM

      Disregard previous statement, in lieu of correction. So long, Moores!

  3. vocalminoritysd - Jan 12, 2012 at 12:18 PM

    Are you sure you’re not mis-reading Heyman’s tweet? It comes across like Moores wants out of the Padres, which (as far as anyone around here knows) seems to be the case.

    Not that it wouldn’t be great to see Moorad and Garfinkel go…

    • scottp9 - Jan 12, 2012 at 12:40 PM

      Agreed, it says that Moores wants out, not Moorad.

  4. singingfriar - Jan 12, 2012 at 12:21 PM

    Let’s not pretend like that Moorad came to the rescue here. He “bought” the team on a layaway plan with no interest in a backdoor sale. During that time, payroll has been slashed almost in half, and there have been questions about whether revenue sharing money has been used to pay for the sale. I don’t blame the other owners for being weary of Jeff Moorad.

    • paperlions - Jan 12, 2012 at 12:52 PM

      Yep, the Padres led all MLB franchises last year in profits….who says you have to spend money to make money?

  5. Old Gator - Jan 12, 2012 at 12:33 PM

    I wonder if maybe he’s related to Adam Moorad from Jack Kerouac’s The Subterraneans? If so, maybe he could force the league’s hand by threatening to move the franchise to North Beach.

    Yankeesgameday, there’s your arcane reference for January 12, 2012. I made it easier for you this time. :)

  6. rambodiaz - Jan 12, 2012 at 12:51 PM

    I wonder if Nuttings would sell the Pirates to Moorad or Moores.

    Sorry, that has nothing to do with this thread. I spend most of the offseason wishing that the Nuttings would sell.

  7. PanchoHerreraFanClub - Jan 12, 2012 at 1:01 PM

    Just guessing but looks to me like Moores wants more payments on the layaway plan before he gives Moorad complete control. Moorad has the keys to the car, but needs to pay a little more off the balance to get the title.

  8. Kyle - Jan 12, 2012 at 1:59 PM

    That logo rules. Carry on.

    • singingfriar - Jan 12, 2012 at 2:23 PM

      Actually, this one does. http://www.gamewornuniforms.com/catalog/images/old_padres_logo.jpg

      • Kyle - Jan 12, 2012 at 3:58 PM

        Touche.

  9. micker716 - Jan 12, 2012 at 10:36 PM

    MLB has finally decided to actually examine the finances of some of their potential ownership groups instead of just rubber-stamping approvals based on Selig’s arbitrary thumbs-up or down. Thank you Frank and Fred. San Diego deserves better than this loser.

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