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A deeper look at the holdup on approving Jeff Moorad as the Padres owner

Jan 13, 2012, 1:00 PM EDT

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Yesterday the assembled owners put the vote to approve Jeff Moorad as the Padres owner on hold.  Today Tim Sullivan of the San Diego Union-Tribune has more on that. Specifically, that there are concerns about team finances and debt limit considerations:

Selig declined to specify what questions Moorad’s group must resolve, but he said concerns were first voiced by Jonathan Mariner, MLB’s chief financial officer, on Friday … A baseball source indicated that some of the issues in need of addressing could relate to the commitment of Moorad’s partners and their willingness to fund future cash calls.

It’s kind of rich that after two years of McCourt/Wilpon craziness baseball is now going to hold the line on debt and finances for a guy who saved the bacon of the team’s outgoing owner, John Moores.  And it totally irked Moores, who was the only one who voted against Selig’s two-year contract extension yesterday.

That said, if making Moorad wait a bit means that MLB is now going to look closely at all incoming owners’ finances and make sure that no more hucksters get into the ownership ranks, well, all the better.

  1. singingfriar - Jan 13, 2012 at 1:16 PM

    Craig, how did Moorad save Moores’ bacon? This was a sweetheart deal for Moorad if there ever was one.

  2. xpensivewinos - Jan 13, 2012 at 1:28 PM

    Concur with singingfriar.

    Moorad was able to purchase a major league baseball team on layaway. It’s completely ludicrous.

    There must be something more here than meets the eye, because if memory serves, Moores and Selig were tight and Selig was very supportive of Moorad and his group at the outset of this deal.

  3. WhenMattStairsIsKing - Jan 13, 2012 at 1:32 PM

    Better late than never, I suppose.

    Allan, if you’re going to be Commish for a few more years, I hope you work on your consistency and quickness for resolution.

  4. natstowngreg - Jan 13, 2012 at 3:54 PM

    Wish I could believe this, and the extra time taken on the Astros’ sale, signals a newfound due diligence by MLB.

    I remain skeptical.

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