Jan 16, 2012, 10:30 AM EDT
We saw last week that the final approval of the transfer of the San Diego Padres to Jeff Moorad had hit a snag based on some financial consideration or other. At Forbes today, Mike Ozanian gets a little closer to the problem:
The sale of controlling interest of the San Diego Padres to Jeff Moorad by John Moores has been delayed by Major League Baseball because the league is not convinced of the net worth of Moorad’s limited partners.
Ozanian says that the limited partners are being “put under the microscope.”
Like I said the other day, I suppose this is a good thing if it means that MLB is now taking the financial stability of its owners seriously in light of the Frank McCourt/Fred Wilpon debacles. Still, it’s not like Moorad is new to the scene here, having been slowly taking over the Padres for a couple of years now.
- Blue Jays fan throws beer at Nate McLouth (122)
- MLB is putting players in camouflage uniforms on Memorial Day. Which is kinda weird. (118)
- Barry Bonds: Miguel Cabrera is the best … but not as good as me (116)
- And That Happened: Wednesday’s scores and highlights (112)
- Las Vegas police investigating Jose Canseco as a suspect in sexual assault case (81)
- Pacers even series with Heat
- Penguins bounce Senators | Highlights
- MST: Rosberg wins pole in Monaco | Highlights
- Tennis.com: Can anyone stop Serena at French?
- Tennis.com: Is French still Nadal's to lose?
- Tigers' Sanchez loses no-hitter in 9th vs. Twins
- PST: Report: Openly gay Rogers to play for Galaxy