Jun 14, 2012, 4:01 PM EST
Bill Shaikin of the Los Angeles Times reports that there are three parties left in the running to buy the Padres:
- Gary Jabara, the founder of a Newport Beach wireless communications company;
- Steve Kaplan, principal at Oaktree Capital in Los Angeles; and
- Peter O’Malley, former owner of the Dodgers.
More so than the owners’ identities, however, I am interested in the reported sales price: $800 million. Arte Moreno bought the Angels for $180 million ten years ago. The Cubs more recently sold for around $800 million. Now the Padres, a less-successful franchise with a smaller fan base in a smaller town than either of those two teams is about to be sold for that amount the Cubs went for.
The mind kind of reels, no?
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 305
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 52
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (305)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)
- Ichiro is happy to be away from Joe Girardi (88)
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” (86)