Padres to be Sold for $3.9 Billion

[IanRubbish]

Gives the Lerners a very encouraging comp.  Padres are worth more than the Nats as one of the top draws in the league, but it makes the Lerner hopes for a number closer to 3 billion more realistic. 

https://www.wsj.com/sports/baseball/san-diego-padres-sale-b954a4d4?mod=hp_lead_pos5

[JCA-CrystalCity]

I hope Orsillo gets a cut. Vital to their TV ratings.

[JCA-CrystalCity]

His call when the Padres came back from 6 runs down to win with 2 outs in the 9th. The reddit has the booth camera for his call, the facebook has the runs scoring play shots with his call.

https://www.reddit.com/r/Padres/comments/1snmi0a/don_orsillos_walkoff_call_from_the_booth_415/

https://www.facebook.com/MLBonFOX/videos/merrill-madness-the-san-diego-padres-walk-it-off-after-trailing-6-2-in-the-9th-i/969973438941453/

[JCA-CrystalCity]

then there's this one from another walk off;

https://awfulannouncing.com/news/don-orsillo-holy-sheets-padres-call.html

[HalfSmokes]

Gives the Lerners a very encouraging comp.  Padres are worth more than the Nats as one of the top draws in the league, but it makes the Lerner hopes for a number closer to 3 billion more realistic. 

https://www.wsj.com/sports/baseball/san-diego-padres-sale-b954a4d4?mod=hp_lead_pos5

$3 billion is only realistic if the can find a buyer. They couldn’t at 2.whatever, so I doubt they will at 3

[Ali the Baseball Cat]

Sinaloa cartel appears to be diversifying their portfolio...

$3 billion is only realistic if the can find a buyer. They couldn’t at 2.whatever, so I doubt they will at 3

[Slateman]

$3 billion is only realistic if the can find a buyer. They couldn’t at 2.whatever, so I doubt they will at 3

Leonsis offered over 2. The rumors were that the Lerners wanted what Cohen paid for the Mets.

[Count Walewski]

The other big winner is the MLBPA. If the Padres are worth $3.9 billion, the financial situation of MLB owners can't be anywhere near as bad as owners claim.

[IanRubbish]

Also shows how foolish the Lerners have been.  The Padres invested in their payroll and became a top draw.  Extending Tatis, Cronenworth, and Merrill, they've become the anti-Nats in terms of keeping their own players. 

If the Lerners took pride in the product, and stopped turning the franchise into a joke with endless salary dumps, team would be worth a lot more. 

[JCA-CrystalCity]

Fundamentally, the Lerners don't know the business and trusted the World Series guys to be able to run it on a budget. When July 2021 happened, they told Rizzo to start over and he agreed he could do it with a lower payroll over a few years.

[welch]

Also shows how foolish the Lerners have been.  The Padres invested in their payroll and became a top draw.  Extending Tatis, Cronenworth, and Merrill, they've become the anti-Nats in terms of keeping their own players. 

If the Lerners took pride in the product, and stopped turning the franchise into a joke with endless salary dumps, team would be worth a lot more. 

The Lerners are leaving money on the table. Idiots. Maybe they know real estate, but they certainly know nothing about owning a professional team. Especially in a sport without a salary cap.

[Natsinpwc]

The Lerners are leaving money on the table. Idiots. Maybe they know real estate, but they certainly know nothing about owning a professional team. Especially in a sport without a salary cap.

They no doubt have some positive cash flow now and aren’t putting any mental effort into it.  They do seem shortsighted in thinking a bad team will increase the value.  They are satisfied with the status quo.  Which is bad for the fans.

[HalfSmokes]

I think they’re hoping the union gets crushed and the league ends up with a hard salary cap. That, theoretically, shoots up franchise values