So that’s how they intend to get out of all those back-loaded contracts. Wink-wink.
This morning, the Seidler family released a statement indicating their intentions to explore a potential sale of the San Diego Padres. That statement can be seen below.
San Diego Padres Exploring a Sale
Take it away, Seidlers:
SAN DIEGO, Calif. – The Seidler family today announced that it has decided to initiate a formal process to explore strategic options for the San Diego Padres, including a potential sale of the franchise. This decision follows months of careful consideration and consultation with trusted advisors.
John Seidler, the Chairman of the San Diego Padres, said, “The family has decided to begin a process of evaluating our future with the Padres, including a potential sale of the franchise. We will undertake this process with integrity and professionalism in a way that honors Peter’s legacy and love for the Padres and lays the foundation for the franchise’s long-term success. During the process and as we prepare for the 2026 season, the Padres will continue to focus on its players, employees, fans, and community while putting every resource into winning a World Series championship. We remain fully committed to this team, its fans, and the San Diego community.”
The club has engaged BDT & MSD Partners, a trusted advisor to families and founder-led businesses, to guide this process. The firm will oversee the process to ensure that it is conducted in a disciplined and professional manner.
The Seidler family and the Padres do not intend to comment further until the process has concluded.
All jokes aside about those back-loaded comments (and even despite pushback from anonymous Padres sources last night), this does support Bob Nightengale’s reporting that the team might be looking to offload some of those long-term commitments as soon as this offseason. Having all that debt on the books is not conducive to a sale (hurts the bottom line) and is probably not what a new ownership group would want to be hindered by immediately upon taking over.
The flip side to that argument is that they might want to make those decisions themselves, but you could have it both ways. And in any case, Nightengale took immediately to X to drop an “I told you so.”
This is why rival GMs believe at some point in the future the Padres will be looking to move some of their long-term contracts t.co/JbMVcWpClY
— Bob Nightengale (@BNightengale) November 13, 2025For what it’s worth, the owners of the Minesotta Twins began exploring a sale LAST October, but then pulled back this August, when things didn’t quite shake out the way they expected/hoped. So that entire process, which amounted to nothing, took ten months. Just a little context for you.
Other relevant context? The estimated franchise valuations from CNBC ($2.1B, 16th in MLB) and Forbes ($1.95B, 17th in MLB) both have the Padres right in the middle of the pack, about $500M more than the Twins ($1.5-1.65B).
Who knows where this goes from here, but the Padres’ front office is going to be in a precarious place this offseason. This decision will impact the way we operate; we just may have to wait to see exactly how far they’ll go to pull long-term expenses off the books.
(Open use via Unsplash)Lastly, and in case you wanted to read it again, here’s this:
Up Padres shoot down Fernando Tatis Jr. trade rumors as quickly as they popped up. t.co/tFTOkrIcr1
— Bleacher Nation (@BleacherNation) November 13, 2025Hence then, the article about breaking the san diego padres are exploring a potential sale was published today ( ) and is available on Bleacher Nation ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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