The group that includes former Dodger owner Peter O’Malley can become official owners of the San Diego Padres as soon as August 16, when Major League Baseball owners meet in Denver, according to Bill Center of the San Diego Union-Tribune.
O’Malley’s sons, Kevin and Brian, and his nephews, Peter and Tom Seidler, “are expected to become ‘hands-on’ owners while assuming many of the club’s business, operational and community leadership roles,” Center confirms. San Diego businessman Ron Fowler and golfer Phil Mickelson provides the local accent for the ownership group, notes Barry M. Bloom of MLB.com.
The new owners are paying $800 million for the Padres and a 21 percent stake in Fox Sports San Diego, Bloom says.
