JOURNAL ARTICLE

San Diego Padres Owners Considering Sale at Record Valuation.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall 3 of 3

Abstract

The article discusses the Seidler family's consideration of selling the San Diego Padres, potentially at a record valuation for a Major League Baseball (MLB) team. Following a successful 2025 season with over $500 million in revenue and high attendance, the sale could exceed $2.75 billion, surpassing the previous record of $2.4 billion for the New York Mets. John Seidler, the chairman, emphasized the family's commitment to the team and community during the evaluation process, which is being overseen by BDT & MSD Partners. Speculation about the sale has intensified due to a lawsuit filed by Sheel Seidler regarding control of the team after the death of her husband, Peter Seidler. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:189335908
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