very exclusive.

Hopefully it goes through soon enough for the team to take advantage of one of the richest free agent classes in years. I’m not sure what the payroll would be expected to be, but it has to be better than 40 mil, right?

Moorad just has exclusive bargaining agreement with Moores.

Moorad is coming in with an investment group and negotiating to buy a majority interest, not all of Moores share. He won’t be the only owner, not even in his investment group, probably just the managing partner.

If you read the article Moorad talks about how the Diamondbacks are getting it done with a small payroll. Don’t expect Moorad and his investment group to go out and sign any big name free agents.

The Team will have to pay for itself with these guys if they are going to pattern themselves after what Moorad, Kendrick et al did in Arizona.

I hope that the new group is in place by the draft so that they will be able to spend the money to sign the most talented player available.

In that it should get the Padres back where they were before the whole divorce thing. However, this is not the type of owner that some glb people have hoped for that would spend massive bank to make the fans happy.

I’m hoping that Moorad decided he wasn’t cut out for running a team’s day-to-day operations and would rather just be in charge and have smart people like Sandy, KT, DeP and Grady run it instead. As much Sandy-hate as there is out there, getting rid of him will not be good for the team on the field (but it would probably be a boon for the PR department). Moorad does know some things about baseball though, so adding one more smart guy to the current think tank could only help things.

Oh, well at least he spends ridiculous money he doesn’t even have.

this could have happened before they were forced to dump Khalil for a bag of balls.

I´m currently in southern Mex and just happened upon the internets and this is what I find! If the Chargers win tonight , my faith in all things fair and just will at least be partially restored.

This should be great news for Padres fans and San Diego Sports in general. While I would not consider John Moores to be a “bad” owner, his domestic legal proceedings rendered him unable to provide the resources and committment necessary to give you great Padres fans the competitive team you deserve. All the best to you guys in 2009 and the future…

jbox, our team is now owned by a BRUIN!