The Padres have been sold to Moorad

by Dex on Feb 3, 2009 3:46 PM PST

It's official. The Padres have a new ownership group.

What does this mean? My thoughts:

Buyout is scheduled to take place over the course of 5 years.
Figure 30% the first year, then 20/20/10 for the full buyout?
Moorad will be in control in time for the Cox deal to be done, so this could be seen as a future value added
Sandy Alderson is as good as gone. I have lots of trouble seeing how Moorad doesn't take over Sandy's day to day activities
Does Paul DePodesta go with Sandy? I see room for Paul, but maybe not room for Paul and KT.
What will become of the Candy Factory at the ballpark? Can Gaslamp Ball acquire some office space there?
Will there be a cash infusion? Will the front office be a nicer place? I'm kinda thinking it's been a scary place to work.

So much to think about. More thoughts later.

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Nothing says "competitive franchise" like...

…three to five years of unsettled ownership!

I can’t pretend to know what this portends for the Padre future…So I guess I’ll just hope it’s good?

by goose1 on Feb 3, 2009 4:00 PM PST reply actions

I've defended Sandy before

But I think Moorad is good enough to replace Sandy without losing much. The more important thing, I think, is to keep Fuson. He’s the guy with the vision on how to get our minor league system producing quality talent. Maybe all Sandy knew was that he had to bring in Fuson.

I still don’t see why you can’t have both DePo and KT. I see KT as the guy who can haggle and do the trades that the team needs to do. DePo is the researcher behind the scenes giving KT all the ammo he needs before striking these deals. The GM doesn’t know everything, I think he needs as many guys as possible feeding him info so he can make the most informed decisions.

1-10-DEN 18 (9:52) (Shotgun) 6-J.Cutler pass short right intended for 19-E.Royal INTERCEPTED by 93-L.Castillo (95-S.Phillips) at DEN 18. 93-L.Castillo to DEN 14 for 4 yards (62-C.Wiegmann). 6-J.Cutler pouts ob to DEN 25 for 11 yards.

by Wonko on Feb 3, 2009 4:03 PM PST reply actions

Yep

It was Fuson who wrote the 140 page manual. Sandy just made everyone read it. It’s KT that smooth talks the other GMs. DePo is the brains behind the scenes.

by The Kipper on Feb 3, 2009 5:01 PM PST up reply actions

so you're saying depo is as good as gone?

DePo better find himself a better title if he expects to be around. I’m a fan of his, but he’s told us what he does and I’m still not sure what he does.

by Dex on Feb 3, 2009 5:14 PM PST up reply actions

Sandy is out

officialy the day Morrad takes over

by schwing and a miss on Feb 3, 2009 4:05 PM PST reply actions

but

I also think sandy gets a bad rap. he has put together a great foundation.
Depo i hope stays.

by schwing and a miss on Feb 3, 2009 4:10 PM PST reply actions

True

If Sandy would have worked on his PR skills or just left all of the PR stuff (ie radio interviews ect…) up to someone else in the organization I think people in SD would have appreciated the work he has done a lot more than they do.

by Grey Suit on Feb 4, 2009 8:37 AM PST up reply actions

I really hope Sandy is the only one that leaves.

Not because I didn’t like Sandy (he did a fine job, IMO) but because he’s basically on his way out and I don’t want anyone else to go like DePo or Fuson or Towers.

"If I wasn't Bob Dylan, I'd probably think that Bob Dylan has a lot of answers myself." - Bob Dylan

by JollyWaffle on Feb 3, 2009 4:19 PM PST reply actions

agree

by schwing and a miss on Feb 3, 2009 4:43 PM PST up reply actions

$500 million sale

and $100 million up front equals 20% now and 80% over 5 years years.

Do you know what we get to do today? We get to talk baseball!

www.websoulsurfer.com

by websoulsurfer on Feb 3, 2009 5:14 PM PST reply actions

500?

When did >$400 million become 500 million? I didn’t see this.

by Billy Almon on Feb 4, 2009 5:59 AM PST up reply actions

Moores said the sale value of the club, determined through a series of closings, will ultimately be more than $500 million, including debt.

Isn't it enough to know that I ruined a pony making a gift for you? ◔ヮ◔
Uncommon Sportsman :: Absurdity in play

by Axion on Feb 4, 2009 9:14 AM PST up reply actions

the 80% doesn't have to be over five years

Its just the end date that the team has to be bought up.
Hell he could buy all of it over two years

by TheAxManCometh on Feb 3, 2009 7:57 PM PST reply actions

I think that strictly from a PR perspective

this move is a net win for the franchise. Alderson, who had earned the ire of many casual fans around the city, will be moving on. With Moorad as the CEO (and potentially co-owner of the team), the team can act like it will be turning a corner.

But here’s the key: The Padres need to do something to show the fans that a new guard is being ushered in. And rather than some ludicrous free agent signing, I have a simple suggestion:

Lower beer prices

This seems like a stupid move, but when Arte Moreno bought the Angels and lowered beer prices, he was lauded as a genius. It builds a ridiculous amount of goodwill to do something so simple. It probably doesn’t affect the team’s bottom line that much (much less than say, signing a Manny Ramirez or some other over-the-top player acquisition) and it signifies that a change has occurred. Coupled with the withering economy, it makes the Padres really seem like they’re tuned-in to fan issues.

by Phantom on Feb 4, 2009 7:47 AM PST reply actions

Not too mention

getting stupid drunk makes a 1-0 Padres loss seem like exciting baseball

by The Kipper on Feb 4, 2009 9:45 AM PST up reply actions

Absolutely key

to increasing ticket sales.

Capri. Denial. It's a sweet sweet place; come join me....

by Demoira on Feb 4, 2009 10:50 AM PST up reply actions

and sell

real beer

"Time flies like an arrow; fruit flies like a banana"
Groucho Marx

by planetjeffy on Feb 4, 2009 10:35 AM PST up reply actions

There's real beer

at Petco, you just have to look for it. There’s a place on the 100 and 200 level of the first-base side of Petco that sells about 25 different beers.

by Phantom on Feb 4, 2009 11:14 AM PST up reply actions

Isn't it enough to know that I ruined a pony making a gift for you? ◔ヮ◔
Uncommon Sportsman :: Absurdity in play

by Axion on Feb 4, 2009 12:13 PM PST up reply actions

There's that too

by Phantom on Feb 4, 2009 12:36 PM PST up reply actions

I know that beer stand

my tickets are real close…for some reason the people there know me too…….

"I feel sorry for people who don't drink. When they wake up in the morning, that's as good as they're going to feel all day. " ~Frank Sinatra

by Sammy G on Feb 4, 2009 12:55 PM PST up reply actions

Mine are kinda close

Section 101 baby

Brady Hoke, Al Borges, and Rocky Long. Aztec football is back!

by Sam (sdsuaztec4) on Feb 4, 2009 6:01 PM PST up reply actions

I can work with that

Brady Hoke, Al Borges, and Rocky Long. Aztec football is back!

by Sam (sdsuaztec4) on Feb 4, 2009 6:00 PM PST up reply actions

Maybe Moorad has the cash

to pay Jake and keep him around for the length of his contract. That sure would be nice, wouldn’t it?

by Zach (maestro876) on Feb 4, 2009 10:05 AM PST reply actions

i’d say the chances of Peavy retiring a padre just got a lot better.

552

by wrveres on Feb 5, 2009 6:45 AM PST up reply actions

Moorad

keeps saying no comment when it comes to anything related to the players. And being that Moores is still going to be the head guy for a bit longer it has me wondering if Moorad is going to have Moores do the dirty work (trade Jake) so he doesn’t look like the bad guy right off the bat….hmmmm.

by SDPads_1 on Feb 4, 2009 1:02 PM PST reply actions