Below is a letter I received today from the Padres.
Amid our baseball news during this holiday season, I wanted to share directly with you our thoughts about Adrian Gonzalez and our trade for four players.
As a Padres fan, and as a member of the Padres organization, I thank Adrian for everything he has done -- both on and off the field -- for this club and for the greater San Diego community. Adrian gave us five tremendous seasons, playing with heart and contributing to every game. He has been a fixture in the community, and there is no doubt that we will miss him.
As fans, it breaks our hearts when we trade players we've fallen in love with. We would have loved for it to be possible for our native son to be a lifetime member of the Padres. Over the past several weeks, it became evident that it would require $140 million to $170 million over the next seven to eight years to sign Adrian. To build a championship-caliber club from top to bottom, we cannot devote an
exaggerated sum to one player if it comes at the expense of constructing an excellent team. As we know, championship clubs require strength and depth from one to 25 (and then some).
While we have the smallest television territory in Major League Baseball and the smallest number of Fortune 500 companies of any baseball market, we do have a beautiful ballpark and a devoted fan base. We are working hard to grow our revenues, and as we do, every new dollar will go back into the team. We can accomplish our goal of having a consistently winning team and one capable of winning a Championship. To do so, we will need a lot of talented players hitting their prime at the same time. We have a baseball staff that can build such a team.
Jed Hoyer and Jason McLeod know the Red Sox farm system as well as anyone, and they are thrilled to be bringing three players (Casey Kelly, Anthony Rizzo and Reymond Fuentes) whom they value so highly and whom they believe in so strongly. We have faith in their judgment.
We all have the same goal - to see a winning team year-in and year-out, one that plays October Baseball in hopes of winning the World Series. We want a team we can believe in, playing in a home we love, with an ambiance that is welcoming to all.
As Season Ticket Holders, you are the backbone of the franchise, and we are determined to reward your faith in us. We had a magical season this year that surprised fans throughout baseball. Although we came up short, it was a season of heart and joy and talent - one upon which we hope we can build. As we welcome Casey Kelly, Anthony Rizzo and Reymond Fuentes, Jed and his team will continue to do what they did so well in 2010: scout the best talent for the greatest value. We still have among the best pitching and defense in baseball, and we expect to build an exciting team of contenders
that San Diego fans will be proud to support in 2011. The heart, energy, competitiveness and teamwork that you saw from Buddy Black's team in 2010 will be a hallmark of Padres baseball for years to come.
On behalf of Jeff Moorad and our entire organization, we thank you for your loyalty and active participation, and we wish you the happiest of holiday seasons. Remember: there are less than 75 days until pitchers and catchers report. I look forward to seeing you in Peoria, if not before then.
President & Chief Operating Officer