Moores confirmed that he hired Goldman Sachs to find potential buyers for the ball club.
"My strong desire is to stay involved, because the last decade and a half has been a terrific experience," Moores said in a telephone interview. "But I have no idea how long this is going to take or how it's going to turn out. I don't know at this point what the combination will be and whether I'll be involved in it."
If I had a choice I'd rather Moores not be involved going forward. Out with the old and in with the new. The last sentence is a little confusing. The "this" he's talking about is his divorce. The "combination" is probably a group of owners.
"The club owns a couple of buildings down there, but I'm not sure a buyer would want them -- it's not clear," Moores said. "This was a huge amount of risk. My first preference would've been to develop nothing, but that simply wasn't possible. It's a process that's ongoing, and it's very difficult for me to say that on balance we've made a lot of money. But the notion that we've made billions of dollars is simply made out of whole cloth."
Whole cloth? What's with this old timey time sayings? The saying means "utterly without foundation in fact, completely fictitious." The first citation was from 1843. Get with the times Moores!
You know what I say? Do it the Yankees way!
"For us to do it the Yankees way is just utterly foolish," Moores said. "I think most baseball people would agree with that. On top of it, it's been a bad year, going through a divorce and headed into a recession. That's as bad a combo as you can find. We're not going to risk the franchise by signing contracts that don't make any sense and put us in long-term debt.
"I don't want to go through another 2008. I think it was terrible. I think that shocked the system. It's not going to happen again in 2009. We're going to put together a much better team."
Oh nevermind. But seriously 2008 did suck balls.
"Jake Peavy may well be our [Opening Day] starting pitcher in 2009," Moores said. "I believe he represents good value in today's baseball economic system. However, it is team policy to consider the trade value of all players to see if the club can improve its competitiveness. The only player on my watch that was never remotely considered for a trade was Tony Gwynn."
Moores also talks about Trevor Hoffman and says what you would expect him to say.
"That's a good question and I don't have an answer," Moores said. "In reality, what price would you like to have him back? I've told Trevor that he was clearly the best Padres pitcher ever. In a way, he's like Gwynn. He is the Padres.
"It's a very hard issue for me to deal with. I don't like the idea of not seeing Trevor out there, but it's all about putting the best team on the field with the resources we have. That will be a baseball decision and that will rest with the club. I'm not going to go telling them you've got to sign Trevor, as fond as I am of him."