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Thread: With the passing of the Padres' Owner, could there be a firesale?

  1. #1
    Member Kingspoint's Avatar
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    With the passing of the Padres' Owner, could there be a firesale?

    It's happened before in all sports where an Owner passes away, the new family member that runs things mandates that payroll be reduced. In the case of the Padres who got the least amount of wins per dollar spent, this seems like a no-brainer for the new Owner.
    "One problem with people who have no vices is that they're pretty sure to have some annoying virtues."


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    Member Tom Servo's Avatar
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    Re: With the passing of the Padres' Owner, could there be a firesale?

    Yes but it also seemed likely even if Seidler hadn't passed away given their financial crunch, Soto is almost a 100% lock to be traded.
    I dont care, Votto said of passing his friend and former teammate. Hes in the past. Bye-bye, Jay.

  4. #3
    Rally Onion! Chip R's Avatar
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    Re: With the passing of the Padres' Owner, could there be a firesale?

    Quote Originally Posted by Tom Servo View Post
    Yes but it also seemed likely even if Seidler hadn't passed away given their financial crunch, Soto is almost a 100% lock to be traded.
    Well, it wasn't like Seidler's passing was unforseen. It wasn't like he was a perfectly healthy 63 year old man and got hit by a bus. So trading Soto may have been in the works all along. I suppose it depends on who will own the club. A son or daughter? A wife? Another partner?
    Quote Originally Posted by Raisor View Post
    I was wrong
    Quote Originally Posted by Raisor View Post
    Chip is right

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    Re: With the passing of the Padres' Owner, could there be a firesale?

    He has nine siblings and the entire family is very wealthy. I'd imagine one of his siblings will take over.
    Go BLUE!!!

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    Member Ron Madden's Avatar
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    Re: With the passing of the Padres' Owner, could there be a firesale?

    Eric Kutsenda Named Padres’ Interim Control Person

    Eric Kutsenda has been named control person of the Padres, reports Evan Drellich of The Athletic. In a second post, Drellich adds that Kutsenda has an interim label in his title. This position was previously held by owner Peter Seidler, who recently passed away.

    MLB clubs are often owned by multiple people, families or sometimes corporations, but the league recognizes one person per team as a control person.

    This individual represents the team in league matters and is a point of contact when the league needs to engage with the club. This person is often the principal owner but this unique situation may be temporary.

    Drellich adds that Seidler’s stake in the team is currently in a trust.

    Kevin Acee of the San Diego Union-Tribune reported earlier this week that Seidler intended for the club to remain in his family for generations after he died and that the club intends to proceed with that plan.

    Seidler is survived by his wife and three children, so it’s possible that one of them will be named control person after succession plans are sorted out. That’s speculative but the interim tag suggests Kutsenda may just be a placeholder.

    https://www.mlbtraderumors.com/2023/...kutsenda-named

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    Chip R (11-17-2023)


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