San Diego Padres owners enter into agreement to sell club to sports veteran Jeff Moorad 02/03/2009 5:15 PM ET MLB.com SAN DIEGO, CA - Marking a new chapter in the club's 40-year history, the San Diego Padres announced today an agreement to sell the team to a California-based ownership group led by Jeff Moorad, who resigned last month as CEO of the Arizona Diamondbacks. Moorad and his group will buy the franchise over a period of up to five years, ultimately acquiring 100% ownership, subject to approval by Major League Baseball. Under the terms of the agreement, the sale is expected to close and Moorad to assume the role of CEO by Opening Day. A UCLA graduate with strong roots in Southern California, Moorad has a 25-year history in professional sports, working for many years as a player representative for top athletes in baseball and football. He purchased an ownership stake in the Diamondbacks in 2005. "Jeff Moorad will not only bring to the Padres his unique experience, passion for the game, and proven leadership, but an unparalleled commitment to the City of San Diego and its dedicated fans," said Padres Chairman John Moores. "I speak for our entire organization in saying that we look forward to working with Jeff to reach the ultimate goal of winning a World Series title for America's Finest City." "It is an honor to enter into an agreement to purchase the San Diego Padres, a team with a rich history of great players, terrific fans, and a strong commitment to the community," said Moorad. "I consider it a privilege to have worked out an agreement that allows for the orderly transition of ownership of the franchise over the next several years." "As a lifelong baseball fan and a native Californian, I know that with this privilege comes the responsibility to field a consistently-winning team with an absolute goal of winning a World Series championship," Moorad added. "I also know that we have a responsibility to our fans, as they are the spirit and heart of the Padres, and I look forward to providing an affordable, rewarding fan experience for all. It will be a hallmark of our ownership group to continue the same organizational commitment to the San Diego community that the Moores have spearheaded so admirably. We look forward to being on board by Opening Day."
Dont know about KT, but there's this: 02/03/2009 7:58 PM ET San Diego Padres "I want to congratulate John Moores and Jeff Moorad on the sale of the Padres to Jeff’s group. I also want to confirm that, upon the closing of the sale, when Jeff becomes CEO of the Padres, I will be leaving the organization. Until that time, I will continue in my current role." STATEMENT FROM SAN DIEGO PADRES CEO SANDY ALDERSON _______________________ So, Sandy's going bye-bye.
I know Sandy did do some good in establishing the Dominican Academy and bringing, if anything, a philosophy and organization to the team. But still I'm glad he's gone
I'm not upset that he's going, but I'm not glad either. Kind of indifferent. The drafting improved 7 fold after he came on baord, but the famr is still nothing to write home about.
If I'm not mistaken wasn't Towers offered the GM position a few years back in AZ after he had interviewed for it. If so I would think Moorad keeps him on board.
Yes the draft picks got better but outside that what did he really bring to the table? Loser, I mean Money Ball?
I'll give you the Academy but philosophy? Not asking to be a smart *** but has Money Ball ever won a championship? Or even a playoff series for that matter?
Have the Padres ever practiced "money ball"? :icon_huh: or this version http://en.wikipedia.org/wiki/Moneyball Neither one sounds like the Padres philosophy :icon_huh:
"Loser" I mean Money Ball has worked well in Oakland. But, like I said, I'm not upset to see him go. I'm just not overjoyed, either.
When was the last time they won a playoff series with that philosophy? It may work in the regular season but, come playoff time when you’re facing good pitching every game, IMO, it doesn't work.
The playoffs are a crap shoot. If you make it there every year you're going to win it eventually. Just ask the Atlanta Braves.
