PADRES: Moores might be selling part of team
There are a few interesting things in this NC Times article:
An anonymous source said this about Jake Peavy:
"They're not just listening to offers, but they're throwing his name out there,"
The Padres are actively trying to get rid of Peavy. I bet they could get a few more prospects and a couple bench warming veterans for somebody like Peavy. That'd be awesome. We could totally re-live the golden years (2004-2007) of the Padres franchise.
Even if Moores accepted an offer for 49 percent of his controlling stake in the team ---- he purchased 80 percent for a reported $80 million in 1994 ---- he'd still own nearly 41 percent of the club
Did the NC Times do their math wrong? Is he selling 49% of the Padres or 49% of his 80%? I'm not sure how he would still own 41%. I'm confused.
[Note by jbox, 10/10/08 9:30 AM PDT ] It's 49% of his 80%
Apparently Gonzalez saw the news on television while watching Oprah this afternoon.
"If nothing changes, then nothing changes," Gonzalez said. "The only (worry) is if it ended up being more than half because then it's a new owner and a new staff."
Why do people even interview Gonzalez? He's so dull. Great player and a great guy but he's so boring.
Sandy Alderson owns 2% of the Padres, that'd be funny if he totally sold out his shares to the person that Moores sells to, so that the new entity becomes majority owner.
Why can't John and Becky just agree to give their shares to their daughter, Jennifer Moores and not fight over the Padres? That would be a classy thing to do.
0 recs | 12 comments
any given sunday
Why can’t John and Becky just agree to give their shares to their daughter, Jennifer Moores and not fight over the Padres? That would be a classy thing to do.
Cameron Diaz anybody?
wrveres - October 10, 2008
Who even knows if Jennifer wants the team?
Drama - October 10, 2008
Padres
Tim Sullivan from the U-T.
Can’t believe I’m going to say this…but Sullivan is right. No one is going to pay $200 million to sit back and watch Moores make all the decisions. That’s crazy.
Drama - October 10, 2008
Don't worry
I’m not offended.
(You are so not getting back into the club.)
Winfield's Ghost - October 10, 2008
I'm on a bit of a bad streak.
You’ll never sway TTG or Tec’s vote. I have way too much on those two.
Drama - October 10, 2008
I think you're forgetting
that I’m completely shameless.
TheThirdGonzalez - October 10, 2008
And Tec's already voted against him, so...
Winfield's Ghost - October 10, 2008
I have a feeling he'll change his vote....
Someone needs to remind him about the freelunch photos.
Drama - October 10, 2008
Eff the Pics
WG got us satin. SATIN!
Sam (sdsuaztec4) - October 10, 2008
its 49% of his 80%
so thats 39% of the total team’s shares, leaving Moores 41% and the controlling intrest unless the new buyers strikes a deal to get 3% from the other share holders.
Grey Suit - October 10, 2008
good deal
jbox - October 10, 2008
Peavy should go
He’s not clutch anyway…and he lies to the medical staff.
thenerdhater - October 10, 2008
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