Seidler Family Explores San Diego Padres Sale Options
The Seidler family, following the death of Peter Seidler, has initiated a review of the future of the San Diego Padres. This assessment may lead to the sale of the franchise, which Peter acquired in 2012. The announcement comes just a day before the second anniversary of his passing.
Exploring the Future of the Padres
In a statement, Padres chairman John Seidler, Peter’s elder brother, confirmed the family’s decision. “We will undergo this evaluation with integrity and professionalism,” he stated. The aim is to honor Peter’s commitment to the team and ensure its long-term success.
Focus on Team and Community
As the exploration of a potential sale progresses, the Padres will maintain their dedication to players, fans, and the local community. Preparations for the upcoming 2026 season are ongoing, emphasizing their goal of winning a World Series championship.
Retention of Financial Advisors
- The Seidler family has enlisted BDT & MSD Partners, a merchant bank, to guide the process.
- Further comments regarding the potential sale will be withheld until the evaluation concludes.
This development marks a significant moment for the Padres. Peter Seidler played a crucial role in elevating the team’s status since his purchase. His legacy and vision will remain central to the family’s considerations moving forward.
