Here's what the San Diego Padres record $3.9 billion sale means for Major League Baseball
Friday morning, news broke that the San Diego Padres organization had officially been sold. And that news effectively ended much of the debate, disagreement, and complaints about the market size disparities in modern Major League Baseball.
For over a decade, the Seidler family, primarily the late Peter Seidler, owned and operated the Padres. And they turned a perennially bottom-feeding franchise into a juggernaut. How? By treating a competitive sport like a competitive sport, and investing heavily in the on-field product.