Padres’ Sale Nearing Conclusion

The Seidler family’s sale of the Padres franchise is nearing a conclusion, reports Dennis Lin of The Athletic. Four finalist groups of bidders remain in the mix, and the sale price could approach a record $3.5 billion, per the report.
A sale of the franchise has been in the works since November. At the time, chairman John Seidler announced that his family had  “decided to begin a process of evaluating our future with the Padres, including a potential sale of the franchise.&rdquo