The San Diego Padres are an American professional baseball team that compete in Major League Baseball as a member club of the National League (NL) West Division. Since their establishment in 1969, the team has gone on to claim two NL Pennants and five West Division titles. They have also managed to produce some excellent talents from their rosters throughout the years like Randy Johnson, Tony Gwynn, Manny Machado, Xander Bogaerts and Fernando Tatis Jr. among other notable names.
Mike Shildt has taken over responsibilities as the new manager of the team following the departure of former manager Bob Melvin. On the other hand, A.J. Preller takes care of baseball operations and also serves as the General Manager of the team. The team uses Petco Park as their home game stadium.
Who owns the San Diego Padres?
The late Peter Seidler was the owner of the San Diego Padres. The team is presently being owned by his estate.
Peter Seidler was an American businessman hailing from Alhambra, California, United States. Born on November 7, 1960, he was notable for being the grandson of Walter O’Malley, the former owner of the Brooklyn Dodgers, who relocated it to Los Angeles and later became the Los Angeles Dodgers. He was also the nephew of Peter O’Malley, former owner and President of the Los Angeles Dodgers. Among Seidler’s business endeavors, he established a private equity firm called Seidler Equity Partners in Marina del Rey, California, United States in 1992. He had invested in LA Fitness, the gym chain and Hal Leonard, a music company. His firm purchased Rawlings as co-partners with MLB in 2018.
Peter Seidler in his personal life was married to his wife Sheel Siedler and they shared three children together. He suffered from Type 1 diabetes and non-Hodgkin lymphoma. Unfortunately, he passed away on November 14, 2023.
Peter Siedler’s Role as the Owner of the San Diego Padres
The late Peter Siedler, alongside his uncle Peter O’Malley and Ron Fowler formed the O’Malley Group in 2012. They then purchased the San Diego Padres from former owner John Moores for $800 million with Peter Siedler becoming the team’s new owner in the process. He later became the Chairman of the team in November 2020.
Under Siedler’s ownership, the team saw the addition of valuable talents like James Shields, Matt Kemp and Justin Upton. Moreover, for the 2022 season, he increased the team’s payroll to $214 million, and it became the 6th highest payroll in MLB. The San Diego Padres competed in the NLCS that season.
Peter Seidler again increased the team’s payroll, this time to $237 million for the 2023 season, which then became the 3rd highest payroll in the MLB. He also added and extended contracts for players like Fernando Tatis Jr., Josh Hader, Manny Machado, Joe Musgrove, Yu Darvish, Juan Soto and Xander Bogaerts. His efforts led the San Diego Padres to rank #3 in the NL West Division in the 2023 season. Unfortunately, this was his last season as the owner as he passed away on November 14, 2023. The team has placed his name in memoriam among their front office directory.
FAQ's on San Diego Padres Owner
A. Peter Seidler used to own the San Diego Padres. However, his unfortunate death in November 2023 has brought a dark cloud over the ownership of the team. Eric Kutsenda has currently taken over the control of the team.
A. The late Peter Seidler became the owner of the San Diego Padres in 2012.
A. Peter Seidler died at the age of 63.
A. The late Peter Seidler paid $800 million for purchasing the San Diego Padres in 2012.
A. The San Diego Padres’ record in the 2023 MLB season stood at 82-80-0.
