Overview
- Team president John Seidler announced the family has opened an evaluation of the franchise’s future that could include a sale.
- The Padres retained BDT & MSD Partners to guide the process, following the firm’s work on other recent sports ownership reviews.
- The organization says day-to-day operations continue with preparations for the 2026 season and a stated commitment to fans, employees and the San Diego community.
- The ownership review follows Peter Seidler’s death in 2023 and a subsequent lawsuit by his widow, Sheel, contesting control of the club.
- San Diego’s recent postseason runs and record home attendance strengthen its market appeal, though MLB precedents show that exploring a sale does not guarantee a transaction.