
The Seidler family, who have owned the Padres since 2012, will be exploring a potential sale of the franchise, they announced on Thursday.
Peter Seidler purchased the San Diego franchise in 2012 for $800 million. He acted as chairman for the Padres from that point until his death in November 2023. His brother John took over in his stead and oversaw the last two seasons for San Diego, in which the team made the postseason twice and won one playoff series.