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Sports Illustrated
Sports Illustrated
Sport
Patrick Andres

Report: Padres Took Out $50 Million Loan in September to Resolve Cash-Flow Issues

The Padres have been one of baseball's biggest spenders in recent years, and it's hard to argue (for the most part) with the results: San Diego has strung together three winning seasons in four years for the first time since 2004-07.

However, their financial free-for-all has reportedly come at a price.

The Padres took out a loan of about $50 million in September to cover "obligations, including player payroll," according to a Wednesday afternoon report from Evan Drellich, Dennis Lin and Ken Rosenthal of The Athletic.

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