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Sports Illustrated
Sports Illustrated
Sport
Stephanie Apstein

What the Padres Sale Says About Other Small-Market Teams

For the last five years, the Padres spent. They spent $340 million on Fernando Tatis Jr. and $350 million on Manny Machado, making them one of only three teams with two guys making that much. They spent more than a billion dollars, more than all but four other clubs. They spent so much that they had to take out a $50 million loan in 2023 to make payroll. 

And the franchise just sold for a league-record $3.9 billion, 62.5% more than the Mets fetched in 2020. 

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