Padres' sale process nearing end; agreement expected as soon as next week: Source

The San Diego Padres’ sale process is approaching its conclusion, with an agreement between the Seidler family and a preferred bidder expected as soon as early next week, a source with knowledge of the situation told The Athletic.The development would cap a months-long auction that has drawn four finalist groups and a potential sale price of around $3.5 billion, a figure that would shatter the MLB record for a franchise sale ahead of a pivotal labor fight. The current benchmark of $2.42 billion was established in 2020 when Steve Cohen purchased the New York Mets.Advertisement