Advertisement
Advertisement

Padres Executive Chairman Ron Fowler Steps Down, Sells Majority of Team Stake

Padres executive chairman Ron Fowler steps down
Advertisement

The San Diego Padres will undergo a slight ownership change, as executive chairman Ron Fowler has sold the majority of the team’s stake to Peter Seidler.

Fowler made the postseason for the first time since he took ownership of the Padres. He is now handing over the reins to his general partner, Seidler.

According to SD-UT’s Kevin Acee, Major League Baseball approved Seidler as the Padres’ new control person and his new title will be chairman.

Fowler is not completely going away from the organization, as the 76-year-old will serve in an advisory role. He is expected to continue to play a key role in baseball’s labor negotiations, as they have an important Collective Bargaining Agreement coming up next offseason.

What they built

Padres fans know Seidler for being the secondary owner since he and Fowler took over the team in 2012. Fowler was the face of the ownership group and was the head man in the innovation of Petco Park. He was also instrumental in changing from their blue uniforms back to the fan-favorite brown and gold uniforms.

Advertisement

Fowler and Seidler were a big driving force in signing Wil Myers to an $83 million contract extension, Eric Hosmer to an 8-year deal, and All-Star third baseman Manny Machado to his 10-year, $300 million contract before the 2019 season.

Fernando Tatis Jr. remains the team’s biggest extension priority to be completed. Seidler will be the majority owner when the negotiations take place.

USA Today’s Bob Nightengale tweeted on Wednesday that the ownership move “certainly creates a potential opening for [Former Cubs President of Baseball Operations] Theo Epstein, who has told friends he’d love to be involved in ownership and has had eyes on San Diego.”

Check us out on our socials: 
Twitter: @PTSTNews and @TalkPrimeTime
Facebook Page: Prime Time Sports Talk
Join our Facebook Group: Prime Time Sports Talk 
Instagram: @ptsportstalk

Advertisement

Follow Ben Fadden on Twitter @benfaddensports

Main Credit Image: Embed from Getty Images

Advertisement

Check us out on our socials:   
Twitter: @PTSTNews and @TalkPrimeTime
Facebook Page: Prime Time Sports Talk
Join our Facebook Group: Prime Time Sports Talk 
Instagram: @primetimesportstalk

Advertisement

Share this:

MLB baseball - Arizona Fall League
Latest News

Arizona Fall League to Get Underway

The Arizona Fall League is set to get underway on Monday, Oct. 7, 2024. Now entering its 32nd season, the league is a chance for top prospects to continue to hone and improve their skills. These prospects will get the opportunity to play with and against other rising stars from all over MiLB.

Read More
MLB Astros Mauricio Dubon bunting
Latest News

Bunting in MLB has Declined

Bunting in MLB has declined. Moreover, it has some wondering if this unique way to get a hit or move a runner up will become a thing of the past. There is a time and a place to lay down the bunt for a hit or to move the runner along, but managers today are using it less and less.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement
Browse by Category:
Advertisement
Advertisement

Visit ChiefsBlitz.com for
hard-hitting KC Chiefs coverage.