San Diego Padres owner John Moores told MLB.com this weekend that he has hired Goldman Sachs to identify potential buyers for the ballclub.
Moores, who bought the team in 1995 for approximately $80 million, said the international banking firm has been hired as a financial advisor to study selling the team either in its entirety, in part or not at all.
“My strong desire is to stay involved, because the last decade and a half has been a terrific experience,” Moores said in a telephone interview. “But I have no idea how long this is going to take or how it’s going to turn out. I don’t know at this point what the combination will be and whether I’ll be involved in it.”
By virtue of the community property laws, Moores’ soon-to-be-ex-wife Becky has to approve of any sale. If life was a sitcom, the part of Becky would be played by Delta Burke or someone sassy like that and this fact would lead to all kinds of wonderful zaniness.
Life is not a sitcom, however, so what’s going to happen to the Padres over the next couple of years is going to be crushingly ugly, bringing amusement to only those fans who live in Los Angeles, San Francisco, Denver, and Phoenix.