"The bidding is hot and should push well beyond $3 billion, perhaps even getting beyond $3.5 billion. The next and final round of bidding is expected to take place in early to mid-April."
"If the reports on the potential sale price come true it will shatter a record. The highest sale price to date for an MLB franchise is the $2.4 billion Steve Cohen paid for the Mets in 2020."
"The MLBPA could point to the sale as a sign that the economics of the game are strong even without a salary cap. The league is expected to push for a cap this winter during the anticipated lockout."
The sale process for the San Diego Padres is advancing, with four groups still in contention. Leading bidders include Jose E. Feliciano, Dan Friedkin, Joe Lacob, and Tom Gores. The bidding is expected to exceed $3 billion, possibly reaching $3.5 billion. The final round of bidding is anticipated in early to mid-April, with a potential agreement by the end of the month. The sale price could influence upcoming collective bargaining negotiations between Major League Baseball and the MLB Players Association.
Read at MLB Trade Rumors
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