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Thursday, October 09, 2008
John Moores To Sell 49% Of Padres
As a consequence of his divorce, John Moores is selling 49% of the Padres. Rumored owners are the Jacobs family of Qualcomm and another unnamed group. More on this at Gaslamp Ball, which points out that Moores owns a total of 80% of the club now; the recent Forbes valuation put the franchise at $360M.