Padres Sell for $800m to Group That Includes Phil Mickelson
From on August 7, 2012
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The sale of the San Diego Padres was completed Monday night, reports MLB.com. The final hurdle is approval by the current MLB owners, though there isn't expected to be any issue. CBSSports.com's Scott Miller reported back on June 25 the deal will be approximately $800 million and that remains the case. Miller also reported the controlling owner would be Ron Fowler, an investment banker. Current Padres owner John Moores -- who has been trying to sell the ballclub since 2009 -- seems ready to move on.
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