The family of the late San Diego Padres owner Peter Seidler is exploring the possibility of selling the franchise.

The Padres announced the Seidler family's decision to examine a sale Thursday. The club has hired BDT & MSD Partners, which served as an adviser on similar discussions in recent years to the NBA's Boston Celtics and MLB's Chicago White Sox.

What You Need To Know

John Seidler, who became the Padres chairman after his brother's death in November 2023, said his family is “evaluating our future with the Padres"

Peter Seidler was part of a group that purchased the Padres for $800 million in 2012, and he became the team's primary owner in November 2020

The San Diego metropolitan area is among the top 20 largest markets in the U.S., yet the Padres were the only major professiona

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