Padres could fetch $3B, but for now team is low on cash – and the rotation is shaky
By Barry M. Bloom
Published on March 25, 2026.
The Padres are up for sale, potentially to be bought by Joe Lacob, the owner of the Golden State Warriors, the WNBA's Golden State Valkyries and San Francisco's Chase Center. The team is currently struggling with cash and a shaky starting rotation. Lacob has made a significant offer, indicating that the franchise could fetch over $3 billion. The Padres are valued at $3.1 billion by two business outlets, 10th best in MLB and 34% higher than 2025. Despite this, the team is still aiming to achieve what no Padres club has since 1969, winning the World Series. The franchise is in debt and loses millions of dollars a year despite having the second highest home attendance in baseball last year and revenues over $500 million.
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