Report: Drew Brees, Joe Lacob among interested Padres buyers

Field Level Media
27 Feb 2026, 22:35 GMT+10

(Photo credit: Matthew Hinton-Imagn Images)

Hall of Fame quarterback Drew Brees and Golden State Warriors owner Joe Lacob are among the parties pursuing a purchase of the San Diego Padres, Front Office Sports reported Friday.

Five bidding groups are involved in a quick-moving process that could set a record price for an MLB franchise, with an agreement potentially in place by Opening Day on March 26, per the report.

Four of the five bidders were identified in the report, including Lacob.

Brees, who began his NFL career with the then-San Diego Chargers, is part of a group with Vuori CEO Joe Kudla.

The others are Dan Friedkin, owner of the Premier League's Everton and Serie A's AS Roma, and Jose E. Feliciano, co-owner of Premier League side Chelsea and founding partner of Clearlake Capital.

'We've had tremendous interest,' Padres chairman John Seidler confirmed.

Factors driving up the sales price include the overall scarcity of available franchises, increases in attendance and viewership, and rising global fandom. The Padres ranked second in the league last season with a franchise-record attendance of 3.43 million, trailing only the Los Angeles Dodgers.

Steven Cohen's purchase of the New York Mets in 2020 for $2.4 billion is currently the league record but it's 'quite likely the Padres deal will surpass that,' FOS reported.

The Seidler family put the team on the market last November, two years after the death of former lead owner Peter Seidler.

--Field Level Media

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Central Coast News.

More Information

Business

Section

Cocaine and cannabis seized in drug raids in Co Limerick

CO LIMERICK , Ireland - A mjor drug bust undr\er Operation Tara was carried out in Ireland on Wednesday. Officers attached to the...

Court strikes tariffs, but American shoppers may see no relief

NEW YORK CITY, New York: Shoppers hoping for lower prices after the U.S. Supreme Court struck down President Donald Trump's emergency...

AI shift pushes Australia’s WiseTech to axe third of staff

SYDNEY, Australia: Australian software company WiseTech Global will cut about 2,000 jobs, nearly a third of its global workforce, as...

Tech sell-off drags Nasdaq lower, but VIX 'fear gauge' spikes

NEW YORK, New York -Global markets delivered a mixed performance on Thursday, with strong showings in some European and North American...

General Atlantic seeks ByteDance sale at $550 billion

NEW YORK/HONG KONG: Investment firm General Atlantic is seeking to sell part of its stake in ByteDance in a transaction that values...

London black cab drivers doubt robotaxi rollout

LONDON, U.K.: Autonomous taxis are preparing to enter London's streets, but the city's iconic black cab drivers are questioning whether...

California

Section