Golden State Warriors owner Joe Lacob is the leading candidate to buy the San Diego Padres but will have to keep the Padres in San Diego and will not be able to move them to Oakland. (file photo New York Times)
Joe Lacob is still the favorite to buy the Padres
That’s Amaury News and Commentary
By Amaury Pi Gonzalez
Joe Lacob tried to buy these teams in the past: the Oakland A’s, the Los Angeles Angels, and the Los Angeles Dodgers. Today, he is considered the favorite to buy the San Diego Padres, who are officially on the market. Bids are expected by the end of February 2026. The San Diego franchise is valued between $1.9 billion and $2.3 billion; however, the current ownership may seek around $3 billion.
While some reports label Lacob a leading suitor, other potential buyers are involved as well. Lacob, who also owns the NBA Golden State Warriors and the WNBA Golden State Valkyries, confirmed he has toured Petco Park in San Diego. While he has not yet committed to a final decision, all reports indicate he remains the leading suitor for the franchise.
Joe Lacob attempted to buy the Oakland Athletics in 2005 , reaching a verbal agreement to purchase the team from then-owner Stephen Schott for approximately $180 million. However, then-MLB Commissioner Bud Selig blocked the sale, favoring a bid from John Fisher and Lew Wolff, which ultimately led to Lacob purchasing the Golden State Warriors instead.
Lacob maintained a standing offer to buy the Oakland Athletics from John Fisher for over a decade, while expressing interest in buying the team for many years (over a decade). His standing offer to buy the team from Fisher and keep it in Oakland until 2022.
The A’s under Fisher are on their way to conclude a 3-year stay at Sacramento, the city they are using as a stopover until he inaugurates his new indoor park Las Vegas, Nevada. How much have MLB franchises appreciated during the past 40 years? Walter Haas Jr., then-chairman of Levi Strauss & Co., purchased the Oakland Athletics from Charlie O. Finley for $12.7 million on August 23, 1980.
Quote: “The Stock Market is a better investment than owning an MLB team” – Rob Manfred (2022), Commissioner of Baseball.
Amaury Pi-Gonzalez – Cuban-born Pi-González is one of the pioneers of Spanish-language baseball play-by-play in America. Began as Oakland A’s Spanish-language voice in 1977 ending in 2024 (interrupted by stops with the Giants, Mariners and Angels). Voice of the Golden State Warriors from 1992 through 1998. 2010 inducted in the Bay Area Radio Hall of fame.
While in the Bay Area, great food and great prices. 998cuba.com








