The San Diego Padres are on the hunt for new ownership as the Siedler family announced plans to sell the team last November. With five groups reportedly placing initial bids, there's a buzz around who might take the helm. Among the contenders are Premier League owners from Chelsea and Everton, adding an international flavor to the mix.
In an exciting development, Hall of Fame quarterback Drew Brees has teamed up with Joe Kudla, the founder of the athleisure brand Vuori, to join the bidding war. Brees, who kicked off his illustrious NFL career with the San Diego Chargers, is no stranger to the city and has been a familiar face at Padres games, often donning the team's jersey.
Joe Kudla, a University of San Diego alum, founded Vuori in 2015. The brand has seen rapid growth, boasting a valuation of $5.5 billion and venturing into major professional sports with endorsement deals featuring stars like British tennis player Jack Draper and Detroit Lions quarterback Jared Goff.
The Seidler family aims to fetch over $3 billion for the Padres, with hopes of closing the deal before a potential lockout next offseason. The team was originally purchased in 2012 for $800 million by the late Peter Seidler and his partner, Ron Fowler, who played a key role in bringing Manny Machado to San Diego.
Drew Brees' connection to San Diego runs deep. Despite his years with the New Orleans Saints, the city holds a special place in his heart, making him a potentially fitting owner for the Padres. As the bidding process unfolds, fans are eagerly watching to see who will lead the team into its next chapter.