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MLB puts Padres sale to Moorad on hold

"Baseball Commissioner Bud Selig called it a "speed bump" rather than a roadblock, but the Padres' planned ownership transition is at least temporarily on hold.

A transaction Padres Chairman John Moores had described as "100 percent complete," pending confirmation by his peers, was abruptly dropped from the agenda of the quarterly owners' meeting here Thursday after a series of financial questions were asked but not answered.

Padres CEO Jeff Moorad described the issues as "technical," and said "they have no material impact," but the late-breaking snag so irritated Moores, according to a baseball source, that he withheld his vote on Selig's two-year contract extension (which was approved by the other 29 owners)."


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