[Acee] Matt Seidler responds to Sheel Seidler’s lawsuit, says Padres not going anywhere
January 8, 2025
[Acee] Matt Seidler responds to Sheel Seidler’s lawsuit, says Padres not going anywhere
21 comments
In the letter, Matt Seidler wrote that “Sheel’s claims against Bob and me are entirely untrue, and we will vigorously defend ourselves against them. That said, the false accusations in her complaint will not distract the Padres organization from continuing its great momentum on and off the field in San Diego.”
The letter also emphatically denies an assertion in Sheel Seidler’s lawsuit that the Seidler family may be considering relocating the team. He called the idea “laughable” and declared Padres fans, who have set a franchise attendance record the past two seasons, as the “best in baseball.”
In the only portion of the letter that is bolded and underlined, Matt Seidler wrote, “To clarify the record without ambiguity, relocating the Padres from San Diego has never been discussed or contemplated.”
They could really do themselves some good by spending some money right now
That would be pretty unreal to move the Padres to a different city with how popular they have become and with how Petco seems to be packed full of fans every game nowadays.
That wasn’t the biggest concern in there. Worried about them not giving a shit being a dodgers fan and treat it like a shitty business again
I don’t trust someone who is a fan of a rival franchise, a franchise in our division no less, to have the best interests of the Padres, or San Diego in mind.
I don’t believe either party that this isn’t solely about Peter’s money. They need to sell the team.
Thanks ace. Good reporting
Okay, now it’s getting way too similar to Viserys’ last words in House Of The Dragon 🤦🏻♂️
[ Removed by Reddit ]
Anyone else find it gross that they bought a domain name of peterseidlertrust just to post this message?
Sheel’s complaint read like an emotional plea which is what happens often with many situations like this when there really isn’t a fact based case to be had. The entire content presented by her lawyers seems really thin at best. Who knows what the truth is yet this seems more a personal conflict between her and a few individuals rather than having legit fact based case.
Guess we find out more if this makes it to court. Hope she has more than a yellow notebook w some scribbles. Fact is, people can put about anything in a complaint, even untruths with the hopes that something sticks. Imo, total Hail Mary play by her that will drag the franchise thru the mud for a bit.
Imo, either she’s out of the picture as a result or the team gets sold. Best for us fans if this can be solved within a year yet that might be asking a lot. That trust is worth 5 billion w the padres just being just a % of that.
Matt Seidler is going somewhere, possibly jail. At the very least he is done as the trustee of his brother’s estate. All Sheel Seidler had to say is that there was a contentious relationship with him to remove him and she did in the lawsuit. He is out. The probable outcome is that it is placed with a court appointed receiver immediately.
John Seidler is out as chairman and control person. MLB will not even consider him until this is resolved 100%. The court will likely reverse any decisions made by the trustee and that includes making John the chairman and control person over Sheel Seidler’s objections.
Its also possible that Sheel is named as trustee if it is shown that Bob and Matt did not act in the best interest of the trust and or committed fraud. That will take longer than the first two things.
Most of this is going to be a long term mess but the first two items, Matt Seidler being removed as trustee of the Seidler Trust and John Seidler being removed from consideration as control person and Chairman will happen fairly quickly. Possibly as soon as the first day after this case is heard on January 14th.
So they are just going to lay the purple comment as a scapegoat mental health thing?
The Seidler family only owns 45% of the team. Can the remaining 55% group up around someone else?
It’s worth noting that Sheel’s mention of relocation in the complaint is, at best, a passing comment:
86. Strikingly, Matt as trustee has refused to commit to maintain Sheel’s Marital Trust’s status as the largest single shareholder of the Padres, raising the specter that the team she helped build with her husband could be taken away from her family. Indeed, Matt’s efforts to promote his brother John as Control Person and to block Sheel may well be part of his efforts to sell, and perhaps relocate, the team, over Sheel’s strident objections. In any event, they are a clear breach of his fiduciary duties to Sheel.
That’s it. She doesn’t say he’s planning to move the Padres. She only says definitively that he has refused to commit to maintain her share as the largest single shareholder of the padres. This “raises the specter” that he may seek to sell or relocate the team. By definition this is only stating that this is a fear of hers, brought on by his refusal to commit not to dilute her proportional ownership in the franchise, and efforts to promote John as control person without giving Sheel due consideration. Nobody is suggesting the team will be moved, only that a malicious trustee and controller working together COULD sell or move the team.
> in his letter, Matt Seidler contended, “Had Peter intended any of these things, he could have easily made that intention clear in the governing documents, which he amended for other matters several times before and after he became Control Person in 2020,” Matt Seidler wrote in Tuesday’s letter. “He completely restated his trust in July 2021 which reaffirmed the trustee’s responsibility to designate the Control Person. Additionally, Peter’s trust agreement specifically excludes Sheel from ever serving as trustee and gives her no role or rights with respect to the Control Person designation. During Peter’s leadership of the Padres, he never chose to make Sheel an executive, director, officer, or employee of the Padres.”
Matt Seidler’s letter also refers to what is commonly referred to as a “spousal consent” document, which the spouses of MLB control persons are required to sign that states they cannot be nor assign a control person. The letter says Sheel Seidler agreed in 2020 that “if Peter passed away she would not seek any order in any legal proceeding that would in any way restrain the control of the Club or the duties of the designated Control Person.”
I’m no legal expert but if this is true then I don’t really see how Sheel could win the lawsuit.
There is no way that relocation was every seriously considered, mostly on the part of it being a colossally stupid idea.
This has the incredible potential to become a huge shit show that the Padres, the City, and the fans don’t need. Ugh.
21 comments
In the letter, Matt Seidler wrote that “Sheel’s claims against Bob and me are entirely untrue, and we will vigorously defend ourselves against them. That said, the false accusations in her complaint will not distract the Padres organization from continuing its great momentum on and off the field in San Diego.”
The letter also emphatically denies an assertion in Sheel Seidler’s lawsuit that the Seidler family may be considering relocating the team. He called the idea “laughable” and declared Padres fans, who have set a franchise attendance record the past two seasons, as the “best in baseball.”
In the only portion of the letter that is bolded and underlined, Matt Seidler wrote, “To clarify the record without ambiguity, relocating the Padres from San Diego has never been discussed or contemplated.”
They could really do themselves some good by spending some money right now
That would be pretty unreal to move the Padres to a different city with how popular they have become and with how Petco seems to be packed full of fans every game nowadays.
That wasn’t the biggest concern in there. Worried about them not giving a shit being a dodgers fan and treat it like a shitty business again
I don’t trust someone who is a fan of a rival franchise, a franchise in our division no less, to have the best interests of the Padres, or San Diego in mind.
I don’t believe either party that this isn’t solely about Peter’s money. They need to sell the team.
Thanks ace. Good reporting
Okay, now it’s getting way too similar to Viserys’ last words in House Of The Dragon 🤦🏻♂️
[ Removed by Reddit ]
Anyone else find it gross that they bought a domain name of peterseidlertrust just to post this message?
Edit: it was purchased for the sole purpose of posting that letter. [bought today](https://www.godaddy.com/whois/results.aspx?itc=dlp_domain_whois&domain=Peterseidlertrust.com)
Sheel’s complaint read like an emotional plea which is what happens often with many situations like this when there really isn’t a fact based case to be had. The entire content presented by her lawyers seems really thin at best. Who knows what the truth is yet this seems more a personal conflict between her and a few individuals rather than having legit fact based case.
Guess we find out more if this makes it to court. Hope she has more than a yellow notebook w some scribbles. Fact is, people can put about anything in a complaint, even untruths with the hopes that something sticks. Imo, total Hail Mary play by her that will drag the franchise thru the mud for a bit.
Imo, either she’s out of the picture as a result or the team gets sold. Best for us fans if this can be solved within a year yet that might be asking a lot. That trust is worth 5 billion w the padres just being just a % of that.
Matt Seidler is going somewhere, possibly jail. At the very least he is done as the trustee of his brother’s estate. All Sheel Seidler had to say is that there was a contentious relationship with him to remove him and she did in the lawsuit. He is out. The probable outcome is that it is placed with a court appointed receiver immediately.
John Seidler is out as chairman and control person. MLB will not even consider him until this is resolved 100%. The court will likely reverse any decisions made by the trustee and that includes making John the chairman and control person over Sheel Seidler’s objections.
Its also possible that Sheel is named as trustee if it is shown that Bob and Matt did not act in the best interest of the trust and or committed fraud. That will take longer than the first two things.
Most of this is going to be a long term mess but the first two items, Matt Seidler being removed as trustee of the Seidler Trust and John Seidler being removed from consideration as control person and Chairman will happen fairly quickly. Possibly as soon as the first day after this case is heard on January 14th.
So they are just going to lay the purple comment as a scapegoat mental health thing?
The Seidler family only owns 45% of the team. Can the remaining 55% group up around someone else?
It’s worth noting that Sheel’s mention of relocation in the complaint is, at best, a passing comment:
86. Strikingly, Matt as trustee has refused to commit to maintain Sheel’s Marital Trust’s status as the largest single shareholder of the Padres, raising the specter that the team she helped build with her husband could be taken away from her family. Indeed, Matt’s efforts to promote his brother John as Control Person and to block Sheel may well be part of his efforts to sell, and perhaps relocate, the team, over Sheel’s strident objections. In any event, they are a clear breach of his fiduciary duties to Sheel.
That’s it. She doesn’t say he’s planning to move the Padres. She only says definitively that he has refused to commit to maintain her share as the largest single shareholder of the padres. This “raises the specter” that he may seek to sell or relocate the team. By definition this is only stating that this is a fear of hers, brought on by his refusal to commit not to dilute her proportional ownership in the franchise, and efforts to promote John as control person without giving Sheel due consideration. Nobody is suggesting the team will be moved, only that a malicious trustee and controller working together COULD sell or move the team.
> in his letter, Matt Seidler contended, “Had Peter intended any of these things, he could have easily made that intention clear in the governing documents, which he amended for other matters several times before and after he became Control Person in 2020,” Matt Seidler wrote in Tuesday’s letter. “He completely restated his trust in July 2021 which reaffirmed the trustee’s responsibility to designate the Control Person. Additionally, Peter’s trust agreement specifically excludes Sheel from ever serving as trustee and gives her no role or rights with respect to the Control Person designation. During Peter’s leadership of the Padres, he never chose to make Sheel an executive, director, officer, or employee of the Padres.”
Matt Seidler’s letter also refers to what is commonly referred to as a “spousal consent” document, which the spouses of MLB control persons are required to sign that states they cannot be nor assign a control person. The letter says Sheel Seidler agreed in 2020 that “if Peter passed away she would not seek any order in any legal proceeding that would in any way restrain the control of the Club or the duties of the designated Control Person.”
I’m no legal expert but if this is true then I don’t really see how Sheel could win the lawsuit.
There is no way that relocation was every seriously considered, mostly on the part of it being a colossally stupid idea.
This has the incredible potential to become a huge shit show that the Padres, the City, and the fans don’t need. Ugh.