Padres chairman John Seidler announced the family is exploring “strategic options for the San Diego Padres, including a potential sale of the franchise.”

SAN DIEGO — The owners of the San Diego Padres are now exploring options to sell the team, according to a press release from the team.

The Seidler family announced Thursday that it is exploring “strategic options for the San Diego Padres, including a potential sale” of the Major League Baseball franchise. The announcement comes two years after owner Peter Seidler passed away from non-Hodgkin’s lymphoma.

“The family has decided to begin a process of evaluating our future with the Padres, including a potential sale of the franchise,” said John Seidler, Padres chairman. “We will undertake this process with integrity and professionalism in a way that honors Peter’s legacy and love for the Padres and lays the foundation for the franchise’s long-term success”.

While the family explores its options, the team’s announcement ensured players, fans, and others that it will continue its mission to field a World Series winning team. 

“During the process and as we prepare for the 2026 season, the Padres will continue to focus on its players, employees, fans, and community while putting every resource into winning a World Series championship,” Seidler stated. “We remain fully committed to this team, its fans, and the San Diego community.”

The Padres have engaged BDT & MSD Partners to guide the evaluation process. The firms will oversee the review. 

CBS 8 will continue to follow any new developments.Â