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Peter Seidler, Padres owner who spent big money on players, dies at 63


Peter Seidler, the San Diego Padres owner whose bullish belief that his smaller-market club could spend – and compete − with baseball’s titans, died Tuesday after battling illness for several months. He was 63.

Seidler, who purchased a controlling stake in the franchise in 2020, spared little expense in chasing a World Series championship – and chasing down the division and regional rival Los Angeles Dodgers. A grandson of Walter O’Malley, who moved the Dodgers from Brooklyn to Los Angeles in 1958, Seidler famously said in August 2022 that the Dodgers were the “dragon up the freeway we were trying to slay.”

Two months later, his Padres did just that, defeating the Dodgers in a four-game National League Division Series thanks in large part to his club’s aggressiveness in free agency and the trade market.

Seidler gained controlling interest in the club one year after the Padres changed the course of their franchise by signing Manny Machado to a 10-year, $300 million deal in February 2019. But they were just getting started.

Padres owner Peter Seidler celebrates with the club after defeating the Dodgers in the 2022 NLDS at Petco Park.

Between 2020 and 2023, the club would commit $1.26 billion more to six players – All-Star shortstop Xander Bogaerts (11 years, $280 million), pitcher Yu Darvish (six-year, $108 million extension), pitcher Joe Musgrove (five years, $100 million extension), first baseman Jake Cronenworth (seven years, $80 million) and shortstop turned right fielder Fernando Tatis Jr. (14 years, $340 million).

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