A quick refresher: the San Diego Padres are in the process of being sold by current owner John Moores to a consortium group, led by former Diamondbacks CEO Jeff Moorad.
Moores was ostensibly forced to sell the team because of divorce proceedings (gotta split the baby), and similarly was hoping to cut payroll dramatically. In fact, he decreed that the payroll needed to be under $40 million. Because it currently stands at $45 million or so, most thought it mean Jake Peavy was out the door - and probably to the Chicago Cubs.
Enter Jeff Moorad. The question became, how faithfully would he hold to the decree of a $40 million payroll? No one really knew. The Peavy trade rumors died down.
But they might be coming back due to some issues in the sale of the Padres. Read all about the newest Cubs-Peavy rumor...
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