Family feud sparks battle for control of San Diego Padres


Summary

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Full story

The San Diego Padres are facing a family fight for team control. On Monday, Jan. 6, Sheel Seidler, the widow of former owner Peter Seidler, filed a lawsuit against Seidler’s brothers, seeking to ensure what she calls “the vision Peter and I shared for the team.”

In the lawsuit –– filed in the state of Texas, where Peter and Sheel own a residence –– Sheel Seidler is attempting to wrest control from Bob and Matt Seidler, accusing them of “breaches of fiduciary duty and fraud” as trustees that control the franchise.

In a statement posted on social media, Sheel Seidler added, “As the holder of the largest individual ownership stake in the San Diego Padres, and the sole beneficiary of the Seidler Trusts, which possess exclusive rights with respect to control of the franchise, I am seeking to be named the control person for the Padres.”

The lawsuit also alleges that the brothers have “irreconcilable conflicts of interest” and sold the trust’s assets to themselves at “far-below-market prices” in an effort to gain control of the team.

Peter Seidler died in 2023 after a months-long illness and complications from cancer. An interim control person, Eric Kutsenda—a friend and business partner of Peter Seidler—has been running the franchise for the 13 months since his passing. Major League Baseball expects a new control person to be named by the start of spring training in late February.

A spokesperson for the Peter Seidler Trust said in a statement that the lawsuit is “without merit.” The spokesperson added, “Peter had a clear estate plan, that plan specifically named three of his nine siblings, with whom he had worked closely for many decades, as successor trustees of his trust and Peter himself prohibited Sheel from ever serving as trustee.”

The statement went on to declare that Sheel Seidler agreed she would not interfere with the process of choosing someone for that role.

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Why this story matters

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Montes per cras

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Vulputate magnis

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Global impact

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The players

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Bias comparison

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  • The Center inceptos odio proin orci justo fringilla varius conubia purus risus litora dolor elementum tellus ligula, mi quisque praesent iaculis ullamcorper lobortis nostra et at nulla luctus donec ac.
  • The Right lacinia tellus mauris dolor velit viverra efficitur dapibus finibus aenean platea cubilia auctor, etiam sociosqu consequat torquent curae maximus parturient lorem tortor nunc.

Media landscape

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Key points from the Center

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Key points from the Right

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Timeline

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Summary

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Quis congue

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Nullam ullamcorper blandit nisl malesuada convallis nunc justo netus porta vel lorem, mi consequat nascetur pretium penatibus velit laoreet bibendum accumsan.


Full story

The San Diego Padres are facing a family fight for team control. On Monday, Jan. 6, Sheel Seidler, the widow of former owner Peter Seidler, filed a lawsuit against Seidler’s brothers, seeking to ensure what she calls “the vision Peter and I shared for the team.”

In the lawsuit –– filed in the state of Texas, where Peter and Sheel own a residence –– Sheel Seidler is attempting to wrest control from Bob and Matt Seidler, accusing them of “breaches of fiduciary duty and fraud” as trustees that control the franchise.

In a statement posted on social media, Sheel Seidler added, “As the holder of the largest individual ownership stake in the San Diego Padres, and the sole beneficiary of the Seidler Trusts, which possess exclusive rights with respect to control of the franchise, I am seeking to be named the control person for the Padres.”

The lawsuit also alleges that the brothers have “irreconcilable conflicts of interest” and sold the trust’s assets to themselves at “far-below-market prices” in an effort to gain control of the team.

Peter Seidler died in 2023 after a months-long illness and complications from cancer. An interim control person, Eric Kutsenda—a friend and business partner of Peter Seidler—has been running the franchise for the 13 months since his passing. Major League Baseball expects a new control person to be named by the start of spring training in late February.

A spokesperson for the Peter Seidler Trust said in a statement that the lawsuit is “without merit.” The spokesperson added, “Peter had a clear estate plan, that plan specifically named three of his nine siblings, with whom he had worked closely for many decades, as successor trustees of his trust and Peter himself prohibited Sheel from ever serving as trustee.”

The statement went on to declare that Sheel Seidler agreed she would not interfere with the process of choosing someone for that role.

Tags: , ,

Why this story matters

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Dignissim magnis nulla

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Semper conubia

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Synthesized coverage insights across 150 media outlets

Global impact

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Community reaction

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Bias comparison

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  • Not enough coverage from media outlets in the center to provide a bias comparison.
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Media landscape

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33 total sources

Key points from the Center

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  • Per magna placerat amet magnis maximus nam efficitur dolor velit ornare urna quisque scelerisque.

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Key points from the Right

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