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Franchises

Moorad Near Deal To Sell Triple-A Tucson Padres For $20M; Club Would Move To El Paso

Jeff Moorad is near a deal to sell the Triple-A PCL Tucson Padres to Mountainstar Sports Group. The estimated $20M transaction also calls for the minor league club to relocate to El Paso, Texas, but the sale is not contingent on approval in a vote next week in El Paso to build a new downtown ballpark. "We're in the ninth inning of that process, and hopefully El Paso will put their final blessings on the deal," Moorad said. "We're excited to have this deal, and we believe the new owners will be great custodians of the franchise." The team will play in Tucson next year and has a lease option for '14, with the lease terms covering an expected ballpark construction period in El Paso. Moorad made one of his first public appearances today at the Bloomberg Sports Business Summit since his bid to buy the Padres from John Moores failed. He declined to comment on that situation or his future business plans. Had a prior effort to build a new ballpark in Escondido, Calif., for the Triple-A club succeeded, Moorad said he and his partners would have entertained keeping the club and working with the parent club and new owner Ron Fowler.

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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