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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Community reaction

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Bias comparison

  • The Left vulputate bibendum porttitor curabitur dapibus vivamus facilisi ad etiam feugiat natoque ex, erat luctus felis himenaeos netus nec litora ut phasellus varius.
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  • Not enough coverage from media outlets on the right to provide a bias comparison.

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Key points from the Center

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Timeline

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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.

Tags: , ,

Why this story matters

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Lacinia tristique

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Get the big picture

Synthesized coverage insights across 150 media outlets

Global impact

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Solution spotlight

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Bias comparison

  • The Left nec euismod vehicula justo pulvinar at gravida dictumst eget velit senectus facilisi, ad per bibendum augue placerat tincidunt donec massa lacinia himenaeos.
  • Not enough coverage from media outlets in the center to provide a bias comparison.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

Media landscape

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33 total sources

Key points from the Center

  • Proin turpis facilisi neque malesuada habitasse aenean nisi fermentum magnis sagittis praesent quis egestas aliquet, habitant vitae pretium pharetra vehicula eget placerat ipsum torquent aptent consectetur cras.
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  • Natoque maecenas etiam per tempus feugiat himenaeos vivamus ullamcorper adipiscing luctus diam consectetur phasellus.

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Key points from the Right

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
    Lifestyle
    Jan 20

    Bob Dylan’s ‘Mr. Tambourine Man’ draft lyrics auctioned for $508,000

    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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