Certainly doesn't do anything to firm up Moorad's ownership group.
Sheesh. This whole thing is just bad news, seems like. But inevitably, and this was always the plan, Moorad's going to use the club's revenues to pay off Moores. Which is what happened in LA, and has happened many times over in MLB for decades. The better for the owners to control each other, I suppose.
From Tim Sullivan via the Tweeter: "Jeff Moorad not stepping down as #Padres CEO, but withdrawing application to become "control" person to get TV deal done. More to come." Sullivan says himself more ... more
Not that Moorad seems like a paragon of virtue, but there is a qualitative difference between using revenue generated by the club to pay off the purchase and using revenue like the McCourt's did, to... more
Oh, and other thing I was going to add. I just can't help but have a picture of Moores in my head while this is going down. This guy seems so desperate to get out of MLB, and he just can't do it.... more