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- San Diego Padres
San Diego Padres Revenue, Valuation, Funding & Investors
San Diego Padres is valued at $500M as of March 2009, a 2.9x revenue multiple. San Diego Padres revenue was $282M and San Diego Padres EBITDA was ($32M), as disclosed with its March 2022 round.
Last San Diego Padres valuation
$500M
Secondary · Mar 2009
San Diego Padres revenue
$282M
Secondary · Mar 2022
Key investors in San Diego Padres
Arctos Partners
Jeff Moorad
San Diego Padres Overview
About San Diego Padres
The San Diego Padres are a Major League Baseball team based in San Diego, California, that competes in the National League West Division and plays its home games at Petco Park in downtown San Diego, its ballpark since 2004. The club was founded in 1969 as an expansion franchise and took its name from the Pacific Coast League team that had played in the city since 1936; the name honours the Franciscan friars who founded Mission San Diego de Alcalá. The Padres have won two National League pennants, in 1984 and 1998, losing the World Series both times, and have five division titles and five wild-card berths since 2020. The team earns revenue from ticket sales, local and national media rights, sponsorships and merchandise. Past owners include McDonald's founder Ray Kroc and his widow Joan Kroc, and Peter Seidler led the club from 2012 until his death in November 2023, after which his brother John Seidler became control person. In May 2026 the Seidler family agreed to sell control of the team to an investor group led by Clearlake Capital co-founder José E. Feliciano and his wife Kwanza Jones at a reported MLB-record valuation of $3.9 billion, and MLB owners unanimously approved the sale on August 17, 2026, with Feliciano as control person.
Founded
1969
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Revenue
$282M (Mar 2022)
Valuation
$500M (Mar 2009)
Sectors
San Diego Padres Valuation
San Diego Padres is currently valued at $500M, based on its secondary sale in March 2009. Read the announcement ↗
The $100M round was led by Jeff Moorad.
San Diego Padres valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Mar 2009 | Secondary | $500M | 2.9x |
San Diego Padres Revenue
San Diego Padres' latest recorded revenue is $282M, as of its secondary sale in March 2022.
Revenue grew from $174M in March 2009 to $282M in March 2022.
San Diego Padres revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Mar 2022 | $282M | - | - | Secondary |
| Mar 2009 | $174M | $500M | 2.9x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
San Diego Padres Funding History
San Diego Padres has 2 recorded secondary share sales and no primary funding rounds.
San Diego Padres funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2022 | Secondary | Arctos Partners (lead) | - | - | Arctos Sports Partners holds a minority stake in the San Diego Padres, one of six Major League Baseball investments first reported by Sportico on 15 March 2022. The private equity firm had built positions in the Los Angeles Dodgers, Chicago Cubs, San Francisco Giants, San Diego Padres, Houston Astros and, through Fenway Sports Group, the Boston Red Sox, and only the Red Sox investment had previously been public. The size of each stake, the prices paid and the dates of the transactions were not disclosed, and the teams and Arctos largely declined to comment. Sportico valued the Padres at $1.76 billion at the time, 16th in the league; the club was then controlled by Peter Seidler's ownership group. MLB was the first major US league to allow private equity funds into team ownership, a change it made in late 2019; its rules cap a single fund at 15% of a club and limit total fund ownership of a team to 30%, while placing no cap on the number of clubs a fund may invest in. Arctos, co-founded in 2019 by Ian Charles and David "Doc" O'Connor, had about $2.9 billion under management as of October 2021 and had made more than a dozen sports investments by then. |
| Mar 2009 | Secondary | Jeff Moorad (lead) | $100M | $500M | A group of 12 investors led by the former sports agent Jeff Moorad took control of about 35% of the San Diego Padres from John Moores in March 2009, in the first stage of a planned five-year purchase of the club. The sale valued the Padres at about $500 million, and the initial payment was about $100 million for the 35% interest, with further funds due to take the group to 49% in 2010. Moorad's partners included Troy Aikman, the former quarterback and his former client, the Save Mart Supermarkets chief executive Bob Piccinini and the Panda Express chief executive Tom Davin. Moorad left his role as chief executive of the Arizona Diamondbacks and became the Padres' chief executive and vice chairman. The group reached 49% of the club, but in early 2012 Major League Baseball owners deferred a vote on his assuming control and Moorad withdrew. Moores then sold the club to a group led by Ron Fowler and the Seidler and O'Malley families for $800 million in August 2012. The Padres, a National League West club founded in 1969, play at Petco Park in downtown San Diego. |
Who has invested in San Diego Padres?
2 investors have backed San Diego Padres across its funding rounds, including Arctos Partners and Jeff Moorad.
Lead investors include Arctos Partners and Jeff Moorad.
San Diego Padres Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialSan Diego Padres Competitors
San Diego Padres competitors include listed companies like Sportradar and Manchester United, and private ones like Suning Sports, Harris Blitzer Sports & Entertainment, Los Angeles Chargers and FC Bayern München.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.6B | - | ||
| Publicly listed | $1.4B | $596M | $3.8B | 2.0x | ||
| Private | - | - | $4B | - | ||
| Private | $593M | $105M | $4B | 7.0x | ||
| Publicly listed | $908M | $321M | $3.7B | 4.8x | ||
| Private | $1.1B | $211M | $4.2B | 3.8x |
San Diego Padres Public Comps
San Diego Padres is still privately-owned, but its public comps include Sportradar, Manchester United, Atlanta Braves Holdings, Cannae Holdings, Juventus FC, Ollamani, Borussia Dortmund, Parken Sport, MSG Sports and TKO.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.4B | $596M | 2.3x | 2.0x | 5.6x | 8.5x | |||
| $908M | $321M | 4.9x | 4.8x | 13.9x | 15.4x | |||
| $732M | $98M | 5.6x | 5.2x | 41.7x | 68.3x | |||
| $424M | ($162M) | 2.0x | 2.1x | (5.1x) | (15.8x) | |||
| $585M | $121M | 1.9x | 2.1x | 9.2x | 9.8x | |||
| $346M | $35M | 2.3x | 1.9x | 22.4x | 11.3x | |||
| $515M | $103M | 0.8x | 0.7x | 3.8x | 3.4x | |||
| $282M | $84M | 1.9x | - | 6.2x | - | |||
This data is available for Pro users. Sign up to see all San Diego Padres competitors and their valuation data. Start Free Trial | ||||||||
Common questions about San Diego Padres
| When was San Diego Padres founded? | San Diego Padres was founded in 1969. |
| Where is San Diego Padres headquartered? | San Diego Padres is headquartered in San Diego, CA, United States. |
| Is San Diego Padres publicly listed? | No, San Diego Padres is a private, VC-backed company. |
| What is San Diego Padres' valuation? | San Diego Padres was last valued at $500M in its secondary sale in March 2009. |
| Who are San Diego Padres' investors? | San Diego Padres' investors include Arctos Partners and Jeff Moorad. |
| What is San Diego Padres' revenue? | San Diego Padres' latest recorded revenue is $282M (March 2022). |
| Which companies are comparable to San Diego Padres? | Companies comparable to San Diego Padres include Suning Sports, Sportradar, Harris Blitzer Sports & Entertainment, Los Angeles Chargers, Manchester United and FC Bayern München. |
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