Change We Can Believe In
For a community that has consistently been promised change over the years, we here at FF hope that we finally have some change we can believe in. This is, of course, a loaded statement, what with the series of disappointing regimes we have faced over the years. A quick stroll through memory lane doesn't bode well for the nascent reign of Jeff Moorad, the new Padre co-owner/CEO:
- The Krocs had their ups (Ray) and downs (Joan)
- Tom Werner is synonymous "The Fire Sale I"
- John Moores has had his moments, but personal issues have clearly impacted the team
- According the Union-Tribune, he chimed in on the possibility of moving Peavy this season to meet payroll with:
It would be premature for me to say what is going to happen. The goal is to build this for the long term. I don't know how that impacts the Peavy situation. But we're going to do whatever we can to improve the team.
Sure, this doesn't say that they will keep Peavy, but it also seems to eliminate the probability of moving him at fire sale prices. Let's be real, by not moving him this offseason, the club was put in a position where Peavy's value declined on a daily basis. Every club knew Moores couldn't afford Peavy on his own, and the club would become disparate to move him at some point. The idea of someone over paying for him when the club doesn't have the ability to just stay the course is ludicrous. - Moorad seems poised to draft based on talent over affordability. Also from the U-T article previously referenced:
We'll look at the minor league system. There have been some drafting challenges. I'm looking forward to drafting near the top ... in that aspect, we'll go in the right direction.
The Chargers used to engage in draft trickery during the Bobby Beathard era. It didn't work for the Bolts, and it surely hasn't worked for the Padres. The good news here is that Moorad seems to have an AJ Smith vibe toward the draft. This can only be a positive move. Even (former?) nemesis of Friar managament Scott Boras seems to agree. - According to ESPN, Moorad has signaled that "...his goal is to compete with a payroll of $70 million to $80 million." Hallelujah.
- Multiple reports indicate that Moorad is not in this to make a quick profit. He gives the impression that he wants to right the ship, then let market forces provide the profit. This is a stark contrast to what Friar fans have become accustomed to - no more Blue Light specials.
- Given the fragile state of the economy, funding the purchase was difficult without a source of credit, but Moorad and company were creative, and found a model leveraged in the NFL as a template to stretch the sale out over time. Moores must be credited here as well, as he has essentially agreed to become Moorad's line of credit.
Labels: JeffMoorad, JohnMoores



4 Comments:
FF Welcome Back! We hope that you continue to call the shots as you see them. If the "Moorad Era" is half of what it was while he was in AZ, then San Diego has a winner.
March 30, 2009 12:12 PM
Hey Ryan--
Definitely agree about the Peavy situation. Knowing the budget is going back to natural levels, and the team doesn't have any other major long term commitments definitely brings a modicum of leverage back to the Padres.
Unfortunately, the changes in the market valuations this offseason need to reverse course before the Padres can get the kind of deal fans would expect.
I do wonder about this statement though:
[Moorad] gives the impression that he wants to right the ship, then let market forces provide the profit. This is a stark contrast to what Friar fans have become accustomed to - no more Blue Light specials.
Stark contrast? I'm not sure I agreee. What evidence are you basing that on?
I would say Moorad's philosophy you described correlates exactly with the way Moores operated the team.
We've seen reports of cash calls often, including $14 million just this year.
And speaking of PETCO, Moores still has more than $140 million of debt in the new stadium.
These are hardly the results of an owner milking profit or operating a shoestring budget.
April 3, 2009 7:27 PM
Melvin Nieves,
Thanks for the question. The stark contrast I was trying to draw - clearing falling short - was specifically that Moorad has indicated that he is willing to invest in the early rounds of the draft in a way that Moores had generally shied away from (i.e., the Matt Bush fiasco). This long run view of building through the draft by mixing high quality (read: comparatively expensive) draftees into the current strategy that emphasizes quantity (read: comparatively cheap) of draft players is the contrast. I suspect that more legitimate home grown talent will help bankroll profits in the future, and reduce the need for those pesky cash calls, which seem to carry a tinge of less-than-stellar planning. Give Moores credit for coming up with the cash - but sometimes our current shortcomings are the result of our own decisions in the past. For instance, while the club chose not to pay an extra $850,000 for Jared Weaver over Matt Bush, they have been willing to pay folks with much less upside similar amounts for roles on the big club. Alternatively, if I had done a better job explaining myself in the original post, we likely would not be having this comment exchange ;p I do want to emphasize, as I have in prior posts, that John Moores has done a lot for the club, and I certainly take my hat off to him. The club is significantly better off for his involvement.
April 3, 2009 10:06 PM
Word, I see what you're saying now.
If the team had signed Grant Green last year it would be like two first round picks this year. Though I'd like to think not signing him was a risk/reward decision, not just an unwillingness to spend outright.
April 4, 2009 3:48 PM
Post a Comment
<< Home