Amid the ongoing legal dispute over control of the franchise in the wake of Peter Seidler’s death in 2023, the Seidler family is open to the idea of selling the franchise.

The family announced in a release on Thursday that they were exploring “strategic options,” including a potential sale of the Padres.

Forbes has the Padres ranked as the 17th-most valuable franchise in MLB at $1.95 billion, with $432 million in revenue and a $32 million operating income.

This article will be updated soon to provide more information and analysis.

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