Description
Mr. Gettings discusses plans for a Major League Baseball franchise in San Diego, spearheaded by Mr. Smith and the San Diego Baseball Company. The application process is underway, aiming for a community-owned team with Mr. Smith providing management and substantial ownership. Estimated initial investment ranges from $3 to $6 million. A preference for the National League is expressed, with a focus on leveraging regional rivalries to boost attendance. Discussions are ongoing regarding moving the Padres to the San Diego stadium, contingent on comparable economic conditions mirroring Westgate Park’s operations, crucial to avoiding a financial loss.
