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Ken Rosenthal Reveals Potential Padres Sale Could Possibly Be for Around $3.5 Billion

"It's a billion over the previous record, which is the New York Mets," Rosenthal said, referring to the Mets' sale in 2020. The reason for the premium? The California factor. "You are not seeing California teams come up for sale. That's a rare thing." Detroit Pistons owner Tom Gores' group is believed to be the favorite in the bidding process.