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Moorad was one of five D-backs' ownership partners, including managing general partner Ken Kendrick, Dale Jensen, Mike Chipman and Jeff Royer. Moorad will have to sell his small interest in the D-backs if he is successful in purchasing the Padres.
"Jeff has established himself through the years with us, and I think Major League Baseball, from discussions I've had with them directly, would be comfortable with him controlling an ownership group with another club," Kendrick said.
Moorad attended UCLA and received a law degree from Villanova before forming Moorad Sports Management in 1983, growing a client base that eventually included such stars as Manny Ramirez and Ivan Rodriguez. He has homes in Paradise Valley, Ariz., and Newport Beach, Calif.
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