Peter Seidler was an American businessman. He was the chairman for the San Diego Padres of Major League Baseball.
He was also the founder and managing partner of Seidler Equity Partners, a private equity firm.
He was a member of the O’Malley family, which had owned the Brooklyn/Los Angeles Dodgers for nearly 50 years.
Peter Seidler died on November 14, 2023, at the age of 63
Who was Peter Seidler?
Peter Seidler was born in Alhambra, California, on November 7, 1960.
He was the grandson of Walter O’Malley and nephew of Peter O’Malley, who had owned the Brooklyn / Los Angeles Dodgers of Major League Baseball (MLB).
He earned a bachelor’s degree in finance from the University of Virginia and a Master of Business Administration from the University of California, Los Angeles.
While at Virginia, he joined Delta Upsilon Fraternity.
Seidler founded a private equity firm, Seidler Equity Partners in Marina del Rey, California, in 1992. He was the managing partner.
The firm had an estimated $1.8 billion in assets under management in 2020 and $3.5 billion in 2023.
In 2012, Seidler, his uncle Peter, and Ron Fowler formed the O’Malley Group, which purchased MLB’s San Diego Padres from John Moores.
On November 18, 2020, MLB approved the transfer of the role of chairman from Fowler to Seidler, who purchased part of Fowler’s stake in the team to become the largest stakeholder.
Seidler increased the Padres’ payroll to $214 million for the 2022 season, which was the sixth-highest in MLB.
The Padres reached the 2022 National League Championship Series. The Padres payroll increased to $237 million for the 2023 MLB season, the third-highest in MLB.
He authorized the acquisitions and contract extensions to star players, including Xander Bogaerts, Yu Darvish, Manny Machado, Fernando Tatís Jr., Juan Soto, Josh Hader, and Joe Musgrove.
All about Peter Seidler wife Sheel Seidler
Who is Peter Seidler married to?
Peter Seidler’s wife is Sheel Seidler, a yoga teacher and spiritual practitioner.
Sheel is the founder of Kundalini With Sheel, an online platform that offers classes and workshops on Kundalini yoga, meditation, and wellness.
She also teaches at Buddhi Yoga in La Jolla, California. Sheel and Peter met in 2009 and got married in 2010. They share a passion for baseball and philanthropy.
Peter Seidler kids
Peter Seidler had three children with his wife Sheel Seidler, a yoga teacher and spiritual practitioner.
However, he and his wife have kept information about their children private and have not revealed their names or ages to the public.
How did Peter Seidler die?
Peter Seidler died in San Diego on November 14, 2023, at the age of 63.
The Padres announced his death in a media release on Tuesday, The news comes after Seidler, a two-time survivor of non-Hodgkins lymphoma, shared in a statement in September that he had undergone “a medical procedure” the month prior and was “on the road to recovery.”
“Although I can’t be with you at the ballpark for our remaining games this season, I am watching them all, and I look forward to making some noise together again in 2024 and celebrating the 20th anniversary of our beautiful ballpark,” his statement added.
According to the San Diego Union-Tribune, Seidler “had been battling an illness for months,” and his family requested for his cause of death to remain private.
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