Tuesday, February 12, 2008

Frank & Jamie, Take Note: Padres Owner Entering Splitsville

Just in time for Valentine's Day! From the San Diego Union-Tribune:

Becky Moores, wife of Padres owner and downtown developer John Moores, has filed for divorce after more than 44 years of marriage.

It is not known how the proceedings will affect the team, if at all....

In California, a spouse is entitled to half of community property, which is defined as assets acquired or income earned by a married person while living with his or her spouse.

John Moores bought 80 percent of the Padres in 1994 for a reported $80 million. His net worth has been estimated in recent years by Forbes magazine at about $750 million. The magazine projected the value of the Padres at more than $360 million....

Among many other philanthropic efforts, the couple donated $21 million to establish the John and Rebecca Moores Cancer Center at UCSD....

The Moores met in high school history class in Texas and married in 1963. They have four adult children, including Jennifer, a minority owner of the Padres.

Longtime sweethearts, high-profile charitable giving, nepotistic tendencies....Hmmm, where have we seen this before?

(Hat tip: SbB)