TheBaseballPage.com

Peter Magowan Biography by The Baseball Page

Peter Magowan Biography by The Baseball Page

Peter A. Magowan, then CEO of Safeway, led an eleventh-hour bid called for by MLB when the Giants were on the cusp of being sold and moved to St. Petersburg at the close of the 1992 season. Magowan's group's purchase of the Giants from Bob Lurie was approved in January 1993; the Giants then quickly signed Barry Bonds to a 6-year, $43.75 million (then a record both for total package and average salary).

Voters had declined several opportunities to help build a new ballpark for the Giants (leading to their near move to St. Pete). But in 1995 SF voters approved Magowan's plan to build Pac Bell Park in the South Beach district of the city with private financing.

Magowan's teams won the NL West in 1997, 2000 and 2003, the Wild Card in 2002, lost a one-game playoff for the Wild Card slot in 1998 and won a 103 games in 1993, but did not qualify for the post-season.

In May 2008 Magowan announced he would retire after the season and that he would be succeeded as managing partner of the ownership group by William Neukom, and as President of the club by Larry Baer.

By BR Bullpen

 

More From Around the Web

Sponsored Links

This day in baseball history

February 28

  • 1986

    In Major League Baseball's sternest disciplinary move since ...

  • 1975

    On February 28, 1975, the New York Mets acquire slugging fir ...

  • 1966

    On February 28, 1966, Los Angeles Dodger stars Don Drysdale ...

More Baseball History

Player Profile

Jerry Mumphrey

LF, Chicago Cubs

Read Bio
Hall of Fame

Chick Hafey

OF, St. Louis Cardinals

Read Bio
Season Profile

1961 Detroit Tigers

The craziness of 196

Read Bio
Historical Figure

1937 All Star

1937 All Star Game, Dizzy Dean

Read Bio
Manager Profile

Heinie Wagner

Boston Red Sox

Read Bio
Ballpark Profile

Polo Grounds

The scene of some of the most

Read Bio
Tagged:
Baseball History, Bob Lurie, MLB Owner, Pacific Bell Park, San Francisco Giants

Comments

Login or register to post comments

Stay Connected

Share |

Today's Poll

Will Red Sox Repeat in 2014: