SEATTLE -- Thomas Tull, the CEO of Legendary Pictures, has been told that his group is not among the finalists in the running to purchase the Padres, according to the Associated Press.
Tull had been endorsed by former Padres Hall of Fame outfielder Tony Gwynn. A spokesman for Tull declined comment.
It is believed that are at least five groups interested in purchasing the team from majority owner John Moores.
As of May 25, three groups had been approved by Major League Baseball to review the financial records of the Padres for possible purchase, Moores told MLB.com. Moores said that he expected that number to reach six before bidding on the team was complete.
On May 28, golfer Phil Mickelson, a San Diego native, joined the group that includes four grandchildren of former Dodgers owner Walter O'Malley in their pursuit of buying the team.