The San Diego Padres took out a $50 million loan in September "to address short-term cash flow issues and meet their obligations, including player payroll," according to The Athletic's Evan Drellich, Dennis Lin and Ken Rosenthal.
"MLB teams commonly tap into lines of credit to pay their bills, prompting some officials in the sport to suggest any concern should be tempered because the Padres were ultimately creditworthy enough to draw the loan," The Athletic wrote. "But other officials briefed on the team's finances who were not authorized to speak publicly viewed the Padres' situation as worrisome.