Fowler was a member of a minority group that owned 49.32 percent of the Padres. The group, headed by then-Padres chief executiveJeff Moorad, attempted to buy the Padres from controlling ownerJohn Moores for $530 million, but the deal fell through in April 2012. Fowler then replaced Moorad as the general partner of the minority group, and he served on the Padres executive committee. Fowler joined a new group to purchase the Padres that included four heirs to the O’Malley family—who owned the Los Angeles Dodgers franchise for five decades. Kevin and Brian O'Malley are the sons of former Dodgers owner Peter O'Malley and grandsons of Walter O'Malley, the owner who moved the Dodgers west from Brooklyn after the 1957 season. Peter and Tom Seidler are the nephews of Peter O’Malley. MLB approved the $800 million sale, which completed on August 28, 2012. As much as $200 million of the sale price included the team's 20-percent stake in Fox Sports San Diego, a cable channel that pays the Padres annual fees as part of a $1.2 billion, 20-year agreement. Fowler was named the ownership group's executive chairman and was designated to represent the Padres in all league meetings. He became the first locally based control person of the team since founding owner C. Arnholdt Smith. Under the Fowler/Siedler/O'Malley group, the Padres have signed 3 players to contracts that beat the previous franchise record contract, giving 6 years and $83 million to Wil Myers in January 2017, 8 years and $144 million to Eric Hosmer in February 2018, and 10 years and $300 million to Manny Machado in February 2019.
Liquid Investments
Fowler is the chairman and CEO of privately held Liquid Investments Inc., the parent company of former operating entities in California and Colorado. The investment group distributed Miller, Coors, Heineken and other beer brands and had annual sales exceeding $220 million.
Fowler and his wife Alexis have made major contributions to her alma mater, San Diego State University. The school's College of Business Administration was renamed the Fowler College of Business in 2016 in response to the couple's $25 million endowment pledge to the business school. An earlier challenge donation that raised $10 million for the athletics center resulted in its being named the Fowler Athletic Center.
