BASEBALL / DAILY REPORT : AROUND THE MAJORS : Deal for Padres Still in Works

Florida businessman Malcolm Glazer is negotiating to buy a portion of the San Diego Padres, but an investment banker said a deal isn’t imminent. Paul Wachter, managing director of West Coast investment banking for Wertheim Schroder & Co., denied a report in Thursday’s Times that Padres chairman and managing partner Tom Werner had reached a tentative agreement to sell the team to Glazer for $82.5 million.

“We’re still having discussions with them, but we’re not that close,” Wachter said. “There are some real issues that are still open.”

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Curt Schilling will undergo arthroscopic surgery on the knee he injured doing rehabilitation for his injured elbow, the Philadelphia Phillies said. The right-handed pitcher has been on the disabled list since May 17 after undergoing surgery to remove a bone spur from his right elbow. Monday, after doing his exercises, Schilling felt something pop in his left knee and team physician Phillip J. Marone determined that the surgery was necessary.

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Right fielder Willie McGee of the San Francisco Giants underwent surgery to repair a torn left Achilles’ tendon and will probably miss the rest of the season.