Padres to be sold for an MLB-record $3.9 billion
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José Feliciano And Kwanza Jones Purchase Padres For $3.9 Billion, Marking A Major Moment For Latino Ownership In MLB
San Diego Padres superstar Manny Machado shared his thoughts on the reported $3.9 billion sale of the team to José E. Feliciano and his wife Kwanza Jones.
LOS ANGELES— Jose E. Feliciano, a co-founder of Clearlake Capital Group and part-owner of Chelsea F.C., has emerged as one of the bidders to purchase the San Diego Padres, further underscoring the growing interest from private equity in major professional sports franchises.
The uncertainty over the San Diego Padres' ownership has ended as the Seidler family is set to make a deal to sell the NL West franchise to a group led by private equity billionaire Jose E.
After an ugly feud within ownership’s family that transpired after Peter Seidler’s death in 2023, the Padres are on the brink of being sold.
San Diego Padres star Manny Machado reacts to Jose Feliciano’s reported $3.9B franchise purchase and its future impact on the club Friday.
Padres ownership is close to selling the franchise for a record $3.9 billion price tag. Get all the details at MLB Trade Rumors.
San Diego’s MLB franchise is reportedly being sold for a record sum to José Feliciano, a private equity mogul who has a mixed record with sports team ownership.