A group led by José E. Feliciano and Kwanza Jones agreed to buy the San Diego Padres for a record $3.9 billion in May of this year. The sale has now been formally approved by the other owners.
The Seidler family announced their plans to explore a sale of the San Diego Padres in late 2025. Since the passing of Peter Seidler in 2023, this had seemed like a real possibility.
Earlier in 2026, news broke that an agreement had been reached to sell the team to an investor group led by José E. Feliciano and Kwanza Jones for a record $3.9 billion.
Even after an agreement, there is a lengthy process before a franchise sale can be completed. And now, it seems the final hurdle has been crossed.
Photo by Hector Vivas/Getty Images
#diego #Padres #seidler #billion
The Seidler family announced their plans to explore a sale of the San Diego Padres in late 2025. Since the passing of Peter Seidler in 2023, this had seemed like a real possibility.
Earlier in 2026, news broke that an agreement had been reached to sell the team to an investor group led by José E. Feliciano and Kwanza Jones for a record $3.9 billion.
Even after an agreement, there is a lengthy process before a franchise sale can be completed. And now, it seems the final hurdle has been crossed.
Photo by Hector Vivas/Getty Images
#diego #Padres #seidler #billion
24 days ago
