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Buss brothers acquire stake in San Diego Padres ownership group

Yahoo Sports • 1 min read • Latest: Aug 27, 2026, 12:09 AM

Last updated Aug 27, 2026

Buss brothers acquire stake in San Diego Padres ownership group

Summary

Joey and Jesse Buss have purchased about 5% of the San Diego Padres through their investment firm, Buss Sports Capital. The transaction coincides with Kwanza Jones and Jose E. Feliciano taking control of the franchise for a record $3.9 billion. Despite their ties to the Los Angeles Lakers, the Buss brothers were raised Padres fans and aim to leverage their experience in player development and roster construction as they join the ownership group. Joey Buss expressed excitement about contributing to the team he has supported since childhood and believes the Padres are positioned for future success. The transition marks a significant moment in Padres history as new leadership begins to take shape.

Source Links

Yahoo Sports

By the Numbers

•Joey and Jesse Buss buy a 5% stake in the Padres.
•Transaction occurs during Jones and Feliciano's ownership takeover.
•Buss brothers were raised as Padres fans.
•They aim to apply their Lakers experience to the Padres.
•Joey Buss believes the Padres are on the cusp of success.

Latest Updates

12:09 AMYahoo Sports — Buss Brothers Purchase Stake in New Sports Team

What they're saying

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The former owners of the Los Angeles Lakers are expanding into baseball, but not with the Dodgers. The post Buss Brothers Purchase Stake in New Sports Team appeared first on LA Sports Report.
— Yahoo Sports

Related Teams & Leagues

Los Angeles Dodgers San Diego Padres MLB Baseball