Jose Feliciano and Kwanza Jones agree to purchase San Diego Padres
Yahoo Sports • 1 min read • Latest: Jun 16, 2026, 5:41 PM
Last updated Jun 16, 2026
Jose Feliciano and Kwanza Jones will become the controlling owners of the San Diego Padres, pending approval from MLB owners later this month. The sale marks a record $3.9 billion transaction, significantly higher than previous franchise sales. The Padres, currently struggling at a.521 winning percentage, offer a dedicated fanbase and a top-ten payroll. Feliciano and Jones will inherit a team facing challenges with aging players and underperformance, particularly from high-profile contracts like those of Manny Machado and Xander Bogaerts.
- •Feliciano and Jones agree to buy Padres for $3.9 billion
- •Padres hold a.521 winning percentage this season
- •Current payroll stands at $213 million
- •Team struggles with aging roster and underperforming stars
- •MLB owners to vote on the sale later this month
- 5:41 PMYahoo Sports — $3.9 Billion Buys An Aging And Underperforming San Diego Padres Team
"The San Diego Padres are about to be sold to Jose Feliciano and Kwanza Jones, who will take over a team that has a great fanbase but is aging and underperforming.
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