MLB owners approve Padres sale to José E. Feliciano, Kwanza Jones
3 sources • 1 min read • Latest: Aug 17, 2026, 6:02 PM
Last updated Aug 17, 2026
The sale of the San Diego Padres was unanimously approved by MLB owners on August 17, 2026. José E. Feliciano and Kwanza Jones will lead the new ownership group, taking over from the Seidler family following Peter Seidler's passing in 2023. The sale is valued at $3.9 billion, surpassing the previous record for a franchise acquisition. The new owners expressed their ambition to bring a World Series championship to San Diego, emphasizing community engagement and team excellence. The transaction is expected to close in the coming weeks, pending finalization.
- •José E. Feliciano and Kwanza Jones become majority owners.
- •Padres sold for a record $3.9 billion.
- •Transaction expected to close in the coming weeks.
- •New owners aim to build a championship team.
- •Padres are currently playing strong baseball, winning 17 of last 22 games.
- 6:26 PMYahoo Sports — MLB approves sale of San Diego Padres to José E. Feliciano and Kwanza Jones
- 6:06 PMYahoo Sports — MLB approves $3.9B sale of Padres to José E. Feliciano, Kwanza Jones
- 6:02 PMCBS MLB — Padres sale unanimously approved, new owners aiming to 'bring a World Series championship to San Diego'
- 5:47 PMYahoo Sports — MLB owners unanimously approve Padres sale to José E. Feliciano, Kwanza Jones after they led reported $3.9 billion purchase
"Major League Baseball's team owners unanimously have approved the sale of the San Diego Padres to an investor group led by private equity billionaire José E. Feliciano and his wife and business partner, Kwanza Jones. Feliciano and Jones reached an agreement in May to buy the Padres from the family of late owner Peter Seidler at an MLB-record valuation of $3.9 billion. “José and Kwanza understand the unique place the Padres hold in San Diego and the powerful bond between the club and its fans,” MLB Commissioner Rob Manfred said in a statement.
"Major League Baseball owners unanimously approved the San Diego Padres' new ownership group, shifting control to José E. Feliciano and Kwanza Jones.
"Feliciano and Jones, husband and wife, are reportedly buying more than 40% of the franchise.
Sources
External links- Yahoo SportsAug 17, 2026, 6:26 PMMLB approves sale of San Diego Padres to José E. Feliciano and Kwanza Jones
Major League Baseball's team owners unanimously have approved the sale of the San Diego Padres to an investor group led by private equity billionaire José E. Feliciano and his wife and business partner, Kwanza Jones. Feliciano and Jones reached an agreement in May to buy the Padres from the family of late owner Peter Seidler at an MLB-record valuation of $3.9 billion. “José and Kwanza understand the unique place the Padres hold in San Diego and the powerful bond between the club and its fans,” MLB Commissioner Rob Manfred said in a statement.
- Yahoo SportsAug 17, 2026, 6:06 PMMLB approves $3.9B sale of Padres to José E. Feliciano, Kwanza Jones
Major League Baseball owners unanimously approved the San Diego Padres' new ownership group, shifting control to José E. Feliciano and Kwanza Jones.
- CBS MLBAug 17, 2026, 6:02 PMPadres sale unanimously approved, new owners aiming to 'bring a World Series championship to San Diego'
The Padres are now operated by owners Jose E. Feliciano and Kwanza Jones
- Yahoo SportsAug 17, 2026, 5:47 PMMLB owners unanimously approve Padres sale to José E. Feliciano, Kwanza Jones after they led reported $3.9 billion purchase
Feliciano and Jones, husband and wife, are reportedly buying more than 40% of the franchise.
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