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Padres' new owners plan ambitious spending for franchise

ESPN • 1 min read • Latest: Aug 25, 2026, 1:54 AM

Last updated Aug 25, 2026

Padres' new owners plan ambitious spending for franchise

Summary

Jose E. Feliciano and Kwanza Jones, the new owners of the San Diego Padres, held a press conference on August 25, 2026, outlining their plans for the franchise. They described the purchase as a "family investment" and expressed intentions to spend ambitiously yet judiciously to enhance the team's competitiveness. This strategy marks the beginning of a new chapter for the Padres as they aim to bolster their roster and improve overall performance. Specific financial commitments or plans will be detailed in the coming weeks as the offseason progresses.

Source Links

ESPN

Key Details

•Jose E. Feliciano and Kwanza Jones are now co-owners.
•They held a press conference on August 25, 2026.
•The owners vowed to spend ambitiously and judiciously.
•This marks a new era for the Padres franchise.

Latest Updates

1:41 AMESPN — Owners thrilled with 'family investment' of San Diego Padres - ESPN

What they're saying

"
As part of an energetic news conference that signaled a new era for the San Diego Padres, co-owners Jose E. Feliciano and Kwanza Jones called the franchise's purchase a "family investment," and vowed to spend "ambitiously" yet "judiciously" on Monday.
— ESPNby Alden Gonzalez

Related Teams & Leagues

San Diego Padres MLB Baseball