Investor Group Led By José E. Feliciano, Kwanza Jones Vows World Series Championship After Reaching Deal To Buy Padres
An investor group led by José E. Feliciano and Kwanza Jones has reached a deal to purchase the San Diego Padres, pending Major League Baseball approval. The sale, valued at a record $3.9 billion, will give Feliciano and Jones approximately a 40% equity stake, with the Seidler family retaining a portion. The new owners pledged to invest in the community and aim to bring a World Series championship to San Diego.
- ▪The San Diego Padres have agreed to sell the franchise to an investor group led by José E. Feliciano and Kwanza Jones.
- ▪Major League Baseball must still approve the sale, which was not officially priced in the announcement but is reported to be around $3.9 billion.
- ▪Feliciano and Jones are expected to hold about 40% equity, while the Seidler family will retain a stake in the team.
- ▪The new owners emphasized community investment and long-term sustainability in their vision for the Padres.
- ▪Feliciano is a co-founder of Clearlake Capital, which also owns Chelsea FC in the English Premier League.
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Editorial Investor Group Led By José E. Feliciano, Kwanza Jones Vows World Series Championship After Reaching Deal To Buy Padres BLOG (Photo by Hector Vivas/Getty Images) Andrew Powell Sports Reporter May 03, 2026 9:43 PM ET May 03, 2026 9:43 PM ET Andrew Powell Sports Reporter Font Size: const observer = new MutationObserver((mutations) => { const adDivToHide = document.querySelector("#dailycaller_incontent_1"); if (adDivToHide && dc_noads_page) { adDivToHide.classList.add("hide-premium", "hide-free"); observer.disconnect(); console.log("Ad div found and hidden"); } }); observer.observe(document.body, { childList: true, subtree: true }); Padres fans should be excited, but cautious at the same time.
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