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Story summary
- The San Diego Padres are set to be sold for a record $3.9 billion to Jose E. Feliciano and Kwanza Jones, pending MLB owners' approval.
- The sale surpasses the prior MLB record of $2.4 billion.
- The sale follows a legal battle over ownership after the death of former owner Peter Seidler.
- Feliciano is Clearlake Capital's co-founder and aims to preserve the Padres' community ties amid a local media contract shortfall.
