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MLB Owners Approve Padres Sale for $3.9 Billion

8/17/2026

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Story summary
  • MLB owners unanimously approved the sale of the San Diego Padres to billionaire José E. Feliciano and his wife Kwanza Jones.
  • Feliciano and Jones reached a May agreement to purchase the Padres from Peter Seidler’s family for an MLB-record $3.9 billion, with closing pending in the coming weeks.
  • Commissioner Rob Manfred said the new owners understand the Padres’ unique place in San Diego and the league looks forward to their leadership.