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MLB Owners Approve Padres Sale for $3.9 Billion

8/17/2026

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Summary

Story summary

MLB owners approved the sale of the San Diego Padres to José E. Feliciano and Kwanza Jones, pending closing.
The deal values the team at $3.9 billion, exceeding the prior $2.4 billion record set for the New York Mets.
Feliciano and Jones said they aim to win a World Series while the Padres, 17-5 in their last 22 games, are tied with the Phillies for the wild-card spot.

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Story summary

MLB owners approved the sale of the San Diego Padres to José E. Feliciano and Kwanza Jones, pending closing.
The deal values the team at $3.9 billion, exceeding the prior $2.4 billion record set for the New York Mets.
Feliciano and Jones said they aim to win a World Series while the Padres, 17-5 in their last 22 games, are tied with the Phillies for the wild-card spot.