After a long sale process, the San Diego Padres were finally sold to a group led by José E. Feliciano and his wife, Kwanza Jones. The final amount came in at a record price of $3.9 billion.

A potential landmark deal is taking shape in Major League Baseball, and it could change how franchises are valued for years to come. The San Diego Padres are reportedly nearing a sale that could approach $3.

After a long sale process, the San Diego Padres were sold to José E. Feliciano and his wife, Kwanza Jones, for a Major League Baseball-record $3.9 billion. This number completely shattered the previous record of $2.4 billion, which was set by Steve Cohen ...

So the San Diego Padres have new owners, pending, of course, approval by Major League Baseball and customary closing conditions.  If Kwanza Jones and José E.

The San Diego Padres have been sold to José E. Feliciano, Clearlake Capital co-founder and part of the Chelsea FC ownership group, and his wife Kwanza Jones, it was announced Saturday. The sale price is an MLB-record $3.9 billion, the Wall Street Journal previously reported.

A former front-office colleague of AJ Preller explained why the Padres' $3.9 billion sale might not be entirely well-received in MLB corporate headquarters.

The San Diego Padres are entering a new era. The franchise announced that the Seidler family has agreed to transfer control of the team to an ownership group led