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MLB Approves $3.9 Billion Padres Sale to Feliciano and Jones
New ownership group led by Jose E. Feliciano and Kwanza Jones receives unanimous approval from league owners, contingent on closing within weeks
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Event
MLB approves sale of San Diego Padres to José E. Feliciano and Kwanza Jones
Major League Baseball has unanimously approved the sale of the San Diego Padres to a new ownership group led by Jose E. Feliciano and Kwanza Jones for $3.9 billion. The transaction, which follows the death of former owner Peter Seidler in 2023, is contingent on closing within the next few weeks. The new owners have pledged to invest in the franchise with the aim of winning a World Series championship.
2 published stories · mlb · source reliability 67%
Background
Why this event matters
Major League Baseball has unanimously approved the sale of the San Diego Padres to a new ownership group led by Jose E. Feliciano and Kwanza Jones for $3.9 billion. This transaction, which sets a new record for an MLB franchise sale, follows the death of former owner Peter Seidler in 2023 and the subsequent transfer of control to his family. The deal is contingent on closing within the next few weeks, with the new owners pledging significant investment to secure a World Series championship. The Padres, who have never won a World Series title, are currently tied for the second wild-card spot in the standings.
event-brief
MLB approves sale of San Diego Padres to José E. Feliciano and Kwanza Jones
Major League Baseball has unanimously approved the sale of the San Diego Padres to a new ownership group led by Jose E. Feliciano and Kwanza Jones for $3.9 billion. This transaction, which sets a new record for an MLB franchise sale, follows the death of former owner Peter Seidle
Reporting trail
CBS Sports | https://www.cbssports.com/mlb/news/padres-sale-approved | published 2026-08-17T18:02:05.000Z | primary sourceCBS Sports | Primary source for the announcement of the unanimous approval, ownership details, valuation figures, and quotes from the new owners and MLB Commissioner.Yahoo Sports | https://sports.yahoo.com/articles/mlb-approves-sale-san-diego-182633822.html | published 2026-08-17T18:26:33.000Z | primary source
Fact cards
entity brief
MLB approves sale of San Diego Padres to José E. Feliciano and Kwanza Jones: key people and institutions
Key entities: San Diego Padres, Major League Baseball, Jose E. Feliciano, Kwanza Jones, Peter Seidler, John Seidler, Rob Manfred, New York Mets.
source brief
MLB approves sale of San Diego Padres to José E. Feliciano and Kwanza Jones: reporting sources
CBS Sports | https://www.cbssports.com/mlb/news/padres-sale-approved | published 2026-08-17T18:02:05.000Z | primary source | CBS Sports | Primary source for the announcement of the unanimous approval, ownership details, valuation figures, and quotes from the new owners and MLB Co
timeline brief
MLB approves sale of San Diego Padres to José E. Feliciano and Kwanza Jones: timeline
2012: The Seidler family purchases the San Diego Padres for $800 million. 2023: Former owner Peter Seidler dies, with control of the team passing to his family. 2026-08-13: Fox Sports publishes the primary source detailing the 2026 MLB playoff schedule. 2026-08-17: MLB owners una
Timeline
2012
The Seidler family purchases the San Diego Padres for $800 million.
2023
Former owner Peter Seidler dies, with control of the team passing to his family.
2026-08-13
Fox Sports publishes the primary source detailing the 2026 MLB playoff schedule.
2026-08-17
MLB owners unanimously approve the $3.9 billion sale to Feliciano and Jones.
2026-09-29
The 2026 MLB postseason commences with the Wild Card Series.
2026-10-23
The 2026 World Series is scheduled to begin.
2026-10-31
The potential conclusion of the 2026 World Series with Game 7.