Sheel Seidler

San Diego Padres nearing record $3.9B sale

Photo courtesy San Diego Padres Facebook page

East County News Service

April 20, 2026 (San Diego) — The current owners of the San Diego Padres, the Seidler family, are reportedly in the final stages of an agreement to sell the team to a group led by private equity billionaire José E. Feliciano and his wife, musician and investor Kwanza Jones, for a reported $3.9 billion.

If finalized and approved by Major League Baseball as expected, the transaction will represent the highest sale price in MLB history, shattering the previous record of $2.4 billion set in 2020 by Steve Cohen when he bought the New York Mets.


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