# San Diego Padres ownership transition

> Live situation record from CLSTR: https://clstr.news/situations/san-diego-padres-ownership-transition
> Updated: 2026-08-28T00:01:41.000Z. Sources: 2. Developments: 2.

Major League Baseball owners unanimously approved the sale of the San Diego Padres to an investment group led by José E. Feliciano and Kwanza Jones. The transaction, valued at a record $3.9 billion, marks the most expensive baseball team sale in MLB history and concludes the Seidler family’s tenure.

Following the approval, Feliciano and Jones completed the acquisition, making them the first Latino co-owners of an MLB team. Feliciano, the founder of Clearlake Capital, expressed a commitment to achieving competitive results for the franchise.

## Timeline

### 2026-08-28: José E. Feliciano and Kwanza Jones acquire San Diego Padres

José E. Feliciano and Kwanza Jones have acquired the San Diego Padres in a deal valued at $3.9 billion, making them the first Latino co-owners of an MLB team.

2 sources. https://clstr.news/cluster/jos-e-feliciano-and-kwanza-jones-acquire-san-diego-padres

### 2026-08-16: San Diego Padres sale to José E. Feliciano approved for $3.9 billion

MLB owners unanimously approved the $3.9 billion sale of the San Diego Padres to José E. Feliciano and Kwanza Jones, marking the most expensive franchise sale in baseball history.

40 sources. https://clstr.news/cluster/cleveland-guardians-reach-10000-franchise-wins

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Cite as: San Diego Padres ownership transition. CLSTR, https://clstr.news/situations/san-diego-padres-ownership-transition