Insane prices. They were looking north of 2 billion and got nearly double that.
BREAKING: The San Diego Padres are nearing a deal to be sold to private-equity billionaire José E. Feliciano and his wife Kwanza Jones at a MLB-record valuation of around $3.9 billion.
News with @miriamgottfried.https://t.co/nStdAXFcQ2
— Jared Diamond (@jareddiamond) April 17, 2026
The San Diego Padres are nearing a deal to be sold to private-equity billionaire José E. Feliciano and his wife Kwanza Jones, according to people familiar with the matter.
The deal values the Padres at around $3.9 billion—the highest valuation ever achieved by a Major League Baseball team, the people said. The previous record was Steve Cohen’s $2.4 billion purchase of the New York Mets in 2020.
https://www.wsj.com/sports/baseball/san-diego-padres-sale-b954a4d4
h/t jlee2027