baseball

Padres near record-breaking sale could bring new ownership philosophy

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Who are Jose E, Feliciano, and his wife, Kwanza Jones?

Potential new San Diego Padres owners Kwanza Jones & Jose E. Feliciano (Photo by Greg Doherty/Getty Images for SUPERCHARGED) | Getty Images for SUPERCHARGED The Wall Street Journal ( paid subscription required ) reports that a group led by private-equity billionaire Jose E. Feliciano and his wife, Kwanza Jones, is close to finalizing a deal to buy the San Diego Padres.

The sale price is a Major League Baseball record $3. 9 billion. The deal will surpass the amount Steve Cohen paid ($2.

42 billion) for the New York Mets in 2020. The Padres were put up for sale last November by the Seidler family. The ownership situation has been in question since the death of primary team owner Peter Seidler.

. @jareddiamond joined @BenAndWoods to detail his reporting on the potential sale of the Padres and what he knows about the reported new owners Jose E. Feliciano and Kwanza Jones: pic.