{"id":272914,"date":"2026-04-17T18:06:08","date_gmt":"2026-04-17T18:06:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/272914\/"},"modified":"2026-04-17T18:06:08","modified_gmt":"2026-04-17T18:06:08","slug":"san-diego-padres-on-verge-of-being-sold-for-mlb-record-3-9-billion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/272914\/","title":{"rendered":"San Diego Padres on verge of being sold for MLB-record $3.9 billion"},"content":{"rendered":"<p>SAN DIEGO (KGTV) \u2014 The San Diego Padres ownership group is reportedly close to selling the franchise for a Major League Baseball-record $3.9 billion to billionaire Chelsea FC co-owner Jose E. Feliciano and his wife Kwanza Jones, <a class=\"Link\" href=\"https:\/\/www.wsj.com\/sports\/baseball\/san-diego-padres-sale-b954a4d4\" target=\"_blank\" rel=\"nofollow noopener\">according to the Wall Street Journal<\/a>.<\/p>\n<p>The WSJ, citing sources, was first to report Friday morning that the Seidler family and Feliciano and his wife were nearing a deal for the team. <\/p>\n<p>The publication noted an official announcement of an agreement could come early next week.<\/p>\n<p>If the franchise is sold for $3.9 billion, it would surpass the previous MLB record set in 2020 when Steve Cohen purchased the New York Mets for $2.4 billion.<\/p>\n<p>During the sale process, Feliciano \u2014 the co-founder of private equity group Clearlake Capital \u2014 was reportedly among four bidders in the running to purchase the Padres.<\/p>\n<p>This breaking news story will be updated as more information becomes available.<\/p>\n","protected":false},"excerpt":{"rendered":"SAN DIEGO (KGTV) \u2014 The San Diego Padres ownership group is reportedly close to selling the franchise for&hellip;\n","protected":false},"author":2,"featured_media":272915,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[118361,118362,118363,74,76,75,32997],"class_list":{"0":"post-272914","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-diego","8":"tag-jose-feliciano","9":"tag-padres-ownership","10":"tag-padres-sale","11":"tag-san-diego","12":"tag-san-diego-headlines","13":"tag-san-diego-news","14":"tag-seidler-family"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/272914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=272914"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/272914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/272915"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=272914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=272914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=272914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}