Padres Sold for Record $3.9B | California News

San Diego Padres just got a record-breaking $3.9 billion makeover — private equity giants José E. Feliciano and Kwanza Jones are taking the reins, marking a historic shift from the late Peter Seidler’s family. MLB owners unanimously approved the deal, with Commissioner Rob Manfred praising the new owners for their deep ties to San Diego and commitment to winning. The team remains under CEO Erik Greupner and GM A.J. Preller, who’ll keep day-to-day operations running smoothly. Feliciano and Jones, backed by minority partners including the Buss family, aim to bring a World Series title to the city — while the Padres are currently on fire, sitting atop the playoff race after 17 wins in their last 22 games. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/32f767400644d3ae