Feliciano, Jones Seal MLB’s Biggest Franchise Deal at $3.9B

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Source: Sportico.com
Feliciano, Jones Seal MLB’s Biggest Franchise Deal at $3.9B
Photo: Sportico.com
TL;DR Summary

Private equity billionaire Jose E. Feliciano and his wife Kwanza Jones will buy the San Diego Padres for $3.9 billion, a MLB-record price that far surpasses Steve Cohen’s $2.42 billion Mets deal, with the winning bid selected from a slate of finalists as part of a sale process linked to the late Peter Seidler’s family trust; an official announcement was expected soon.

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