Padres poised for MLB-record $3.9B sale to Clearlake-led group

1 min read
Source: The Guardian
Padres poised for MLB-record $3.9B sale to Clearlake-led group
Photo: The Guardian
TL;DR Summary

San Diego Padres near a record $3.9 billion sale to a Clearlake Capital–led group headed by José Feliciano and Kwanza Jones, pending MLB owner approval, which would top the Mets’ 2020 sale and end the Seidler era. The deal underscores rising franchise values as MLB negotiates a new CBA with salary-cap discussions.

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