Padres Near MLB-Record Sale to Feliciano for $3.9B
The San Diego Padres are reportedly nearing a deal to be sold to private-equity billionaire José E. Feliciano for a MLB-record $3.9 billion, with an agreement in place with the Seidler family. The sale must be approved by 75% of MLB owners, undergo SEC review, and win consent from the City of San Diego for the Petco Park portion; the timeline could influence roster moves before the Aug. 3, 2026 trade deadline as the new owners take control.