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