Padres sale to Feliciano and Jones sets new MLB valuation record
MLB owners unanimously approved the San Diego Padres sale to José E. Feliciano and Kwanza Jones for a record $3.9 billion, with Feliciano named control person; the deal includes other investors such as Alfredo Harp Helú and the Buss brothers, and closing is expected soon, establishing a new franchise-valuation benchmark beyond the Mets’ previous record.