The Seidler family has officially agreed to sell the San Diego Padres to a group led by investors and philanthropists, José E. Feliciano, and his wife, Kwanza Jones. The couple will own the franchise jointly.
News of the sale broke two weeks ago. After a months-long process, the Seidlers selected the bid from Felciano and Jones as the winner. Subsequently, the couple attended the second of San Diego's two games against the Diamondbacks in Mexico City. The deal will come at a valuation of $3.9 million, shattering the previous MLB record set when Steve Cohen bought the Mets for $2.42 billion in 2020.
