Major League Baseball owners approved the new ownership group for the San Diego Padres on August 17, 2026. The approval allows José E. Feliciano and Kwanza Jones to take control of the franchise following the completion of the $3.9 billion sale, which is noted as a record-setting transaction in the league.
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MLB Approves San Diego Padres' $3.9 Billion Ownership Change
The San Diego Padres' ownership change has received unanimous approval from Major League Baseball owners. José E. Feliciano and Kwanza Jones are set to take control of the franchise following the completion of the $3.9 billion sale.
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Padres’ $3.9 billion sale gets MLB approval — what makes it ‘unique’
MLB Approves San Diego Padres' $3.9 Billion Ownership Change